“The human condition is improving at an exponential rate.” – The Lonely Realist The human condition has improved more over the last 100 years than it did over the prior 5,000 years. Think about what that means. Then consider that the next 25 years will see...
“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,...
“It’s the economy, stupid!” – James Carville (1992) Americans vote their wallets. Whether they like the incumbent’s or the challenger’s policies … or hate them both, they’ll vote for the candidate they believe will impact most positively on their economic health. If America’s economy has been...