“Regulatory whipsawing is undermining American business.” – The Lonely Realist Consistency in policy and law-making provides the optimal foundation for strong economic growth. Uncertain government policy inhibits economic planning and therefore is business’s bane. Alternating political party Presidencies over the past 32 years provide a demonstrably...
“What others now are saying is what TLR warned about years ago.” – The Lonely Realist In a recent opinion piece in Bloomberg, noted historian Niall Ferguson emphasized longstanding TLR themes, one of which is “the formation and consolidation of an Axis.” TLR readers witnessed the...
“Entitlement spending and tax cuts have fueled unaffordable deficits. To fund those deficits, America will have to reduce entitlements and increase taxes. Sorry!” – The Lonely Realist America for decades has been spending more than it earns, far more …, a subject much-discussed in prior TLRs....
TLR earlier this week engaged in the following Q&A: Q: I understand, Mr. Realist, that you recently repeated that “Iran and Israel have been dancing with war for decades.” Could you explain what you meant? REALIST: Since the rise to power of Ayatollah Khomeini in 1979,...
“Political extremists are dictating America’s agenda dialogue and, ultimately, government policy.” – The Lonely Realist Congress is the beating heart of American democracy. “Democracy is based on the notion that a people should be self-governing and that the representatives of the people should be held accountable...
“Fear and greed cut two ways.” – The Lonely Realist The predictions Cassandra made two years ago were prescient. She said that the Fed’s successful management of America’s economy has proven it to be “a highly capable economic general [whose] creative policies avoided depression following the...