EconAir

I HEARD THE NEWS TODAY THESE ARE NOT SATIRES. TRUMP AND HIS OFFICIALS ARE TRYING TO PUT ME OUT OF BUSINESS!   The acting head of the Federal Emergency Management Agency told employees that he did not know the United States has a hurricane season.   Kash Patel, the new head of the FBI, has called the FBI “Government Gangsters.” He has started giving FBI agents polygraph tests to root out leakers and disloyal agents. Many FBI agents have been fired; 21% are reassigned to immigration cases. American criminals and Russian spies in the U.S. rejoice.   Michael Boren, an Idaho ranch owner and a Trump donor, is  Trump’s nominee to oversee the very agency , The Forest Service, he has had a long-running feud and legal conflicts with over his decision to build an airstrip on protected land. Trump intends to visit him when he receives his new 747 from the UAE. A number of Republicans who voted for Trump's "big, beautiful" budget admitted they didn't read the entire bill and didn...

    SUMMARY AND UPDATE (12/2025) America's trade deficit was $918 billion in 2024. It is expected to be higher in 2025. China's goods trade surplus in 2024 was just under $1 trillion; based on the first eleven months of 2025, it will be over $1 trillion in 2025. The sharp decrease in exports to the United States has been less than China's increase in exports to the rest of the world. Exports to countries in Asia and Africa were substantially higher . President Trump has partially rescinded the U.S. ban on exporting high-end Nvidia chips to China. The price is that Nvidia has to give part of the sales revenue on these chips to the U.S. government. Trump is negotiating similar deals with the other American chip designers and producers.   TRUMP'S TARIFF STRATEGY The Trump tariff offensive is couched in domestic economic terms and objectives – to reduce the trade deficit, to reduce the fiscal deficit, and to increase domestic manufacturing, especially in technologies with ...