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Gauging Prices with Kamala and Khan
In Richard V’s new neighborhood in Fort Worth, Texas, there is both a Kroger and an Albertsons. That combo no doubt raises the anxiety level over at the FTC where Lina Khan is suing to stop the two grocery chains’ proposed merger. Her goal, like the concern of Kamala Harris’s proposed price controls, is to […]
Derangement Syndromes
It is just as dangerous and gullible for Republicans as for Democrats to suck up their own spew, or believe their own rhetoric. Case in point is the constant harping, via conservative social media, on the “coup”: the supposed outrage that Kamala Harris was chosen as the Democrat candidate in a contrived, back-room maneuver despite […]
A Better Social Security Idea for Trump
Trump’s idea to stop taxing Social Security benefits points in the right direction. But as everyone immediately pointed out, it does not rectify the regressiveness of the Social Security system. While rich people hardly notice Social Security, the poor are often dependent on it for their financial survival. The chief argument in favor of removing […]
Israel: Leader of the Free World
For eight decades after the end of World War Two, America’s proudest title was “Leader of the Free World.” Today, that title properly belongs to Israel both on grounds of practical leadership and grasp of what it means to be a free people. The issues in the Middle East could hardly be simpler. The opposition […]
Extreme Debt Climate Warning
To avoid “climate catastrophe,” Treasury Secretary Janet Yellen says the world—which mostly means the United States—must spend an additional $3 trillion in capital per year through at least 2050. That would be 3% of world gross domestic product (GDP), and 12% of U.S. GDP. This amount, astonishingly, will mean less than a 50% increase in […]
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Trump or Harris: Who’s Worse for American Technology?
Between Trump and whomever—Harris at the moment—it makes little sense to ask who is better for American technology. “Who’s worse?” is all we’ve got. Trump first moved and then followed the GOP into the protectionist camp. He and the GOP China hawks have manufactured an enemy from a rival. Ultimately, the trade sanctions that are […]
Chairman Xi for Congress
Should Chairman Xi ever wear out his welcome in Beijing, he could have a future as a U.S. Congressman. He would fit right in. Both Congress and the Chairman evidently believe that what the U.S. and Chinese economies need is more politicians. Left to their own devices, they fear, the entrepreneurs who made China and […]
In Tech, China’s Success Is Our Gain
In Tech, China’s Success is Our Gain An anxiety-ridden article in yesterday’s Wall Street Journal lamented in a headline that “Beijing Leads U.S. in Fusion Race.” Apparently, workers in a “national fusion consortium,” including some of China’s biggest companies, are “completing a massive fusion technology campus” by working “three shifts, essentially around the clock.” The […]
The Debate Revealed a Small Problem for Dems, a Catastrophic Collapse for the GOP
The debate, the debate and nothing but the debate. Argghhhh!!! We confess to a limited (vanishing?) interest in politics as sport or even blood sport. We were tired of the debate weeks before it happened. Equally tiresome is the BIG, BIG news that was not news at all. President Biden’s mental and physical health are […]
The Fed Crows and the Sun Also Rises
Politicians of the world have collectively embarked on various chimerical goals, such as CO2 and energy suppression ($3 trillion), tariff and tech wars (another $3 trillion and counting), fantasies of despotic self-sufficiency, nationalization of money and banking, and catastrophic COVID and messenger ribonucleic acid (mRNA) power plays (another $3 trillion). Those actions defy and falsify […]