While the public is focused on tariffs and pundits are bemoaning the dangers of a “trade war,” our foreign competitors have the last laugh every day, watching our factories close and our colleges over-qualify future pizza delivery peons. It doesn’t have to be that way. In fact, it’s easy to see a solution. Here is one unfair trade example. Germany and the European Union charge a 10% tariff on cars […]
Archive for January 2019
The new United States-Mexico-Canada Agreement (USMCA) was signed November, last year, by the President with warm enthusiasm from Congress. The promise was a no-tariff zone, free trade, American prosperity, all good for big business and consumers. Unfortunately, our Negotiator-in-Chief was trumped by Mexico. This House of Cards trade deal will create even larger deficits ($566 billion in 2017), and enhance China’s position as the world’s biggest exporter of goods – […]
Military wants $124 billion ($300 million each) to buy planes to equal China’s J-20 ($40 million each); elites want to cut Social Security to pay for this!
Our Pentagon is at it again – spending more money and getting far less value than cost-conscious China. And to pay for the current $916 billion annual maybe-war-to-come budget, the elite politicians want to cut your Social Security benefits. Articles are already floating the idea in the Washington Post by scoundrels like Russian-born Max Boot (not “Das Boot“). Social Security for American retirees is $700.3 billion a year: $644.2 billion […]
Medicaid rules changed when President Barack Obama pushed through the Affordable Car Act (ACA) and he ensured that the very rich could join low-cost Medicaid, while the working class had to pay high medical expenses, either at work with private insurance or retired under Medicare. While I’m sure Jeff Bezos would never stoop his mightiness to rub elbows with regular folks on Medicaid, it is amazing that he could so […]
How unfair trade has ruined economy! Television’s historic moments include: America’s landing on the moon, the assassination of President John F. Kennedy, the tearing down of the Berlin Wall and for some, various Super Bowl touchdowns, and for others, multi-millionaires accepting honors from the Academy of Motion Picture Arts and Sciences (AMPAS). An interview in 1994 of Sir James Goldsmith by recently humiliated PBS legend Charlie Rose is never on […]