Admitted, this is very rough ballpark with a little help from our AI friends, but let’s assume Mr. Trump does an amazing deal with all countries and gets all imports now taxed at 10%, which he says is the minimum tariff rate. Given we imported about $4T in 2024, let’s assume we’ll now get $400B. […]

After the first 100 days of the Trump Administration, numerous reviews highlighted both the good and the bad. Most of the good focused on the complete stoppage of the porous border that Mr. Biden created. Most of the harshest hit at his misguided trade war, with some (rightly so!) focusing on his abominable siding with […]

So that means we need to actively be developing more young people to think entrepreneurially. So this post is a shameless plug for Cedarville University’s Entrepreneurship Camp on 3-6 June. If you know of a high school student that might benefit from an intensive entrepreneurial boot camp type environment, please share this info with them. […]

In a previous post I suggested Mr. Trump’s retreat on his tariff proposals (the 90 day pause) made the score Adam Smith 2, and Donald Trump 0. Bereans know that we have repeatedly condemned Mr. Trump’s rhetoric on trade as completely wrong, and to the extent he actually tried to do it, he would Make […]

Bruce Springsteen’s depressing lyrics to one of his best songs (My Hometown) seems to capture the mood of the declinist right portion of the MAGA movement: Now Main Street’s whitewashed windows, And vacant storesSeems like there ain’t nobody, Wants to come down here no moreThey’re closing down the textile millAcross the railroad tracks, Foreman says, […]

This morning over at National Review they made a comment that trade deals take years and we shouldn’t even want one sooner, but I disagree. The reason NAFTA took years is to negotiate carve outs–and free trade doesn’t need carve outs. Instead of 1500 pages, it could have likely been done in a couple of […]

I’m willing to accept for the sake of argument that in the internal battle within the Trump Administration over whether the tariffs are tools to 1) negotiate free trade or are 2) non-negotiable to force manufacturers back to the U.S. that Mr. Trump wants free trade and believes that his tariffs will both get us […]

Let’s apply one to each party. For the Republicans, I hear quite a few of those supporting the Administration’s trade war make the case that because Donald Trump has been talking about this for forty years, that this makes it good policy. Effectively he’s been the only one to stand up to the establishment for […]