American Consequences

Author - Erica Wood

April 2019

Red Scare

A majority of millennials favor socialism – how did this happen? By Alice Lloyd It was September 2016, and Hillary Clinton had a youth problem. In a conference room at Democratic National Committee headquarters on Capitol Hill, about a third of the...

April 2019

What Happens if a Democrat Wins in 2020?

By Buck Sexton “America will never be a socialist country” has become an applause line President Donald Trump uses with increased frequency. Under other circumstances, in another time, one might chalk this up to the Donald’s habit of hyperbole...

April 2019

A Debt Jubilee Is Coming to America

If you study American history, you’ll see that Debt Jubilees occur only in a unique type of extreme political environment. After all, a Jubilee is a radical measure. The government essentially steals money from one group and hands it to another. In...

April 2019

Modern Monetary Nonsense

By Kenneth Rogoff A number of leading progressive U.S. politicians advocate using the Federal Reserve’s balance sheet to fund expansive new government programs. Although their arguments have a grain of truth, they also rest on some fundamental...

April 2019

Trick Quiz

By P.J. O’Rourke For 2020 Democratic Presidential Candidates Where Will the Money Come From?  The big, unruly crowd of would-be Democratic presidential candidates is engaged in a free-for-all. Literally. They’re fighting to see who can promise the...

April 2019

Green New Deal

Like What F.D.R. Did, Except the Trees Get Social Security By Andrew Ferguson Among much else – reporter, humorist, analyst, a Yoda for the Upper West Side – the New York Times columnist Thomas Friedman considers himself a phrase maker. One of his...

April 2019

The Debt Trap

How Thinking You’re Rich Can Make Us All Poor By Bill McGilton Most people would call Tom and Kate “rich”… They’re in their 40s and live in a Northeast suburb with their three kids. They’ve been married 20 years and both hold graduate degrees...

April 2019

This Time Really Is Different

By Christopher Smart Business cycles wouldn’t be cycles if there were not similarities in how firms confront changing market conditions over time. But as the current cycle nears its inevitable end, investors should not lose sight of the...