Trump’s Asia triumph and the enduring, under appreciated art of constant dealmaking

If you aren’t willing to make adjustments, and you aren’t continually grinding it out, day in and day out, week in and week out, month in and year in, you are unlikely to achieve anything except blather. “We have a deal,” President Donald Trump declared after meeting with his Chinese counterpart, President Xi Jinping in… Continue reading Trump’s Asia triumph and the enduring, under appreciated art of constant dealmaking

Progressives’ delusions are increasingly at odds with voters’ reality

Partisans can and will spin any argument they want, but the question is which ones the people in the middle actually respond to and the Republicans currently lead Democrats on the vast majority of issues.  While it has long been said conservatives and progressives live in two different worlds, the real question is which reality… Continue reading Progressives’ delusions are increasingly at odds with voters’ reality

The Federal Reserve is a fraud that doesn’t seem to know what inflation actually is

Why is Jerome Powell talking about keeping interest rates high in the face of a potentially slowing economy when he’s spent the last three years trying to slow the economy to fight inflation? “We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension,” Federal Reserve Chairman Jerome Powell said… Continue reading The Federal Reserve is a fraud that doesn’t seem to know what inflation actually is

The truth about tariffs, the only tax the establishment doesn’t like

In a country where we tax everything, tariffs have been singled out as uniquely disastrous, but why, when any argument applied to tariffs in particular can be applied to taxes in general?  There will always be a potential upside – more revenue raised and/or a change in behavior – and a downside, namely an increase… Continue reading The truth about tariffs, the only tax the establishment doesn’t like

Trump’s critics are livin’ in the future on tariffs and everything else, imagining calamities that haven’t happened yet and might never

Though it’s traditional that an incoming President has six months if not a full year before the economy can be considered their responsibility, Trump was barely provided a week and even worse, some claim he should be held accountable for what hasn’t happened yet and might never happen. The criticisms of President Donald Trump are… Continue reading Trump’s critics are livin’ in the future on tariffs and everything else, imagining calamities that haven’t happened yet and might never

Everyone knows the economy sucks except Joe Biden

In the face of obvious economic turmoil and a shrinking economy that affects every American, the President has adopted a novel strategy:  Tell everyone the economy is awesome and he’s doing a great job anyway, and then scream about all the supposed lies being told about why he messed it up in the first place. … Continue reading Everyone knows the economy sucks except Joe Biden

Unexpected shrinkage: Welcome to the Biden Recession

The economy officially shrunk in the first quarter despite the steady drumbeat of supposedly positive news from the administration and the mainstream media.  Economists continue to insist the odds of a recession are low, though we may be in the middle of one already.  Some seem to believe the economy is great, but the people… Continue reading Unexpected shrinkage: Welcome to the Biden Recession

Inflation is good, or at least nothing to worry about, so claim the experts

Who knew spiking prices and shortages of everything were a positive development?  We’ve gone from inflation wasn’t going to happen, period, to it’s happening but it’ll be short-lived, to it’s actually a good thing to begin with in less than 10 months.  The spin is strong as the experts try to explain away what’s eating… Continue reading Inflation is good, or at least nothing to worry about, so claim the experts

Biden’s victory lap on the economy is about as convincing as his victory lap on coronavirus

Second quarter GDP numbers miss projections by as much as 30%, but Biden claims he’s getting America back on track.  Meanwhile, back in the real world a challenging job market, epic inflation, and the end of a moratorium on evictions might be taking the bloom off this rose before it’s even picked. Last week, President… Continue reading Biden’s victory lap on the economy is about as convincing as his victory lap on coronavirus

What’s with the awful jobs report?

While liberals and conservatives fight over the causes of the suddenly tight labor market, everyone is missing the real story:  The projections are biased in favor of big government spending and have been for years now, just compare what the experts were saying before and after Biden’s inauguration to see for yourself. There’s no debate: … Continue reading What’s with the awful jobs report?