Two numbers reveal everything you need to know about the U.S. economy over the past two decades. Between 1999 and 2018, the S&P 500 grew 6 percent annually, after accounting for dividends (2 percent annual gain) and inflation (2 percent annual loss). Stock prices more than doubled in value over this time period. Wall Street […]

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With Covid-19 and Black Lives Matter foremost on everyone’s mind, it is unlikely that Social Security will play a prominent role in the 2020 election. Joe Biden and the Democrats should try to ensure it does. Focusing on Social Security works to their advantage. One reason Donald Trump won the 2016 election was that he […]

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Thinking several steps ahead prepares us for the future; not doing so invites failure. The inability to think ahead has turned a global health crisis into an economic crisis for the United States and a political crisis for President Trump. Currently (early May), it is hard to know when the U.S. economy can safely reopen […]

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As I write this, there have been more than 336,000 reported cases of the coronavirus in the United States, and over 9,600 have died from it. Some experts contend that, in the worst possible case scenario, the virus is capable of killing as many as three million Americans. What makes the coronavirus so deadly is […]

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As the presidential race heats up, two contentious and related issues concerning higher education have begun to take center stage—whether to make tuition free and what to do about Americans drowning in college debt. The Democrats running for president have struggled mightily with these issues. Before we get to solutions, let’s review the problems. The […]

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