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 top FBI agents have been fired or 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   The Trump tariff offensive is couched in domestic economic terms and objectives – to reduce the trade deficit, to reduce the fiscal deficit, to increase domestic manufacturing, especially in technologies with good growth potential or necessary for national security. The economic issues used to justify the higher tariffs, however, are part of a larger challenge - the geopolitical rivalry between the United States and China, and part of a broader objective – to weaken China’s domestic economy.   The economic issues used to justify the higher tariffs are less important than the geopolitical issues - the geopolitical rivalry between the United States and China - and part of a broader objective – to weaken China’s domestic economy.       BACKGROUND   The conflict with China has been recognized as far back as the Obama administration. Even before then, the United States has used economic tools as political weapons – sanctions, denying othe...