Site-Wide Activity

Hawley’s own proposal is essentially an unintentional confession of how tariffs work in reality. They don’t punish foreigners for producing foreign goods in foreign countries! They are a tax on imports, paid by the importer and the cost eventually paid by the consumer, even if the importer eats some of the tariff.

The government will collect m…[Read more]

Reg,

What gets me is Josh Hawley has proposed that every American get a $600 rebate check from the Federal Government to offset the tariffs. What is that saying if not that the costs of tariffs are ultimately borne by the end-user consumer?

And since domestic businesses purchase foreign items for use…[Read more]

THINGS ARE LOOKING UP!!!…

for Canada.

@Unseen – I hope I was not read by anyone to be saying they want to completely destroy the economy.

No, not at all. However, I did entertain that thought myself at one point, when Trump allowed his sycophants to make a lot of money when he said “Now would be a good time to buy shares”.

Reg the Fronkey Farmer wrote:
It’s not unreasonable for you to suspect that parts of Project 2025 could have economic consequences that are more than just “collateral damage”.  I think harm to the economy is seen by those behind Project 2025 as an acceptable price the country will have to pay, rather than a deliberate policy to wreck it.

I hope I…[Read more]

Project 2025 is less about governance and more about remaking the state in ways that require large-scale disruption. Doge was the first step. The rapid-fire blunderbuss approach that Steve Bannon mentioned is still happening. Naomi Klein’s book “The Shock Doctrine” had warning signs that match much of current MAGA blueprint. While the citiz…[Read more]

@Reg

Yup!

Sitting in the sun outside Starbucks today, I overheard people sarcastically toasting  (or roasting) Trump for the probable reduction in coffee prices here as Brazil starts to export its coffee to Europe instead of the USA.  People are not going to play his game. Just ignore him and make new friends instead.

I’m starting to think that destruction of the economy is actually an unstated part of the Project 2025  planners. They clearly want to establish something resembling a feudalism with an all powerful lord at the top, lords bound to him by fealty, and helpless compliant commoners with little control over anything beyond their own househods. Letting…[Read more]

@Reg

That as well, though I think what I proposed pretty much covers the same ground in different words. It’s not friendly to be constantly breaking rules and/or rewriting them unilaterally to one’s own advantage.

The Canadians will happily and safely dance with their friends.

I think the biggest issue for most countries is that Trump cannot be trusted. The rest of the world has watched in bafflement and dismay at how Trump has treated Canada. In his first term he overhauled the NAFTA trade agreement, which became USMCA. I will admit that was a better trade agreement and one built on a broadly stable and modernized…[Read more]