The Social Security tax rate is scheduled to revert to 6.2 percent next year, up from the temporary reduction — to 4.2 percent on an employee's first $110,000 in wages — which has been in effect since January 2011.
Russia has been facing troubling demographics ever since the Soviet breakup two decades ago. The population has contracted by several million people over this period. The birth rate is low. Life expectancy for men is still less than 65 years.
And there is also a sense that many educated, talented people are leaving the country.
To take one example, the world of science lit up in July, when a billionaire Internet investor named Yuri Milner announced nine prizes for some of the world's most innovative thinkers in physics.
Well, the Southeastern Conference season has begun. I have it on good authority that other college football teams around the country will also be playing games this fall.
I don't know when exactly the SEC took over America. I know this is hard to believe, but the epicenter of college football used to be in the Midwest. I'm so old, I can remember when Notre Dame actually mattered, and the real tough players were supposed to come from Western Pennsylvania and Ohio.