Mr. Trump extended his economic mischief this past week by opining that the Federal Reserve should slow down the rate hikes, as these hikes are leading to a stronger dollar (true) and hurting the U.S. (false). Now Mr. Trump is just doing what politicians of all stripes (especially politicians that follow Keynesian economics) have often […]
Archives
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Mr. Trump’s Monetary Machinations
23 Jul 2018
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Whirlpool’s cronyism backfires on them
16 Jul 2018
Whirlpool helped start the cronyism trade policies of the Trump Administration with their cries of unfair practices by their toughest competitors, including Samsung. In the WSJ today (gated), we see that it hasn’t perhaps worked out the way that Whirlpool intended. When they initially had tariffs enacted on washing machines, Marc Bitzer, the chief executive […]
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Mr. Trump is apparently going to get his trade war, and I predict a colossal failure. But this is one war I’ll be glad for the U.S. to lose. Just as there is really no victor in war (in the sense that the lives that were lost are forever gone), so too will whatever trade […]
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Could Russell Moore be wrong? Maybe we don’t need less Christian engagement in Politics, maybe we need more?
25 Apr 2018
I love Russell Moore; I greatly enjoy his teaching and respect much of what I hear from him. Yet while a foolish person may be occasionally right, so too can a wise person be occasionally wrong. In an article over at 9Marks, Dr. Moore suggests that politics has consumed the Christian church. I read into […]
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Federal Jobs For All! Yes, that’s what we need!
24 Apr 2018
So says Bernie Sanders, or at least that is a bill he is trying to put together. As reported over at The Hill, Sanders’ program would provide everyone at least $15/hr, in either work or training. They would also receive health care. Darrick Hamilton, an economist at The New School, told the Washington Post, “The […]
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Trump v China
09 Apr 2018
Mr. Trump likes to think of himself as a free trader, but in his mind, free trade isn’t free (or at least mutually beneficial) when the other side is continually cheating. I tend to be very skeptical of Mr. Trump’s trade policies, especially since his stated logic is grounded in fundamental fallacies, such as the […]
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I have always been puzzled by progressives unyielding faith in government as the solution to social problems, and indeed, almost always the federal government. In my mind, the repeated and demonstrable failures of government to solve problems that are unrelated to its constitutional (or better yet, Biblical) roles should give everyone pause. Yet progressives do […]
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Who shall return us to sanity? Name your pick for Republican challenger to Mr. Trump in 2020
22 Mar 2018
Mr. Trump unsurprisingly has defied convention and already declared himself a candidate for 2020, even before the 2018 elections. No other politician is likely to declare prior to the 2018 election, and the Republican party has no interest in a feud with the current president prior to the election–the Republicans want to be as unified […]
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One of the hidden-from-view debates going on among intellectuals and elites is the idea of the Universal Basic Income (UBI). The basic idea is let’s get rid of all welfare programs, and give everybody a check of some minimum amount that would meet the essentials of life. You could have it baked into the tax […]
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Mr. Trump targets American Consumers and American Workers on behalf of special interests
01 Mar 2018
I love American Steel. And American Aluminum. I am a casual purchaser of metal, but frequently enough that I have an account at the local Dayton office of ALRO Steel. I am a novice welder and car builder, which means I need raw materials to work with. American metals are far higher quality to […]