Elections have consequences, and those consequences are dire for free market dogmatists in the Republican Party.
The tariff debate is over. President Donald Trump won, and it is not even close. Americans overwhelmingly support efforts to punish countries like China for their unfair trade practices. Even President Joe Biden, who ran blatantly misrepresenting the Trump economic record, has kept the Trump tariffs on steel and aluminum in place.
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Offshore drilling has been a cornerstone of global energy production since the 1800s, fueling the American way of life and powering the global economy. From the early days of “on-water-drilling” to the advancement of the fixed platform units of today, offshore drilling has consistently contributed around 30 percent of global oil production. In the U.S., supply on federal offshore lands in the Gulf of Mexico alone accounts for approximately 15 percent of total crude oil production.
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Joe Biden is gaslighting America on the economy. His administration is trying to oversell what has underperformed for several reasons: First, the economy is the one issue that affects most Americans most significantly. Second, Biden is doing worse on virtually every other issue. Finally, time is short: the economy is about to get worse, and the election is close. The administration’s strategy is to get Americans to believe what they hear and doubt what they see.
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Joesph Stalin allegedly said that the “death of one person is a tragedy; the death of one million is a statistic.” Fitting neatly with his horrendous ideology, our brains are simply not equipped to understand suffering of astonishing proportions – for a single person suffering we feel empathy; with millions we blink cluelessly before looking away, dumbfounded.
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Don’t look now, but if you were planning on a severe recession and a spike in unemployment before the 2020 elections in the hopes it would help oust President Donald Trump, you might have to keep waiting.
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Labor Day, according to the US Department of Labor is “dedicated to the social and economic achievements of American workers” and as a “national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country.”
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Already threatened by escalating U.S. taxes on its goods, China is about to find it much harder to invest in U.S. companies or to buy American technology in such cutting-edge areas as robotics, artificial intelligence and virtual reality. President Donald Trump is expected as early as this week to sign…
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Reuters China’s trade surplus with the United States swelled to a record in June as its overall exports grew at a solid pace, a result that could further inflame a bitter trade dispute with Washington. But signs exporters were rushing shipments before tariffs went into effect in the first…
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