Fact-based Research?
August 8, 2019
When I was in school, there was zero tolerance for opinion-based research.
You either backed up your work with validated facts from reliable sources, or you didn’t pass the class.
In 1996, under extraordinary pressure from the NRA and other pro-gun rights factions, Congress essentially shut down support for CDC-supported-research into the causes of gun violence.
Why is this important?
The commonly accepted proactive method to solve difficult problems is known as “Root Cause Analysis”. It relies on a rigorous independent methodology to identify the Root Cause of an intractable situation; that is, zeroing in on the primary factor that is the foundational cause of the dilemma.
Removing the Root Cause of a problem prevents the problem from recurring. Removing a causal factor (one that may affect an event’s problematic outcome) certainly can improve an outcome, but it does not prevent its recurrence with certainty.
More than 2 decades after the Congressional ban on gun violence research, the paucity of research leaves some of our elected officials and media pundits to conjecture that ‘violent video games’, ‘mental illness and hatred’, ‘soft targets’ and plenty of other ingredients contribute toward increasing occurrences of domestic gun violence events.
A surprising number of elected officials have recently emerged, seemingly unable or unwilling to consider that access to military-style weapons could be the Root Cause of our gun violence problem.
Instead, we read or hear assertions that…‘racism, bigotry and white supremacy is the trigger. It’s not the gun’.
Research provides fact-based evidence.
There is no research which supports any notions that video games, mental illness or racism play a primary role in domestic gun violence incidents.
Despite the arbitrary Congressional moratorium on public funding toward the causes of gun violence, we have seen some compelling research from small private colleges and universities.
One research paper from an independent private college published in 2015 asserted that, “Men commit over 85% of all homicides, 91% of all same-sex homicides and 97% of all same-sex homicides in which the victim and killer aren’t related to each other.”
Many studies on human brain development have provided a rich array of data which strongly supports the fact that female brain development occurs at a more rapid pace than males of a similar age.
Specifically, the frontal cortex — the area of the brain that controls reasoning and helps us think before we act — develops later in males than in females. The majority of research tells us that females tend to reach maturity toward the end of adolescence; where in males, the frontal cortex is still changing and maturing well into adulthood.
If we know that:
(1) Over 85% of U.S. homicides are committed by males;
(2) Significant scientific research supports the theory that male brain development is delayed to early adulthood;
(3) The vast majority of mass homicides in the U.S. over the past decade have been committed by American males under 30 using a military-style assault weapon with high-capacity magazine(s);
Lacking any specific research, what should we do right now to put a halt to these massacres?
Institute an immediate ban on the production, sale or civilian possession of military-style assault weapons, military-style ammunition and high-capacity magazines in the U.S.
AR-15 (AK-47, and similar weapons) have no place in a civil society, except perhaps for military and limited law enforcement use.
Removing assault weapons from civilian access on a temporary – say 5 year time-frame – will provide a window of opportunity to conduct meaningful contemporary research.
Is there a precedent to this “call to action” at the federal level?
Yes, there is. The Public Safety Recreational Firearms Use Protection Act (1994) prohibited the manufacture, transfer, or possession of “semiautomatic assault weapons” as well as “large capacity ammunition feeding devices” — defined as “any magazine, belt, drum, feed strip, or similar device” which had “the capacity of, or that can be readily restored or converted to accept, more than 10 rounds of ammunition”.
That legislation passed in September 1994 with a sunset provision for the assault weapon ban section. The law expired on September 13, 2004, and nothing has occurred at the federal level over the past 15 years to reign in the proliferation of civilian ownership of assault weapons, military grade ammunition and high capacity magazines.
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As a nation, we have everything to lose – and nothing to gain – by refusing to face the facts we have at hand, and to engage in proper research to help guide our future policy.
Another American Massacre?
August 3, 2019
Today’s massacre in El Paso contains some common elements to dozens of similar occurrences.
Who are these killers?
The statistics tell us that they are most likely to be U.S. born while males, generally under 30 years of age.
A number of studies have shown that the male brain reaches maturity significantly later than females. The key brain region believed to be primarily responsible for reasoning and helping us to ‘think before we act’ is the pre-frontal cortex, which develops later in males, and is generally still changing and maturing well into adulthood.
What sort of weapons do these mass killers prefer?
Military-style assault weapons with high-capacity magazines.
What should we do right now to put a halt to these massacres?
Institute an immediate ban on the production, sale or civilian possession of military-style assault weapons in the U.S.
