“Progressives want billionaires to pay their ‘fair share.’ What does that mean?” – The Lonely Realist The highest income tax rate payable by Americans is 37%, yet reports indicate that billionaires pay less, far less. For example, according to a 2021 White House release, an “analysis...
“Is the bull back?” – The Lonely Realist The bear warnings have been ominous. Virtually every seasoned analyst today is predicting a 2023 recession. One of America’s premier economists, A. Gary Shilling, goes further, saying that the recession already has started …, although it “won’t be...
“Although America is experiencing bitter partisanship, core policy execution will be the same whether the next President is named Trump or Biden.” – The Lonely Realist Three major policies occupy the bulk of Presidential attention: fiscal; foreign; and social. With Republicans and Democrats at terminal loggerheads,...
“Just when trust has become more important than ever …, it also has become scarcer than ever.” – Thomas Friedman (4/14/23) In a recent editorial in the New York Times, Tom Friedman focused on how trust has evaporated. Although his subject was U.S.-China relations, the sad...
“Homo Sapiens has invented many ways to destroy itself.” – The Lonely Realist How can the human race self-destruct? Let me count the ways! There’s nuclear holocaust, man-made pandemic, “natural” pandemic, meteorological catastrophe, AI knowledge engineering, genetic engineering error, and/or a permutation or combination of the...