“No one works anymore. There's no need to have a regular job and there are too many employment opportunities to choose from anyway.” – The Lonely Realist Those Americans whose role model is television character Maynard G. Krebs (The Many Loves of Dobie Gillis) are today...
“Prices are rising. The supply chain is broken. The economy is slowing. What’s next?” – The Lonely Realist So much economic noise! So much chatter with little coherence or consistency. There are financial tweets from social media personalities like Twitter CEO Jack Dorsey, who recently warned...
“Americans are restless and confused, searching for direction, empty and aching without quite understanding why.” – The Lonely Realist Simon & Garfunkel released the song “America” in 1968, the year in which Martin Luther King, Jr. and Robert F. Kennedy were assassinated, the year in which...
Readers will recall commentaries over the past two years in which TLR expressed the view that the Federal Reserve will face political and economic realities that prevent it from adequately responding to incipient inflationary forces by either tapering its bond-buying or raising interest rates. In his...
“America’s most recent Presidents have stretched their Constitutionally-granted powers to an extreme. Unless Congress acts to end the power-grab, America may be breeding a monarchy.” –The Lonely Realist Arthur Schlesinger’s 1973 book, The Imperial Presidency, reached the conclusion that the Constitution provides no real limits on...