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 […]
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 – […]
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 […]
How does a 100% tariff only increase the real price of a pair of prescription $600 eyeglass by only $15?
What does President Donald Trump’s tariffs on $50 billion worth of imports from China actually mean, and how will this affect you? The ministers of mainstream media have received their talking points from the same lobbyists who control Congress, and they are using scare tactics on the public. “A 25% tariff on a product will raise the cost of needed goods by a third, hurting the American consumer,” one son […]
During the Vietnam War, my part-time job was correspondent for the United States Information Agency (USIA), and one assignment portended today’s global power alignment. The assignment was to interview ten ministers from various African nations to gain their impressions of a trip they were concluding in the United States. The article would be translated for their nation’s newspapers after review by Washington officials. My recollection was a 500-word report to […]
Trump card is the minimum wage. My bet: he just lost any chance of winning the Republican Presidential nomination
In the Middle Ages an average duke or earl’s property was about 38,000 acres, and the “little people” grew the food and paid taxes to these aristocrats of yore, and the humble were called serfs and lived like dogs to support the castles for the very few. The present crony capitalism is different. Our aristocrats elect public officials, set prices by corporations, and there are no serfs, just the “working […]