Jeffrey Scharf
- Indexed articles, last 90 days
- 6
- Latest publication
- Sep 17, 2026
- Outlet visibility, for Santa Cruz Sentinel
- Top 1M sites
- Earliest in this view
- Jul 9, 2026
Latest articles
Trump’s outlandish claims continue | Jeffrey Scharf, Everybody’s Business (opens the original)
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Like artificial intelligence gone rogue, Trump administration economic claims and forecasts grow ever more outlandish. Witness President Trump’s declaration that prescription drug prices were reduced by “400, 500 and even 600 percent at the trump.gov.” Or his assertion that “We could have a GDP (growth) of 14, 15, 16 and 20” percent. Never mind the reality that prices cannot be reduced by more than 100%. Or that quarterly economic growth has run above 14% exactly twice in recent memory — once af
‘The only winning move is not to play’ | Jeffrey Scharf, Everybody’s Business (opens the original)
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The Trump tariffs — particularly at the levels proposed on “Liberation Day” — threatened to take us back to the bad old days of the Smoot-Hawley Tariff Act of 1930 and the Great Depression that followed. Smoot-Hawley raised the tariff on dutiable goods from 40% to a peak of 59% and the tariff on all imports from 13% to 20%. Subsequently, United States imports fell 41% between 1929 and 1932. This did not create American jobs because foreign countries did not take Smoot-Hawley lying down. Canada r
AI stock market bubble mirrors historic crashes | Jeffrey Scharf, Everybody’s Business (opens the original)
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Does the current stock market frenzy related to artificial intelligence resemble: c. The U.S. railroad build-out and bust of 1880-1893. The dot-com bubble was driven by the rapid development of the internet. Darlings of the day included AOL, Yahoo and Cisco Systems. Dot-com stocks were characterized by extreme valuations and spectacular returns. New issues, which would soon crash and burn, included Infospace, Global Crossing, Webvan and Pets.com. Circular financing was a feature. Lucent, for one
Do congressional candidates know how Medicare actually works? | Jeffrey Scharf, Everybody’s Business (opens the original)
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As the 2026 congressional campaign season gets into full swing, a common mantra among Democratic candidates is “Medicare for all.” Do any of these candidates know how Medicare actually works? For starters, Medicare is not free. Medicare Part B premiums cost $203 per month and cover doctor visits and inpatient services. Monthly premiums are higher for singles with incomes above $109,000 and couples above $218,000 with surcharges topping out at $487 per month. Medicare Part A covering hospital sta
A formula for disaster | Jeffrey Scharf, Everybody’s Business (opens the original)
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Fool me once, shame on you. Fool me twice, shame on me. In its haste to honor the wishes of the late Sen. Lindsey Graham, a bipartisan group of senators is coalescing in support of a bill originally introduced as the Sanctioning Russia Act of 2025. As reported by CNN, the current version would impose mandatory sanctions on Russian leadership, including President Vladimir Putin, as well as oligarchs, state-owned enterprises, and foreign companies that support Russia’s defense industrial base. It
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