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Michael Tchong

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Economy

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Is America Becoming Chicken Little?

06/02/2013

If you’re wondering about my previous post, which put the vast amount of cash being hoarded by U.S. corporations at $1.5 trillion, here’s more food for thought. The Wall Street Journal reports: Americans have long taken pride in their willingness to bet it all on a dream. But that risk-taking spirit appears to be fading. […]

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A Greek Tragedy

05/31/2012

A Greek tragedy is unfolding in Europe. There is no question that Greece is largely to blame for its own recklessness. But Greece could also be a preview of things to come in America, unless this nation can get its act together. The country that gave us the Parthenon now owes $279 billion in new […]

Middle Class Squeeze

04/21/2012

When one mentions the middle class it immediately conjures up visions of Father Knows Best, The Brady Bunch or maybe even Everybody Loves Raymond. It’s one of manicured lanes, two-door garages and eat-in kitchens that carry the glamorous moniker of “Hollywood kitchens.” But the world of I Love Lucy is no more. As Edward Luce […]

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Reinventing America

01/23/2009

America faces serious challenges to maintain its storied status quo. Hurdles include a sinking economy, wars in Iraq and Afghanistan, the rising cost of education, global warming, a crumbling infrastructure and American workers with uncertain futures. Trendwatchers are more acutely aware of these issues than most, but they’re also more hopeful. They recognize that these […]