March 18, 2024

President Trump Gives ‘Hurt’ Trudeau And ‘Rip-Off’ EU An Economics Lesson — ‘Fair Trade’ Is ‘Fool Trade’

President Trump: ‘Fair Trade Is Now To Be Called Fool Trade’ The ongoing feud between President Trump and Canadian Prime Minister Justin Trudeau continued Sunday evening when Trump defined nonreciprocal trade as “fool trade” in a tweet. Why should I, as President of the United States, allow countries to continue to make Massive Trade Surpluses, […]

Bannon: If Obama Managed Trump’s Economy, ‘They Would Have Given Him a Nobel Prize in Economics’

Appearing on Monday’s Breitbart News Daily with SiriusXM host Alex Marlow, Breitbart News Executive Chairman Stephen K. Bannon analyzed the Republican tax reform bill as a “another Reagan-type tax cut on marginal tax rates” designed to “make American corporations competitive, as far as tax rates go.” “It’s a pretty big marginal tax cut, and the […]

The New York Times Embraces Fake Science, Fake Engineering, and Fake Economics

The Oct. 16, 2017 New York Times devotes most of a full page to an editorial promoting “5 Climate Truths Mr. Trump Doesn’t Get.” They even have graphs to supposedly illustrate their five truths. As someone who has studied climate change and renewable energy I immediately understood that their editorial was very simplistic and does […]

Marxist Economics 101: Obama Explains It All for You

The Obama administration now controls how much you can earn. Not just inclined to meddle in the ongoing “minimum wage” argument — the minimum wage must always and everywhere be $0.00, which is what unpaid interns work for — the Emperor Hussein II has now decreed that private employers must provide overtime pay to salaried employees […]

Kudlow: The Obamacare economics disaster

The judicial decision to uphold all of the president’s health-care subsidies may be very disappointing, but the economics of Obamacare are far worse than whatever constitutional mistakes have been committed by the Supreme Court. The economics of Obamacare are very bad. The law is inflicting broad damage on job creation and new-business formation. It ruins […]

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