Tag: tariffs

Reminder: The Constitution doesn’t actually mention tariffs and the Supreme Court ruled in 1928 that the power can be delegated to the President

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Rather than looking at the Constitution, the history, the law, and the facts, many automatically assume President Trump will not prevail at the Supreme Court or anything else, but what else is new? Last week, Supreme Court pundits and watchers were convinced the Justices were set to overturn President Trump’s global tariff policy because several… Continue reading Reminder: The Constitution doesn’t actually mention tariffs and the Supreme Court ruled in 1928 that the power can be delegated to the President

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

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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

Trump and some hard truths about the piss poor jobs report

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Though the President himself warned there would be short term disruption, it doesn’t matter who or what is to blame.  It could be tariffs, it could be Trump, it could be that the job fairy is taking a vacation, or a mass delusion that the economy is worse than it is, numbers like this can’t… Continue reading Trump and some hard truths about the piss poor jobs report

Reminder: Democrats should love tariffs because they have wanted to raise taxes for years

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While we might forgive politicians for a little politicking, it’s more than a little ironic for Democrats to abandon a core tenet of their philosophy and pretend higher taxes haven’t been a long term goal. On December 1, 2010, Alan Simpson and Erskine Bowles concluded President Barack Obama’s National Commission on Fiscal Responsibility and Reform… Continue reading Reminder: Democrats should love tariffs because they have wanted to raise taxes for years

Trump, tariffs, and my conservative principles

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As President Trump proceeds with his tariff policy and an appeals court prepares a ruling on whether that policy is lawful in the first place, some are claiming that tariffs fundamentally violate various conservative economic and Constitutional principles. As President Donald Trump proceeds with phase two of his tariff policy and an appeals court prepares… Continue reading Trump, tariffs, and my conservative principles

Congress, the Courts, and the if you choose not to decide principle

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Contrary to the Court’s seeming belief, the legislature isn’t a powerless body getting beaten bloody by the Executive and in need of a life-saving intervention.   If Congress objected to the President’s use of the tariff power, they don’t need to rely on the Courts to enforce their will.  They could simply curtail it, revoke… Continue reading Congress, the Courts, and the if you choose not to decide principle

It does not convert: A few reminisces and observations on my recent trip to India, part one

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A cow in Chennai

A negotiation over the price of sea shells reveals that value is in the eye of the beholder and as a colleague brilliantly put it when comparing the US to India in general:  It doesn’t convert and we can be both different and the same. “Be honest. How bad does it smell there?”  The question… Continue reading It does not convert: A few reminisces and observations on my recent trip to India, part one

The trade war that didn’t happen has delayed the apocalypse

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A trade deal with China, a lower than expected inflation number, and a higher than expected jobs report suggest the experts were wrong once again. As even The New York Times put it recently, “Recession Warnings Are Everywhere, Except in the Data.” Earlier this year, I opined that President Donald Trump’s critics were living in… Continue reading The trade war that didn’t happen has delayed the apocalypse

Why Democrats and progressives can’t be taken seriously under any circumstances

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The great majority of what Democrats claim today, the issues they suddenly consider of the utmost importance, were either ignored or outright lied about throughout recent history beginning with the mental capabilities of President Biden himself, what we might consider the original sin from which all loss of credibility flows.  While the opposition party opposes… Continue reading Why Democrats and progressives can’t be taken seriously under any circumstances

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

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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