Category Archives: The Economy

Sabotaging the economy

How could that possibly work, you say. The economy is the economy, impervious to, well, just about anything except the high taxes and onerous business regulations and political uncertainty that stifled it for eight years under Bronco Bama.

Not so. “…because the condition of the economy, to a great extent,  is what you say it is or, more importantly, feel it is or can convince others that it is. It’s wide open to legerdemain. Economic success is governed almost as much by raw emotion as at is by the reality of profit and loss. What is the mood of consumers? What is the mood of big business, entrepreneurs, etc.?”

So the Progs and their Leftist buddies are taking every opportunity to undermine Trump by “sabotag[ing] the economy by jawing it down, by making it sound worse than it is” with the help of the anti-Trump fake news.

For instance a piece I read the other day claimed more people were living in their vehicles than ever before, quoting some people in California and South Dakota. Sure, California, land of high taxes and higher rents, but South Dakota?

“These cries of economic disaster will only grow more intense as we approach the mid-terms.  Every little statistical waver will [be] blown way out of… proportion. Schumer and Pelosi will say that bread lines are imminent.”

Via PJMedia

Telling the truth in three-quarter time

Amazing how the G7 kibitzers (and their elitest clones in the media) got all bent at Trump simply telling the truth about tariffs and other trade barriers.

“Trump is right that most countries protect their agricultural industries with tariff and non-tariff barriers. (The EU’s ban on GMO crops is an example of a non-tariff barrier that is rational only as an act of protectionism.) The U.S. has the most efficient agricultural sector in the world, and since most countries can’t compete with our farmers, they erect trade barriers. How is this any different from our imposing tariffs on steel or automobiles? It isn’t.

“Does Canada actually impose a 270% tariff on American dairy products, as Trump keeps saying? Yes, it does, according to the Canadian Broadcasting Company:

Canada levies a tariff of 270 per cent on milk, 245 per cent on cheese and 298 per cent on butter in an effort to keep imports out and tightly control supply.

“So Trump is right. A world without tariffs is a desirable goal, but a world in which the U.S. has no tariffs, but other countries erect barriers to our products, is not.”

But the G7 bigwigs meet to party, not to tell the truth. And truth-tellers are not welcome. Especially not in the snooze media. It interrupts their snoozing.

Via Power Line Blog

The Baby Bust

The WSJ’s Best of The Web argues for more legal immigration based on an historically-low birth rate for American women:

“American women are having children at the lowest rate on record, with the number of babies born in the U.S. last year dropping to a 30-year low, federal figures [show]…

“The general fertility rate for women age 15 to 44 was 60.2 births per 1,000 women—the lowest rate since the government began tracking it more than a century ago…”

With European women likewise giving birth at historically low rates, the West’s declining (and simultaneously aging) population should be grounds for statistical worries, yes, but more immigration? When unemployment among blacks and legal Hispanics is at an all-time low? Maybe not.

Via WSJ

Ripped off by CarMax

True, you can get a cheaper used car from CarMax, America’s largest automobile discounter/retailer, at cheaper than usual loan rates. Also true you can get your CarMax used vehicle periodically serviced by CarMax techs.

The bad part is that the CarMax used car may be mechanically shit to begin with and the service techs, at least in Austin, only work at their convenience, not yours. They’re on duty weekdays from 10 a.m. to 6 pm. Sometimes. Generally, they’re only available until 4 pm.

It’s a pitiful after the sale “service.” But CarMax knows that its customers generally are too poor—living paycheck-to-paycheck—to complain too loudly, let alone to sue.

Legalizing weed? Trump is for it

“On the first great-weather day of Spring 2018, President Donald Trump has committed to withdrawing federal objections to the legalization of marijuana, reports Tom Angell of Marijuana Moment.”

It was a great weather day here, too, though a cold front and thunderboomers marred it somewhat. But this is startling news, after AG Sessions’ gungho drug war rhetoric. Maybe he really is on the outs and may resign over this.

“This is huge, as it would unambiguously allow states to pursue legalization without worrying about a federal crackdown such as the one proposed by Attorney General Jeff Sessions at the start of this year. ”

Via Nick Gillespie at Reason

UPDATE:  Ilya Somin of the Volokh Conspiracy doesn’t trust Trump or the House GOP on this.

MORE:  Not to be outdone by Trump, who wants to allow individual states to pursue legalization, the Dims are going for across-the-board federal decriminalization. Wonder how that would apply to states like Texas where it still is illegal.

Chuck & Nancy refuse to play

“President Trump called out Nancy Pelosi and Chuck Schumer for boycotting a White House meeting Tuesday afternoon, by leaving two seats conspicuously empty — and accusing the no-show Democratic leaders of being “all talk” and “no action.”

“And now, it’s even worse. Now it’s not even talk. So they’re not showing up for the meeting,” Trump told reporters.

All talk and no action is perfect. A reminder of Clint Eastwood’s empty chair speech about Bronco. Who flat out refused to invite Republicans.

Via Fox News

Rule 5: Monica Fabbio

An Austin realtor-ess of exceptional beauty, despite the airbrushing of her obvious attributes here. She specializes in million-plus luxury homes. No surprise.