Jul 29, 2024 ~ 'Yellen: By the Way, We're Going to Need Another $3 Trillion per Year for Climate Change' These people cannot bankrupt the United States fast enough. We're running trillion dollar deficits and these fools want triple our insolvency. Complete maniacs. She absurdly tries to sell this massively unaffordable waste of money as a "big economic opportunity." "Of course, it really is a massive economic opportunity if you happen to own or have stock in one of the many 'green energy' companies that have been cropping up. It's also a wonderful opportunity for China and any other nations that are sitting on the largest stockpiles of rare-earth metals needed to build all of the batteries required to drive all of this nonsense. But for everyone else, it's a massive, pointless money sink." [Anti-Science, Climate Change, Debt, Deficit, Economics, Regulations]
Aug 9, 2024 ~ 'Is the Sun Setting on Residential Solar?' The market is collapsing as govt. subsidies decrease. Massive layoffs. Its always been a scam. It often doesn't ever pay for itself even after 30 years. Causes major debt for gullible people especially seniors. [Economics, Energy]
Oct 14, 2024 ~ 'Federal Price Controls Will Cause Crashing Domino Effect of Drug Availability and Innovation' Democrats seem determined to repeat all of the basic economic mistakes. They are price capping drugs to save money on Medicare. This will lead to shortages and many fewer new drugs due to reduced R&D spending. Also, their requirement that "drug companies to rebate back to Medicare any price increases above the inflation rate" will simply cause drugs to start at a higher price than they would have. [Economics, Health Care]
Oct 29, 2024 ~ 'Dead Wrong Again -- Nobel Economists Put Partisanship Over Economic Common Sense' Stephen Moore destroys economists who say Harris is better for the economy than Trump. They are the same ones who predicted economic disaster for Trump's first term. Same ones that praised Hugo Chavez. Same ones who said Biden's policies would not cause inflation. Total clowns with zero credibility. [Economics, Economy, TDS]
Dec 1, 2024 ~ 'Trump Says Mexican President Agreed to End Migration in "Very Productive Conversation"' Looks like Trump's tariff threats are actually paying off despite all of the criticism from Democrats. Canada's PM Trudeau met with Trump at Mar a Lago and Mexican president Claudia Sheinbaum has already agreed to stop the flow of illegal immigration through Mexico. Both Canada and Mexico have agreed to more troops and border enforcement to combat both illegal immigration and fentynal smuggling. [Economics, Illegal Immigration, Trump Win]
Dec 9, 2024 ~ 'The Milei Revolution' "Between 1980 and 2023, Argentina was one of the few countries in the West that saw a relative decrease in living standard."
"Finally, the Argentine people had enough. They elected as president Javier Milei, an audacious and magnetic Austrian school economist dedicated to free markets. 'Viva la libertad, carajo!' he shouted while wielding a chainsaw -- signifying proposed cuts to government spending -- on the campaign trail. As Milei told the arrogant interventionists at Davos, 'Economic freedom, limited government and unlimited respect for private property are essential elements for economic growth. The impoverishment produced by collectivism is not a fantasy, nor is it an inescapable fate. It's a reality that we Argentines know very well.'"
"And the results are nothing short of astonishing. While shouting 'afuera!' he has cut the number of ministries from 18 to eight, fired members of the bloated public sector en masse and dumped the corrupt intermediaries in the welfare system. He has slashed the budget by 32%, brought a fiscal surplus for the first time in years, and brought inflation down from a month-on-month rate of 25% to 2%. The stock market has skyrocketed; investors are once again looking at Argentina as a target for their money." [Ben Shapiro, Economics, Economy, Politics, Socialism]
Dec 18, 2024 ~ 'Who's to Blame for Your Lousy Insurance Coverage?' "Everyone's blaming health insurance company greed for the soaring claims denials and roadblocks to care. That's naive. Follow the money to find the real culprits: lying politicians. In 2013, before Affordable Care Act regulations kicked in, insurers denied roughly 1.5% of claims, according to the American Medical Association. But under ACA rules, denials increased tenfold. Now nearly 15% of claims are denied, reports Premier, an insurance consultant firm. Some insurers deny a third or more of claims, according to Kaiser Family Foundation research."
"Denials and prior authorization requirements escalated after the ACA went into effect. But don't blame profit maximization. The ACA regulates underwriting profits, and if profits go up, insurers have to send customers rebates.
Giants like United Healthcare have grown into money-making behemoths by buying physicians' practices, hospitals and pharmacy chains, not by selling health plans, according to IBISWorld industry research.
The actual reason your health insurance is becoming unreliable is that politicians backing Obamacare knowingly made a promise that was impossible to keep without insurers resorting to predatory practices.
Obamacare advocates promised everyone would be charged the same regardless of their "preexisting conditions."
