America's businesses are getting older and fatter, while many new businesses are dying in infancy.

    A study last month by the Brookings Institution found that the proportion of older firms has grown steadily over several decades, while the survival rate of new companies has fallen. In addition, young people are starting companies at a sharply lower rate than in the past.

    A new report from the National Association of Manufacturers shows a major cause: The cost of obeying government regulations has risen to more than $2 trillion (12.26 trillion yuan) annually, or 12 percent of the GDP, and this cost falls disproportionately on smaller, newer businesses.

    It's risky, difficult and expensive to start a business, and getting more so. Governments are imposing various new rules on a seemingly daily basis: health insurance, minimum wage increases and, most recently in California, compulsory paid sick days for even hourly employees. These regulations shift huge social welfare costs directly onto often-struggling small businesses, while being proportionally much less costly for larger companies.

    This is partly an unintended issue of resources—established companies can cope with new costs more easily—but it's also deliberate. For instance, big insurance companies got a seat at the table to help write Obamacare, but less politically powerful firms—like medical device manufacturers—got squeezed.

    Mature, successful corporations can employ ex-lawmakers with connections, distribute campaign contributions and even write regulations for themselves. They are also more likely to want to protect steady revenue streams than revolutionize their industry.

    Major companies that have been so ill-managed they would otherwise collapse—airlines, car companies and banks—stagger（蹒跚）on because politicians ride to the rescue with bags of taxpayer money.

    The genius of our unique system of government is the determination to protect and defend the rights of the individual over the rights of the nation. As such, the rise of a well-connected oligarchy（寡头政治）that protects big business at the expense of small business, and the established over the new, is opposite to American ideals.

    Income inequality—which is directly caused by faulty government policy—is being promoted as the reason to impose more of that bad policy. But let's be perfectly clear, we do not have a free market but one where government picks winners and losers through regulations and financial aids.

    Politics is, and always has been, about balancing competing interests seeking to benefit themselves, and that's as it should be, but the force of government should never be used to reduce competition, kill innovation or support and extend artificial monopolies（垄断）by harming the consumer, the taxpayer and the economy. Policy must breed our new and small businesses or see the as-yet undreamed of innovations that could be our bright future die in infancy.

    Peng Liyuan, wife of President Xi Jinping, has drawn extensive attention from people both at home and abroad for her charisma and grace. Accompanying her husband on his first overseas trip after becoming president, Peng Liyuan exhibited graceful demeanor, a pleasant personality and well-chosen dress, prompting people to coin the term “Liyuan style”.

Peng Liyuan, as one of China's best-known singers, was popular among Chinese people long before her husband became the president. Loved by her fans, she has been in touch with the people for years.

    “Liyuan style” is not only representative of a fashion idol, but also overpass cultural and diplomatic barriers. The beautiful handbags Peng has carried, and the plain but elegant and delicate dresses she has worn have become popular. Her choice of clothing, made-in-China instead of luxurious foreign brands, shows her belief in domestic dress designs.

But “Liyuan style” is not only about clothing and a woman's paraphernalia. It is also about diplomacy and promoting China's soft power. In Moscow, Peng visited a boarding school for orphans and children estranged (疏远) from their parents, encouraging them to strive for a better life, which brought out the maternal side of her character. In Tanzania, she donated sewing machines and school bags to women and children. And as a World Health Organization ambassador in the fight against AIDS, Peng is devoted to many public causes, including those relating to charity and healthcare.

    Some observers have already started saying that Peng's activities have become part of public diplomacy in China.

Also, “Liyuan style” has boosted the confidence of the Chinese people. Modem but not flashy, elegant but not arrogant, Peng has all the virtues of a Chinese woman and carries them to the international stage.

Since the 18th Party Congress and the annual sessions of the NPC and CPPCC, the country's new leadership has vowed to adopt a down-to-earth work style to connect with the people. Peng's plain but elegant style shows that thriftiness and an earthy style need not be drab and boring.

    So it can be said that Peng's first appearance on the international stage has kicked off well.

    Because of the financial crisis in the US and UK, college students are beginning to struggle to find ways to pay their tuition fees and accommodations.

    Recently, two major US student loan (贷款) lenders, Citibank and JPMorgan Chase, announced they were leaving the student loan industry altogether. Because banks currently have a lack of credit, they are reluctant to offer students low-interest loans that need a several-year wait for any return of interest.

    In the US, many undergraduates fill up their financial needs with a private loan, although the majority can get government-funded loans. In the 2015-2016 academic year, $ 17 billion in private student loans was used to finance higher education. The lack of private funding has yet to be covered and will hit many US students hard.

