The Tea Party

The kettle boiled but then cooled pretty damn fast. What happened? An analysis of the short-lived Tea Party movement. The “Tea Party” movement received intense media attention when it emerged in early 2009. Derided by popular media but coddled by conservatives, the movement shaped the outcome of the 2010 midterm elections and has since lost… Continue reading The Tea Party

Stagnant Real Income Caused by Stagnant Human Capital

The inevitable, painful march of developed economies and "emerging markets" to equalize their standards of living. Paul Kennedy's "The Rise and Fall of Great Powers" that’s central premise was every empire in history fell due to economic weakness and an over burdened military. The fact is this country is still the only super power (despite… Continue reading Stagnant Real Income Caused by Stagnant Human Capital