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Green New Deal

According to Wikipedia, the Green New Deal (GND) is any of several proposed economic stimulus programs in the U.S. that aim to address both economic inequality and climate change.  The name refers to the New Deal, a combination of social and economic reforms and public works projects undertaken by President Franklin D. Roosevelt in response […]

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Coal

Years ago, in response to Los Angeles smog, Johnny Carson reputedly quipped, “I don’t trust air I can’t see.”  Maybe so Johnny, but your lungs and eyes understand the health benefits of clean air.  Scientists and policymakers generally agree that the world will have to quit coal to have any hope of restoring universal air […]

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Taking the Plunge

A February 4, 2019 article in the Wall Street Journal titled How to Invest When Markets Are Down noted that “If you have a lump sum to in­vest, rather than a small amount each month, you may be bet­ter off in­vest­ing it all at once, mainly be­cause keep­ing it on the side­lines in cash while […]

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“May You Live in Interesting Times”

According to Wikipedia, this is an English expression purported to be a translation of a traditional Chinese curse.  While, at first glance, this may be seen as a blessing, it is normally used ironically, with the clear implication that uninteresting times of peace and tranquility are more life-enhancing than interesting periods, which, from a historical […]

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“Politics is the Art of the Possible, the Attainable – the Art of the Next Best”

This quotation is generally attributed to Chancellor Otto von Bismarck and is sometimes modified to read, “Politics is the Art of Compromise.” Governing is not football, and while UCLA football’s coach, “Red” Sanders quote, “Winning isn’t everything, it’s the only thing,” may be appropriate for sports, it is not suitable for government. It would probably […]

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Will Social Security Run Out of Money?

The short answer is no, but the value of benefits may erode over time. The long term viability of the Social Security program is a recurring topic.  Recently, the Social Security Administration reported that this year retirement benefits paid out each month are exceeding the tax revenues and interest that fund the program.  Consequently, it […]

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