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Friday, September 20, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: Robert J. Samuelson


Robert J. Samuelson: Should we love or hate ‘negative’ interest rates?

If the case for negative interest rates is so strong, why all the controversy? The answer, of course, is that the case isn’t that strong.


Robert J. Samuelson: The great deficit gamble

This is a high-stakes gamble. The possible ways in which a world sated with dollar securities could trigger a financial or economic crisis are many.


Robert J. Samuelson: Learning from the Great Depression

There are parallels between the present financial turmoil and past episodes of economic disruption, including the Great Depression of the 1930s.


Robert J. Samuelson: Is the economy turning against Trump?

There is growing evidence of a possible recession. If one materializes, President Trump could lose his most powerful argument for reelection: a strong economy.


Robert J. Samuelson: The Fed and the jobs punch bowl

The Fed increasingly sees itself as a social agency dedicated to job creation. That – more than the effect on stock prices – is the real story behind the Fed’s …


Robert J. Samuelson: Are we shortchanging the military?

The military-industrial complex isn’t bankrupting us – though some on the left still cling nostalgically to the belief that it is. It’s fiction.


Robert J. Samuelson: Here’s how the internet attacked me

The letter seemed innocuous, except for one troubling detail: I didn’t create an online account with the Social Security Administration.


Robert J. Samuelson: America’s cycle of disappointment

Economic policy entrepreneurship hasn’t and won’t disappear. But the hoped-for gains have been conspicuous by their absence. There is an enduring cycle of disappointment.


Robert J. Samuelson: Is Putin right that liberalism is obsolete?

Vladimir Putin says many people around the world have lost faith in the liberal idea.


Robert J. Samuelson: The fate of Japan – and everyone else

Japan is slowly going out of business; its population is shrinking and it resists immigration. This cannot continue indefinitely.


Robert J. Samuelson: The Democrats’ fairy-tale campaigns

The lessons of the past do not seem to have been absorbed or analyzed with significant rigor. Anyone who has paid the slightest bit of attention knows that government has …


Robert J. Samuelson: The brave new world of trading blocs

The trade standoff between the United States and China suggests that the long-established ‘most favored nation’ approach is giving way to rival economic blocs that, increasingly, control international trade and …


Robert J. Samuelson: Twilight of the boomers

Historic birth patterns tell us a lot about where the country has been – and where it might be going.


Robert J. Samuelson: Are we losing the trade war?

We have a system that, through high tariffs, imposes the equivalent of a tax on American citizens to implement a trade policy that favors China.


Robert J. Samuelson: Who’s afraid of robots – and why

An unsettling specter haunts the world economy: a future of ubiquitous robots that destroy millions of jobs. But is that realistic?


Robert J. Samuelson: Can the Fed stay independent?

Donald Trump’s nominees for the Federal Reserve Board are fiercely partisan, which would cast a dark shadow over economic policymaking.


Robert J. Samuelson: What really caused the financial crisis?

The lesson of the financial crisis is that it wasn’t just overzealous regulators or greedy capitalists; the larger role was played by the convergence of many forces that we understand …


Robert J. Samuelson: Let states, localities fix the schools

We should let states and localities see whether they can make schools work better. The grandiose fix-it national plans are mostly exercises in political marketing.


Robert J. Samuelson: Why Moore is less

Stephen Moore is almost uniquely unqualified to serve on the Federal Reserve Board


Robert J. Samuelson: The world is linked to Brexit’s fate

Many of the things that we feared would happen with Brexit have happened, or might still. Worse, the consequences aren’t confined to the United Kingdom.


Robert J. Samuelson: Who brought us this boom?

Just how much praise Donald Trump deserves for the economy’s performance is unclear – remember that in the last two years of the Obama presidency, the economy also generated 200,000 …


Robert J. Samuelson: Economic policies or pipe dreams?

The current Democratic presidential candidates endorse a variety of far-reaching proposals that, if adopted, would represent the largest expansion of government since Lyndon Johnson’s Great Society.


UPDATED: Wed., Feb. 20, 2019, 12:02 p.m.

Robert J. Samuelson: ‘The Affluent Society’ revisited

Written by Harvard economist John Kenneth Galbraith and published in 1958, “The Affluent Society” foretold that private prosperity would lead to a larger public sector. But this has also left …


Robert J. Samuelson: Job creation is job one

Federal Reserve Chairman Jerome (“Jay”) Powell didn’t waste much time getting to the point at last week’s press conference. “My colleagues and I have one overarching goal: to sustain the …


Robert J. Samuelson: Defense spending is less than you think — here’s why

Whenever I or someone else suggests that we need higher defense spending, there is an incredulous response from critics: U.S. military spending equals the outlays of the next eight countries …


Robert J. Samuelson: What Sears and GE’s decline teaches us about capitalism

General Electric and Sears have fallen on hard times, and that tells us a lot about U.S capitalism.


Robert J. Samuelson: The stagnation myth

We aren’t stagnating, after all. Unless you’ve been hibernating in the Himalayas, you must know of the recent surge in economic inequality. It’s not just that the rich are getting …


Robert J. Samuelson: A wasted campaign?

We’ll know soon who won the fiercely contested midterm elections, but we already know who lost: We all did. What’s been missing is any realistic engagement with the difficult issues …


Robert J. Samuelson: The future of anti-Semitism

I had assumed that my three children, now in their late 20s and early 30s, would grow up in a world where their Jewishness, depending on how much they felt …


Robert J. Samuelson: Politics’ tough choices being avoided

The basic purpose of politics is to resolve conflicts, but the choices are being evaded. The political systems of many advanced countries have broken down – or are in the …