Category Archives: Political & Geopolitical

Critical Labor Shortage To Delay Hurricane Rebuilding

There was already a shortage of construction workers, especially in the South, before the hurricanes slammed Texas, Louisiana and Florida. No doubt demand for construction workers in these areas will skyrocket in the weeks and months just ahead. More on this below. Across all industries, unfilled job openings hit another new record high in July,…

High Corporate Income Tax = Less Pay For Workers

I have argued recently that one of the first things Congress should do is lower the corporate income tax from 35% to 15% (or at least 20%) – even if broad-based tax reform has to wait until next year. I have also argued for an immediate one-time corporate tax rate, say 10%, on profits held…

The President Can Put Congress On Obamacare – So Do It!

This post should strike a chord with everyone, regardless of your political persuasion. Were you angered last month when the GOP-controlled Senate failed to repeal Obamacare? I know I certainly was. Republicans have promised for seven years to “repeal and replace” Obamacare – if only voters would give them majority control of Congress and the…

Debt Ceiling Battle Will Be Extra-Dangerous This Year

As you’ve probably heard, we have another debt ceiling battle coming in September and probably early October. This is nothing new – or is it? I will argue below that this year’s debt ceiling battle has the potential to be the most dangerous in decades. For the past six months, Treasury Secretary Steven Mnuchin has…

Rural American Population is Shrinking – How Come?

The rural population across America is shrinking for the first time in at least 40 years, according to a recent report from the US Department of Agriculture. There is a deep political divide between rural and urban America, and a new poll finds this gap to be more cultural (values) than economic (jobs). A recent…