The election of Donald Trump has triggered as much wonderment abroad as it has in the United States. David Runciman, a professor of politics at the University of Cambridge, has written in the London Review of Books a provocative reflection on the nature of democracy in the age of Trump: “Is this how democracy ends?” There is much to praise …
Paul Craig Roberts – America Is Being Destroyed By Problems That Are Unaddressed
One hundred years ago European civilization, as it had been known, was ending its life in the Great War, later renamed World War I. Millions of soldiers ordered by mindless generals into the hostile arms of barbed wire and machine gun fire had left the armies stalemated in trenches. A reasonable peace could have been reached, but US President Woodrow …
Dean Baker – Your retirement prospects are bleaker than ever
The vast majority of Americans who expect to retire in the next decade can count on little income other than their Social Security. This is true not only for low-income workers, who have struggled most of their lives, but also for millions of middle-income workers. Although Social Security is a tremendously important program, and provides a solid base that retirees …