Trump’s budget proposal
I look on it as Trump’s opening bid in a series of negotiations. The MSM has predictably wailed about the meanness of it all. If you don’t want to wade through that, I think that Ed Morrissey has a fair … Continue reading →
Category Archives: Finance and economics
Boycotts and the law of unintended consequences
Boycotts can seem to be potent political tools. But they’re not an all-purpose tool; in organizing a boycott, the target gets a lot of free publicity. But although the intent is negative publicity, the word reaches both sides. And the … Continue reading →
Trump plans to enact conservative budget-cutting program
Interesting: Staffers for the Trump transition team have been meeting with career staff at the White House ahead of Friday’s presidential inauguration to outline their plans for shrinking the federal bureaucracy, The Hill has learned… Overall, the blueprint being used … Continue reading →
Trump and the CEOs: power is the ultimate aphrodisiac
Henry Kissinger said it, not me: Power is the ultimate aphrodisiac. Case in point: Ringed by tech’s elite, President-elect Donald Trump on Wednesday promised to do “anything we can do” to help the industry he often baited during the presidential … Continue reading →
Is it greed, envy, or covetousness?
I saw this at Ace’s a long time ago: I admire just about everything Thomas Sowell has ever written, and when first saw this I thought “Bingo, touche!” But then I started thinking about it and realized it’s not as … Continue reading →
The showman president
With the announcement of Trump’s triumphant (Trumphant?) Carrier deal, the word that occurs to me—not for the first time—is “showman.” That’s not necessarily a good thing or a bad thing, by the way. But it’s not something we’ve seen a … Continue reading →
What’s behind the Carrier deal?
Trump’s deal with Carrier to stay in Indiana rather than moving to Mexico is a stroke of PR brilliance. It’s also an example of exactly why Trump is now feared by the left: he is very good at this kind … Continue reading →
If you think our 2016 election featured an unusual duo of choices…
…take a look at France’s: In France, [pollsters] failed to see that former prime minister Frané§ois Fillon would win the race to become the conservative party’s candidate in April’s presidential election. A social conservative with liberal economic views, Fillon scrambles … Continue reading →
Abusive IRS “service representative,” anyone?
Recently I got a cryptic bill from the IRS for a small amount of money. The reason for the charges was ostensibly explained on the bill, but in a way that only dogs can hear and IRS agents or tax … Continue reading →
And then there’s the stock market
Financial markets were shaky last night with the news of the Trump victory, but guess what? At least for today, all is well and the Dow is up 200 as I write this. This is just the beginning for Trump, … Continue reading →
What is the purpose of the income tax?
I always thought the main purpose was to raise money for the services the federal government provides—defense, for example; and in more recent decades, entitlements. As for the tax structure, its progressive nature was meant to be “fair” in the … Continue reading →
Hmmm…
…I guess I won’t be moving to any of these metropolitan areas any time soon. Unless my sugar daddy comes along. We’re just talking about living at the two-bedroom apartment level, and it ain’t cheap: In San Francisco, America’s most … Continue reading →