We lost a lot of great Americans in the oceans, skies and battlefields of WWII, stopping regimes that did this.
We lost a lot of great Americans in the oceans, skies and battlefields of WWII, stopping regimes that did this.
Central bank independence - the latest evidence based thinking.
Non-partisan take:
Threatening the central bank chair leads to higher inflation with no gain in growth (recent studies and experience bears this out).
www.piie.com/publications...
Not surprising. Hassett has been a conservative βpolicy salesmanβ tool for years now.
Heβs completely ill equipped intellectually to handle this no matter when he hears about it
This is all giving serious 2003 vibes
Hassett quit being an actual economist years ago. Heβs been content acting as a GOP policy salesman the last 20+ years, pitching ideas he knows deep down are illegitimate.
The formula is simple
WSJ EDITORIAL BOARD: β.. It is bewildering to see Mr. Trumpβs allies defending this debacle as some show of American strength.β
@wsj.com
www.wsj.com/opinion/puti...
Three things worth knowing about the current fiscal debate:
1. When they're talking about savings, the numbers are usually billions (though sometimes millions).
2. When they're talking about tax cuts, the numbers are usually trillions.
3. A trillion is a thousand times larger than a billion.
Biggest concerns for public right now: healthcare costs, inflation, budget deficit.
Good thing Trump/Congress plan to:
-slash Medicaid, let enhanced Obamacare premium subsidies lapse;
-increase tariffs;
-expand deficits by trillions of dollars through tax cuts
www.pewresearch.org/politics/202...
Imagine the reaction if the Biden admin had responded like this to any of the rightβs pet issues:
βImmigration moves up, immigration moves down, thatβs how the world worksβ¦β
Trump's tariff-for-tax cut swap is very cleverly disguised populist policy that sounds like it's all about beating up on China to help American workers. The reality is that it's about tax cuts for the rich, paid for by import taxes on the American working and middle class.
But $200B is not the US trade deficit with Canada. No one seems to know where his $200B comes from.
Where on earth does he get this stupid $200bn number from? Even his followers canβt say. Itβs like he pulls this stuff out of his rear end.
Trump has made a habit of ginning up crises and then declaring victory when he βsolvesβ them. We in the media must stop giving this arsonist credit for his firefighting skills. wapo.st/4jSmj87
Why canβt we just kill the Laffer Curve zombie for good?
Hilarious given how most of Stalloneβs and Gibsonβs movies would NEVER have been allowed to be made in Hollywoodβs Golden Age.
Is he going to announce the resumption of HUAC next?