American Consequences - December 2020

INSIDE THIS ISSUE

H appy Holidays, readers! From everyone here at American magazine is packed with the riveting political and financial stories you need to read... with some humor sprinkled throughout of course. In this month’s Letter From the Editor, P.J. O’Rourke looks into the light at the end of the COVID-19 tunnel and writes about life after the virus, good and bad. And this year was so upside-down, we decided the usual holiday songs just wouldn’t do... So P.J. cleverly rewrote some of the classics to capture all of 2020’s charm. It wouldn’t be a proper December issue Consequences , we hope you have a safe, joyful holiday. Our December without some mention of the big guy in a red suit... Best-selling author Patrick Wensink investigates has COVID has killed the mall Santa? (Hint: Santa is apparently quite innovative.) Executive Editor Trish Regan has Georgia on her mind... The stakes couldn’t be higher for this state and its elections next month. With the prospect of a long, cold, and possibly locked-down winter, the American Consequences staff and writers offer some book, TV, and family game recommendations on how to pass the time.

Distinguished economist Richard Vedder tackles the tough topic of student-loan debt and makes his case on why forgiving these loans is a terrible idea... Speaking of debt, how about this country’s staggering trillions of dollars owed? Brian Darling , former counsel and Sr. communications director for Sen. Rand Paul, explains that this exploding debt is actually the No. 1 threat to America’s security. And yet, even with all our debt and the global pandemic affecting everything, somehow the stock market keeps going up... Robert Shiller , Laurence Black , and Farouk Jivraj from Project Syndicate help us make sense of sky-high stock prices. Globe-trotting journalist Kim Iskyan says fears of socialism taking over America are unfounded (and he’s had firsthand experience with actual Soviet-style socialism). And in an unusually optimistic Final Word from Buck Sexton , he says goodbye to 2020 and holds hope that next year will be brighter and better for everyone. Regards, Laura Greaver Managing Editor, American Consequences

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December 2020

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