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Not a vote-getter!

 
Robert Samuelson

By Robert Samuelson   Just for the record, we ought to note that trustees for Social Security and Medicare recently released their annual reports. The two programs alone constituted 45 percent of the non-interest federal budget in 2018, a share that the trustees say is being driven up by the continuing retirement of baby boomers and…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: op-ed

Porch talk

 
Kathleen Parker

By Kathleen Parker   CAMDEN, S.C. — With the arrival of spring and the advance of summer, American life shifts toward the porch — at least for those lucky enough to have a sheltered outdoor space, preferably attached to the front or back of one’s home. That all people seem to love a porch and…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: op-ed

Can the Fed stay independent?

 
Robert Samuelson

By Robert Samuelson   It’s unclear whether one or both, or neither, of President Trump’s selections for the Federal Reserve Board — Stephen Moore and Herman Cain — will win Senate confirmation. What is clear is that this is a teachable moment concerning the Fed’s vaunted “independence.” If you think it means that the Fed can…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: op-ed

It is finished

 
Kathleen Parker

By Kathleen Parker   Good Friday provided the language for a week that began with the terrible fire at Notre Dame Cathedral and ended with the long-awaited Mueller report: Jesus’ final words before perishing on the cross: “It is finished!” The fires have been extinguished and the great cathedral’s two towers still stand. After nearly…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: op-ed

How long until we’re all happy?

 
Robert Samuelson

By Robert Samuelson   To: David Brooks Columnist, The New York Times Dear David, We have met a few times over the years while covering the same events. I’m a big fan. You write beautifully and, more often than not, have insights about our politics, lifestyles and beliefs that others have missed. But as time passes,…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: op-ed

Notre Dame and tankers of water

 
Kathleen Parker

By Kathleen Parker    At least he recognized the urgency. As the world gasped in horror at the sight of Paris’ Notre Dame Cathedral burning in a cataclysmic moment, the president of the United States imparted these words of wisdom: “Perhaps flying water tankers could be used to put it out. Must act quickly!” Well,…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: op-ed

What really caused the financial crisis?

 
Robert Samuelson

By Robert Samuelson   It is astonishing that, even though the global financial crisis occurred a decade ago, we do not yet have a clear and convincing explanation of its basic cause. To be sure, theories abound. Liberals blame Wall Street greed and lax government oversight. The conservatives’ villain is the government’s aggressive promotion of homeownership,…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: op-ed

The Julian Assange problem

 
Kathleen Parker

By Kathleen Parker   They say that guests are like fish; after three days they become a bit whiffy. By this measure, WikiLeaks founder Julian Assange smelled like an overladen fishing vessel adrift in the searing sun. Upon his arrest Thursday by British authorities, ending his nearly seven-year asylum in the Ecuadorian Embassy in London,…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: op-ed

What killed inflation?

 

By Robert Samuelson   The Phillips Curve is dead; long live the Phillips Curve. One of today’s economic mysteries is: Why is inflation so low? The unemployment rate is a puny 3.8%. The recovery from the 2007-09 Great Recession is nearly a decade old, just when tight labor markets and strong demand usually push up wages…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: op-ed

Whither the philosopher-president?

 
Kathleen Parker

By Kathleen Parker   In his most famous dialogue, “The Republic,” Plato, via Socrates, explored the idea that a just state would best function under the leadership of a perfectly just philosopher-king. That is, an intellectually curious person who pursues knowledge, is intelligent, reliable and wise, and embraces the simple life. To test the hypothesis,…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: op-ed