Gongol.com Archives: February 2017
(Video) Senator Lindsey Graham rebukes the President's proposal to slash funding for the State Department. Security today is the result of long, patient investment in trust-based relationships, not cavalier transactional deal-making. Things like diplomacy (including public diplomacy, like investments in international broadcasting) don't pay off overnight. That makes them susceptible to short-sighted cuts, unless thoughtful leaders like Senator Graham prevail.
It is a hallucination to believe that 4% real GDP growth can be achieved without long-term, sustainable, and patient investment in our physical and human capital. We need to invest in our physical infrastructure -- but not with short-term stimulus programs that just dump some asphalt on existing roadways. We need to invest in our human capital, too -- but not by artificially inflating (and then crashing) a dubious universe of for-profit schools. The United States could probably sustain 4% growth rates in the long term, but that would require increasing our productivity by much more than 4% (unless we somehow expect a dramatic boom in workforce participation). Plans to get to 4% growth absolutely must include plans to raise productivity.
A strain that hasn't gotten a lot of attention before (H7N9) appears to be resurgent in Asia
Has a long period in the opposition hollowed-out the ranks of people who can make real proposals happen? It's an interesting question. And it's especially important when it's clear there isn't a lot of policy leadership emanating from the Executive Branch.
Retailing is such a fickle business