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...
“America needs immigrants. American businesses are short of workers, particularly in construction, farming, leisure and the gig economy, and America no longer is a magnet for the most highly-educated.” – The Lonely Realist What makes America great? Is America the exalted democracy described by Alexis de...
“With stocks priced to perfection, America’s love affair with equities may be waning. Are there attractive alternatives?” – The Lonely Realist As TLR noted this past May, the Federal Reserve has the ability to deflate inflationary excess …, including priced-to-perfection equities. It merely has to “remove...
“Massive monetary and fiscal stimuli have fueled brash speculation – gambling – but little economic growth.” – The Lonely Realist The internet provides valuable learning tools for children and young adults. One such tool is gaming. Online gaming encourages critical thinking that can improve skills and promote...