Absent any congressional action, between 1 million and 10 million workers and retirees will lose most of their promised pension benefits over the coming decades. It would be unfair to stave off those losses with taxpayer bailouts, and doing so would establish the precedent that the federal government will stand behind pension promises that it didn’t even … Continue reading Reform Underfunded Multiemployer Pension Plans. Don’t Make Taxpayers Bail Them Out.
China’s economic growth has been slowing down, but it was slowing down before President Donald Trump entered the White House, and it will continue to slow down, regardless of whether the U.S.-China trade dispute continues or not. Supporters of the administration’s trade policy often cite the decline in China’s largest stock market, the Shanghai Stock … Continue reading China’s ‘Economic’ Losses Aren’t Because of US Trade Success
It's that time of year again. No, not the holiday season, but the football playoffs. The regular season for college football just ended, with conference playoffs next weekend. Then it is bowl season and the NCAA playoffs. The NFL still has several weeks left in its regular season, and then playoff games begin shortly after … Continue reading Is Football Becoming Too Nice?
As a pediatrician-scientist who develops new vaccines for neglected diseases, I spent most of my career in the Boston-Washington, D.C. corridor. While working in the Northeast, I had heard a few things about the anti-vaccine movement. As both a vaccine scientist and a father of four, including a daughter diagnosed with autism and intellectual disabilities, … Continue reading The counties where the anti-vaccine movement thrives in the US
Last month, several dozen religious leaders reaffirmed a number of radical economic propositions contained within the 1973 Chicago Declaration of Evangelical Social Concern. “Before God and a billion hungry neighbors, we must rethink our values regarding our present standard of living,” proclaims the document. The document goes on to lament the “materialism of our culture and the maldistribution … Continue reading The Gospel of Marx? Religious Leaders Call for ‘Redistribution’
What is the defining human rights issue of our time? Candidates include inequality (Barack Obama), modern slavery (Theresa May), climate change (UN), transgender equality (Joe Biden) and even biodiversity (New Scientist). Perhaps someone could tell the one million Uyghurs who are locked in internment camps in China because they are Muslims. “Members of the Xinjiang … Continue reading Why isn’t religious freedom ‘the defining issue of our time’?
In July, the mayor of San Francisco frankly stated that poverty in the city is so bad, that “there is more feces on the sidewalks than I’ve ever seen.” And it’s not just her – the local NBC investigative unit found a “dangerous mix of drug needles, garbage, and feces throughout downtown San Francisco.” While … Continue reading Why California Cities Are Becoming Unlivable