Envelope / Develope

Photo by Jon Tyson on Unsplash I don't know what is worse: the whole pandemic provoked by the corona virus or the consequence of shutting down businesses due to the risk of contaminating their customers? There are industries where people are clustered together, where you have to be close to your client: airlines hospitality (Disney, cruises) entertaining industry restaurants, fast food establishments, wineries, breweries anything related to well being and not health care As I outlined in a different post, year 2020 is essential for US presidential elections. Mr. Trump understands the whole economic factor is so important to get elected a second term. With the forced close down of the major economic sectors (car manufacturing, industrial manufacturing, airlines, entertaining), the crisis in the health sector being overwhelmed by the peak of people admitted in ICU, banks hit by a slowed down economy, there is a perfect storm to bring his chances very down. There...

The US politics is full of empty slogans and misinformation. I was reading about claims by Barack Obama and Trump vis-a-vis the state of the economy, whose policies left it in a better shape. Photo by Jose Moreno on Unsplash It would make an interesting analysis with proper tools to recognize the real environment inherited by both presidents, the influence of the monetary policies during their period but most importantly their direct role in shaping the US economy. Unfortunately, in US media at least, nobody is talking about the real influences in the economy, the forces at play, with a lot of money power, that want to drive the economy in a "clear direction". We can talk about the beneficiaries of the government spending - like US defense and US health care - to industries sponsored through subsidies or punished because of well/not that well known public issue concerns - soft drinks, fast food, tobacco, chemical compounds. One of the puzzling policies, for m...