    Across the Atlantic, UK students have been less troubled by the crisis. Most undergraduates in the UK cover their university expenses with government-funded loans and grants. Their biggest concern is a sudden increase in student rent.

    Most young professionals now rent houses, since 80 percent of UK mortgage schemes (按揭计划) have disappeared—a direct result of the credit crisis. This has boosted the house rent market.

    In large cities, UK students are paying almost 6.5 percent more in rent than the previous year. Figures from the UK organization Accommodation for Student show students in big cities such as London paying an average weekly rent of $ 203.

    Yet, despite students' suffering, the number of this year's university applications is expected to grow. During economic slumps, people regard further education as a way to survive tough job market.

    Should you work out in the gym in the morning instead of in the evening? It all depends. Of course, there are advantages of working out(运动) in the morning.

    You will increase your energy for the rest of the day. “Morning workouts result in better energy levels throughout the day and give you more mental sharpness,” says Dr. Cedrie Byrant, Chief Science Officer of the American Council on Exercise.

    Here is another advantage. In 2017, health researchers found that exercising in the morning helps you sleep better at night. According to the study, in all cases, those who exercised at 7:00am experienced about a 10 percent drop in blood pressure that carried through the rest of the day. They also had about a 25 percent drop in blood pressure at night, slept longer and had more beneficial sleep cycles than when they exercised at other times of the day.

    However, there are disadvantages, too.

    If you are not an early riser, getting out of the bed in the morning can be very difficult. Byran says that if you're not used to exercising in the morning and force yourself to get up, you may not put as much effort into the exercise as you would later in the day. Also, if you aren't careful, you can damage your sleep schedule, which can lead to insufficient sleep.

    Besides, hitting the gym before work can cause a challenge in terms of scheduling. If you work a 9-to-5 job, getting ready for work and going to work can cut your morning workout short, Byrant notes.

    To sum up, it has both advantages and disadvantages. If it suits you better to work out in the morning, you can do so.

    I went up to Peet's Coffee the other morning and there was a young man, Mike, probably my age. With him he had all his physical belongings on a small roll cart. I first thought, how nice to have so few possessions. That was followed with the thought of how ironic (讽刺的) it is that we live in one of the financially wealthiest areas of the U.S., if not the world, yet we can't, or don't, take care of the basic needs of human beings. Yes, we are financially wealthy, but we lack in wealth of compassion (同情), kindness, and understanding. I tear up as I ponder the inequality and injustice that exists.

    Anyway, I invited Mike in for a bite to eat and he eagerly accepted. He talked about looking up a friend for a place to stay that night. On Christmas Eve as many eagerly and greedily stuff their bellies with food in nice, warm homes and then open presents, Mike just wanted a place to spend the evening.

    Then I was really blown away. As he waited for his sandwich, Mike began cleaning up the condiment (佐料) area. He took some paper and wiped up the spills of others and rearranged the milks and other condiments, making everything neat and orderly. Here is a person with very little and he's serving others in a way that's just natural to him.

    I spoke with Mike about this afterward, thanking him. He said he always did that sort of thing—straightening up. To him, it was just common politeness. I just asked him for a hug and we parted to go our separate ways. There is a lot for us...me... to learn in the most unlikely place.

    I was getting ready to go to bed when the phone rang. This could not be good. My mind raced through the list of family members who might need help, but the voice was hardly familiar.

    "Lindy, this is Lesley." I didn't know Lesley well. We did occasionally speak with each other, but to say we were friends was not appropriate. I asked what she needed. Perhaps something really awful caused her to reach someone she barely knew. Instead, she asked me, "Do you have room for a turkey? In your freezer?" We had lots of room in our freezer, and in fact, too much. Sure." I responded, "Did your freezer break down?" "Not exactly," Lesley replied, "but I will explain when I arrive."

    Minutes later came a huge freezer truck, Lesley stepped down and explained the lease(租约) of the grocery store her husband serviced had run out and that they had to empty all the freezers that very night. Thinking it was a shame to throw away all this good food, they decided to drop off food to anyone she could think of. Noticing our freezer was pretty empty, Lesley asked to fill it up. Our home was their last stop and anything left would have to be put in our freezer. An hour later, everything finished, I asked her, "When will you come back for all this T' Lesley laughed, "We don't want it back. It is yours! Thanks for helping us out!" Then they waved goodbye and drove away.

    "For helping them out?" We opened our freezer door. Inside were all expensive foods we never bought but often longed to try. We were struggling to buy groceries, yet it was not something we shared with anyone. However, our needs were met in an unexpected way, by that call, "Do you have room for a turkey?"