AR-15 (AK-47 and similar weapons) have no place in a civil society, except perhaps for military and limited law enforcement use.
Is there a precedent to this “call to action” at the federal level?
Yes, there is. The Public Safety Recreational Firearms Use Protection Act (1994) prohibited the manufacture, transfer, or possession of “semiautomatic assault weapons” as well as “large capacity ammunition feeding devices” — defined as “any magazine, belt, drum, feed strip, or similar device” which had “the capacity of, or that can be readily restored or converted to accept, more than 10 rounds of ammunition”.
That legislation passed in September 1994 with a sunset provision for the assault weapon ban section. The law expired on September 13, 2004, and nothing has occurred at the federal level over the past 15 years to reign in the proliferation of civilian ownership of assault weapons, military grade ammunition and high capacity magazines.
I refuse to stand by and wait for someone to go hunting with an AR-15 at the school which my grandchildren attend, at the mall where my family shops, or at the house of worship in my neighborhood.
Please join me: Step up and demand common sense gun regulations from your elected officials.
Now!
An Economic Genius: Part 2
August 1, 2019
A few weeks ago, I shared some thoughts about our current President and his economic credentials.
Donald John Trump was one of 366 student members of the class of 1968 who was awarded a Bachelor of Science degree in Economics from the Wharton School of Finance and Commerce at the University of Pennsylvania.
Other than his bachelor’s degree and some experience working in the family real estate business, there is no evidence that Mr. Trump has pursued additional education, credentials or capabilities in the field of economics.
Trump’s paucity of bona fides in the world of economic theory and practice has not deterred him from taking an active role in testing new economic theories and concepts.
Below, I introduce a new chapter in my observations on Donald Trump’s economic strategy:
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July 31, 2019 (Wednesday): Federal Reserve Chairman Powell reluctantly announced a 25bp cut in the federal funds rate, the first rate cut in over a decade (December 2008). In his announcement, Chairman Powell cited, “implications of global developments for the economic outlook as well as muted inflation pressures”. The Fed also referenced an apparent global economic slowdown; uncertainty around U.S.-China trade negotiations; and ‘stubbornly low inflation’.
August 1, 2019 (Thursday): Donald Trump announced (in a series of tweets) that the U.S. would impose a new 10 percent tariff on certain goods from China beginning on September 1, 2019, following the news that trade talks with the China have failed to make sufficient progress.
These new tariffs will apply to the $300 Billion of Chinese goods which had not before faced a tariff. Another $250 Billion of Chinese goods will continue to be tariffed at a 25 percent rate.
This abrupt and unusual move roiled the equity markets, creating a major sell-off.
Since late 2018, the U.S. economy has been showing signs of slowing — bond markets are flaccid; GDP has slowed; new home sales are generally flat; and business investment is anemic, at best.
Virtually every main-stream economist agrees that Trump’s trade war is contributing to the domestic economic malaise, although it’s too early to determine by how much, and if the damage is permanent.
The Fed rate cut on Wednesday was accompanied by a caveat that one purpose was to help create a barrier to prevent Trump’s trade wars from toppling our domestic economy.
Thursday’s surprise announcement by Trump reveals a new, arbitrary, capricious and unilateral decision by the White House which will result in higher taxes to Americans on imports; and further expand uncertainty for businesses which need significant time to manage their supply chains.
The agricultural sector in the U.S. – farms and ancillary industries, suppliers, manufacturers, etc – are already fighting the unexpected impacts of climate and weather on production. Then, they were handed a potential death sentence by a White House which is guided not by strategy and planning, but by impetuous and arbitrary policy changes driven by Trump’s narcissistic compulsions.
If Trump’s Trade War battle plans were conceived within a coordinated environment (i.e. in concert with the Fed and the Congress) perhaps we would be able to see a pathway toward successful outcomes.
Trump is consistent in his bravado that he – and he alone – has the vision, wisdom and solutions to create equilibrium in the trade accounts between the U.S. and China.
According to a BBC analysis from May 2019, “Trump’s decision to take on China could lead to adverse effects for consumers in the US and in China, but also worldwide. An economic showdown between the world’s biggest economies doesn’t look good for anyone.”
Article I of the US Constitution vests the power to set tariffs in Congress, thus Congress has the power to stop this President from continuing his arbitrary and impetuous trade war. The question remains: Will elected officials in Congress wake up, do their job and use that power, or will they continue to abdicate legislative responsibilities to this President?