Enjoying the view from Limbo
The idea that American manufacturing workers, the U.S. economy, or American citizens in general, stand to benefit from tariffs on imports from America’s major trading partners is so inherently ridiculous that apart from a few Russian trolls copy-and-paste internet commenters, no one but corporate schemers hoping for a short term bonanza on American steel investments is supporting Trump’s madness at face value. There...
U.S. Commerce Secretary Wilbur Ross is a billionaire who made his fortune investing in failing American steel and manufacturing companies and then selling them at a profit. He naturally favors using federal trade policy to give an artificial short-term boost to American steel and manufacturing. After all, while tariffs will ultimately devastate the U.S. economy, workers, and middle class, he gets richer. This...
Donald Trump is predictably retreating somewhat on his tariffs proposal, under strong disapproval from much of his fan base. He is not a leader, but a reality TV star, so no one should expect anything else from him — this is all a ratings game for him. The driving concern in all things is “How do I maintain my position as Number One...
Over the past week, Donald Trump has: recommended ignoring the due process rights of American citizens deemed (by someone) to be “a potential danger to themselves or others,” in favor of confiscating the person’s firearms and “any weapons”; boasted of being able to ban a certain kind of gun accessory (bump stocks) on his own, without having to go through Congress; accused Republican...
Donald Trump is inviting his drunken cultists to join him in partying like it’s 1934. FDR, the Uniparty progressives’ favorite president — Newt Gingrich thinks him the greatest of the twentieth century — was a nation-changing catastrophe of economic destruction, judicial corruption, and Constitution abandonment the likes of which America had never seen. FDR wrote the book on democratic tyranny. Unfortunately, Donnie can’t...
Donald Trump, fresh off saving America from affordable Korean washing machines, signing onto tax cuts with massive spending increases, promising the biggest infrastructure spending initiative in American history, negotiating the Republican Party into being the world’s most aggressive voice for citizenship for illegal aliens, and “killing” ObamaCare by saving it, is back to threatening tariffs, this time to “save” steel workers. By saving...
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