New York Times (June 17)
“In many ways, the economic recovery from the coronavirus has defied the worst-case scenarios. Jobs, spending and markets have bounced back more quickly than expected, although they largely remain below pre-pandemic levels. This is mostly thanks to unprecedented government intervention, but many of those stimulus programs are set to expire soon. Then what?”
Tags: Coronavirus, Economic recovery, Intervention, Jobs, Markets, Pandemic, Scenarios, Spending, Stimulus, Worst-case
Washington Post (January 8)
“Money for war, but not for the poor.” Arguments over Mideast intervention overshadow “our failure to invest in or prioritize the safety and health of 327 million people living in the United States.” This “is also a threat to our safety and well-being.” In the U.S., 15% of children live in poverty, an opioid epidemic rages, suicide presents a massive threat, and life spans are actually declining.
Tags: Arguments, Children, Epidemic, Failure, Health, Intervention, Invest, Life spans, Mideast, Money, Opioid, Poor, Poverty, Safety, Suicide, Threat, U.S., War
LA Times (July 11)
Worried about an explosion of diabetes, California is investing $5 million in prevention efforts. The cause for alarm is a recent study which found that “46% of adults in California have prediabetes” while 9% of Californians are already diabetic. “Implementing the program should save $45 million a year because of those who end up not developing diabetes — and requiring less medical treatment — as a result of the intervention.”
Tags: Alarm, California, Diabetes, Intervention, Invest, Medical treatment, Prediabetes, Prevention, Savings
Institutional Investor (August 12)
“Disappointing sentiment data and continued conflict in eastern Ukraine” are leading to investor apprehension. “Slowing production levels and low inflation appear to leave the door open for European Central Bank intervention but political support for action from European Union leaders is still far from consensus. With a strong correlation between primary global equity indexes that has been noted by multiple strategists in recent sessions, deteriorating investor confidence in Europe is likely to cast a shadow over U.S. equity markets in the near term.”
Tags: Confidence, Conflict, Consensus, Disappointing, ECB, Equities, EU, Inflation, Intervention, Investors, Production, Sentiment, U.S., Ukraine
Washington Post (January 17, 2014)
“Over the past few months, the Middle East has become an even more violent place than usual. Iraq is now once again home to one of the most bloody civil wars in the world, after Syria of course, which is the worst.” There is no quick fix that outsiders can provide. “In fact, the last thing the region needs is more U.S. intervention.” The Middle East’s deep-rooted tension is part of “a sectarian struggle, like those between Catholics and Protestants in Europe in the age of the Reformation. These tensions are rooted in history and politics and will not easily go away.”
Tags: Catholics, Civil war, Europe, History, Intervention, Iraq, Middle East, Politics, Protestants, Reformation, Struggle, Syria, Tensions, U.S., Violence
Financial Times (August 27)
There is a “moral case for intervention in Syria.” Bashar al-Assad’s “battle to hold on to power at any cost–including the lives of some 100,000 Syrians–is founded on the assumption the international community is too divided to act with conviction. He has exploited the divisions to take the war on his own people to terrifying extremes…. But this is a gamble he cannot be allowed to win.”
Tags: Bashar al-Assad, Conviction, Divided, International community, Intervention, Moral, Power, Syria, War
Wall Street Journal (June 29)
“The real lesson of recent days concerns the Fed’s ability to exit from its extraordinary interventions. The mere hint that the Fed might eventually taper its bond purchases sent markets into anxious gyrations…. Imagine the uproar when the Fed finally decides to act, as it eventually must.”
