Tag Archives: Donald Trump

Sweden’s embrace of refugees isn’t working and the US should learn from their mistakes

 

Excellent article for anyone that is interested in the challenges of integrating a disenfranchised people into a culture and economy that they are not familiar with and are not prepared for.

Please read the article in the Source below but here are a few highlights:

The effects are palpable, starting with national security. An estimated 300 Swedish citizens with immigrant backgrounds have traveled to the Middle East to fight for Islamic State. Many are now returning to Sweden and are being welcomed back with open arms by our socialist government. In December 2010 we had our first suicide attack on Swedish soil, when an Islamic terrorist tried to blow up hundreds of civilians in central Stockholm while they were shopping for Christmas presents. Thankfully the bomber killed only himself.

Foreign Countries Freeload on U.S. Drug Research and Drive Up Costs for American Consumers

Because foreign countries can import new U.S. drugs and price them however they see fit, many have largely checked out of the innovation business themselves. The U.S. produced 57% of the world’s new medicines between 2001 and 2010, up from less than a third in the 1970s, the Milken Institute reported in 2011.

The bottom line is that foreign countries freeload off American medical innovation, enjoying the fruits of U.S. ingenuity while forcing American consumers to shoulder a disproportionate share of the burden of funding research – effectively causing the American consumer to subsidize the pharmaceutical needs of foreign consumers.

President Trump says American companies have been getting “systematically ripped off” by foreign governments and firms. He’s right. Yet he has backed a proposal that would make the problem even worse—permitting Americans to buy prescription drugs from overseas retailers, a practice known as importation. This policy wouldn’t help American consumers much, but it would gut American pharmaceutical companies.

The Costs of Mass Deportation

One of the more foolish statements of Mr. Cruz and Mr. Trump (the two least qualified candidates in the race) is their love of saying that they would deport anyone here illegally. I am sorry but I simply do not want to pay that much in taxes to do that and if their supporters could actually use a calculator, they wouldn’t want it either.

My gut is that Mr. Cruz and Mr. Trump would both renege on this campaign promise. Mr. Trump calls Mr. Cruz “Lying Ted” in this regard, Mr. Trump is correct but the bad news is that Lying Ted should call the Republican nomination current leader, Lying Donald. Thank goodness Mr. Kasich understands how to do math and has a reasonable agenda.

Was Carly Fiorina a failed CEO?

 

Criticisms that Carly Fiorina is the worst technology CEO of all time fall extremely short of reality.

Many will read this article and believe that I will support Carly Fiorina in the election for the President of the United States of America. I honestly do not know if that is where I will cast my vote. I live in Ohio and at the time of this writing, I have several months to decide whom to vote for in the Republican primaries. I then have several more months to decide to vote for Ms. Fiorina in the general election should she win the Republican nomination.

What I do know is that criticisms that she is the worst technology CEO of all time fall extremely short of reality. Was she the best CEO? Absolutely not. But accusations that Ms. Fiorina was terrible simply do not hold water for any reasonable analysis of the market HP was in, the state of HP at the time, and the board that she worked with at the time.