The math doesn't work. Every year, 5% of the population uses over 50% of the health care. That's a fact of nature, politics aside." [Economics, Health Care, Obamacare]
Feb 19, 2025 ~ 'The Myth of Income Inequality' "Inequality exists but is muted dramatically when transfers that dozens of government programs and taxes paid are included. Incomes of the bottom and second quintiles increase dramatically, whereas incomes of the top and fourth quintiles are greatly reduced." [Economics, Politics]
Mar 9, 2025 ~ Stossel, 'The Death of Europe' "Europe is kind of like a big museum. Tourist money keeps it going, but there's so little growth that, per person, America's poorest state (Mississippi) is now richer than most European countries." Unemployment is much higher than the US because of what you must pay people and its almost impossible to fire anyone. "Why would you hire anybody when you are essentially responsible for them for the rest of your life?!" Cost of living is much higher. "You get the right to free health care, but whether you get health care is a different story. I have friends who died in the Swedish health care system because they couldn't get treatment in time." Starting a business is so much more difficult, very few bother. [Economics, John Stossel, Socialism]
Mar 15, 2025 ~ Victor Davis Hanson explaining how Trump uses tariffs effectively: Donald Trump’s Tariff Diplomacy Is Working President Donald Trump is not using tariffs for their historical purpose, which is to protect and promote domestic industry. Instead, Trump, as Victor Davis Hanson argues, is using tariffs to hold countries, like Panama, Colombia, Venezuela, and China, accountable. And it’s working. On this edition of “Victor Davis Hanson: In His Own Words,” Hanson dispels the Left’s hysteria over President Trump’s tariff policies: “So, if you take Venezuela and Colombia, he's saying that ‘you people deliberately emptied your jails and you sent them to the United States—sent them being felons—violent felons. And you're not going to do that anymore’. And they said, ‘we're not taking them back’. He said, ‘you're going to take them back, or I'm going to put a tariff’. So, it was a lever of diplomacy, and it worked. They backed down completely.” [Economics, Economy, Trump Win]
Mar 23, 2025 ~ 'JD Vance: Businesses That ‘Invest in America‘ Will Be Rewarded' "Vance spoke about how the Trump administration’s “goal is to make it easier and more affordable to make things again” in the U.S. President Trump has been clear about his plan, about our administration’s plan — our goal is to make it easier and more affordable to make things again in the United States of America. If you invest in America, in American jobs, in American workers and in American businesses, you’re going to be rewarded. We’re going to cut your taxes, we’re going to slash regulations, and we’re going to reduce the cost of energy and build things right here in this country that all of us love. But, if you try to undercut us and build outside of our borders, President Trump’s administration has got nothing for you. If you want to be rewarded, build in America. If you want to be penalized, build outside of America. It’s as simple as that.” [Economics, Economy, Politics, Regulations, Trump Win]
Mar 29, 2025 ~ 'Seattle Facing $47 Million Payroll Tax Deficit as Large Corporations Flee City' Seattle decided to tax the hell out of Amazon and other big companies to fight “racist gentrification” among other woke nonsense. Predictably they are fleeing, leaving Seattle with a $50 million dollar deficit. Democrats never learn.
Jason Rantz, "What people haven’t realized yet — but soon will — is that the sharp drop in payroll expense tax revenue means jobs are leaving Seattle. The whole point of the PET was to squeeze ‘free’ money out of businesses because the city arrogantly assumed it held all the cards. But what did PET actually do? It pushed Amazon jobs to Bellevue, kept employees working from home (and out of Seattle), and helped fuel layoffs at companies hit hardest by the tax — like Expedia." [CRT DIE Wokeness, Economics, Fake Racism, Politics]
Apr 5, 2025 ~ 'Trump Has a Point About Other Countries’ Tariffs on Our Goods' This article has a good list of countries and the tariffs they impose on the US. Trump wants 'reciprocal tariffs.' Unfortunately, what Trump did was not that. He implemented tariffs based on trade deficits which makes no sense. The stock market is reacting very badly to the misguided program. [Economics, Economy]
Apr 6, 2025 ~ 'Navarro Tariffs are Too High' Articles on very conservative sites are starting to appear outright saying Trump is not doing this tariff deal right. Trump said he would do 'reciprocal tariffs' but that's not at all what he did. [Economics, Politics]
Apr 16, 2025 ~ 'Peter Navarro Is Not the Way' He's single handedly destroying the economy and Trump's legacy. "'Ron Vara' is the name of an anti-China economist who is quoted more than a dozen times across five of Navarro’s books. He’s a fellow Harvard grad who served as a reservist during the Gulf War. The thing is, he doesn’t exist." "Navarro needs to make up economists who agree with him because his economic views are incorrect." "Navarro believes that trade barriers are the primary cause of trade deficits. A country’s trade deficit with the rest of the world is actually caused by an imbalance between savings and investment. In the case of the U.S., investment is higher than savings, so the difference is made up by international trade. The flip side of every trade deficit is an investment surplus." [Economics, Politics]
Apr 20, 2025 ~ "Tech Giant Commits $500 Billion To Make AI Supercomputers ‘Entirely In The U.S.’"
Clearly influenced by Trump's tariffs, Nvidia announced, “Within the next four years, NVIDIA plans to produce up to half a trillion dollars of AI infrastructure in the United States through partnerships with TSMC, Foxconn, Wistron, Amkor and SPIL.” Nvidia founder and CEO Jensen Huang said, “The engines of the world’s AI infrastructure are being built in the United States for the first time.” Nvidia said that its Blackwell chips have already started being produced at TSMC’s plant in Arizona, which began producing advanced chips in late 2024.
“Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency,” Huang added. [Economics, Economy, Trump Win]
Apr 26, 2025 ~ 'The Surplus Americans Don’t Hear About'
"‘Trade deficit’ is a defective term." "The point is that the whole conventional framework assumes that the goal of international trade is to husband money rather than real goods and services." [Economics]
Apr 28, 2025 ~ 'Trump’s Impossible Trade Policy'
There are too many problems with Trump's trade policy to list in this summary so read the article. If he had just done the original 'reciprocal tariff' idea, it might have been good but what he actually did is a disaster. [Economics, Economy]
May 3, 2025 ~ 'We Need Cheap Stuff, and Lots of It'
Trump's reaction to Americans unhappy about massive price increases in Chinese goods due to his tariffs is basically, "Suck it up and make due with less." Trump said, "They have ships that are loaded with stuff we do not need. Maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more than they would normally."
"What Trump was ultimately dismissing is abundance, which is one of the marvels of our system. Fewer choices at a greater cost — whether of dolls or other goods — simply means a lower standard of living."
"All of this is off-brand for a President Trump associated with business success and consumerist excess. It’s more natural for him to be boosterish — we are going to have fabulous dolls at better prices! — than to talk people into accepting scarcity." [Economics, Economy]
May 24, 2025 ~ 'Tariff Folly' John Stossel does a good job explaining the pros and mostly cons of tariffs. Debunks common myths:
Myth 1: Tariffs protect American jobs.
Myth 2: We need tariffs because America runs trade deficits with other countries.
Myth 3: We need tariffs because global trade hollowed out America's manufacturing base. [Economics, Economy, John Stossel]
May 24, 2025 ~ 'If the Rich Are So Powerful, Why Are Their Taxes So High?' Larry Elder debunks common myths and lies that Democrats always tell about the rich not paying 'their fair share.' First he demonstrates how few people have any idea what different groups of people pay especially the rich. Most have no idea that "the top 1% of earners paid 40.4% of all federal income taxes." And the bottom 50% of Americans pay only 2.3%. [Economics, Fake News, Larry Elder, Politics, Taxes]
Jun 1, 2025 ~ 'Trump Makes the Deal of a Lifetime for US Steel'
"Local steelworkers, community leaders and economic experts said President Donald Trump's announcement Friday that a deal was struck between U.S. Steel and Nippon Steel will go down in American history as the most enduring economic "big, beautiful deal" the 47th president has made.
It is a deal robustly supported by the rank-and-file steelworkers from the three plants that make up the Mon Valley Works. The deal is believed to reverse the decline of steel that began under former President Jimmy Carter in the 1970s."
Trump said, "I am proud to announce that, after much consideration and negotiation, U.S. Steel will REMAIN in America and keep its headquarters in the Great City of Pittsburgh."
"The investments and technology transfer will protect and create 100,000 jobs in Pennsylvania, according to an independent analysis by Parker Strategy Group. The analysis estimated that the investment would protect 11,400 jobs and create and support 14,000 new jobs, including over 10,200 in construction." It means billions in investments in many other states as well.
Hudson Institute fellow Paul Sracic said, ""Instead of just killing the deal, he used his opposition as leverage to get even more investment dollars than Nippon Steel had originally offered. In every way now, Trump can take credit for this investment. It was his application of steel tariffs during his first term which led Nippon Steel to seek out the purchase in the first place. Through his application of tariffs, Trump has managed to secure U.S. jobs and helped to directly take on China. Trump can now rightly claim credit for saving these communities and the jobs of the workers who, unlike their union leadership, have served as one of his most loyal sources of support since he first ran for president in 2016. The future is now bright in Pennsylvania." [Economics, Economy, Tariffs, Trump Win]
Jun 2, 2025 ~ 'Ingratitude and Ignorance Are Driving The Destruction of The Greatest Civilization In Human History'
"For most of human history, life was brutal, short, and dangerous. For most people today, it’s not. And there’s a reason, which is these five elements: Free speech, the rule of law, limited government, private property, and capitalism, which combined to give humans the unprecedented ability and motivation to be creative and productive."
"The results were extraordinary. Longer lifespans. More food. Larger and safer living quarters and conditions. Vastly more options for making a living and safter conditions when doing so. Cheaper, faster and more comfortable transportation. Unprecedented communication tools and energy. Exponentially more information available and accessible. Leisure time, something almost unheard of throughout history. And the list goes on."
"It was Western civilization and the United States that took men to flight, put men on the moon, discovered DNA, invented the computer, harnessed nuclear power, and revolutionized farming." [Economics, Politics, Western Civilization]
Jun 15, 2025 ~ 'Trump’s tariff gamble pays off — without the inflation' A lot of people predicted otherwise. "It was supposed to be economic Armageddon. That, at least, was the loud warning from academics, pundits, and many in the financial press. Tariffs, they said, would torch the American consumer, spike inflation, and crater confidence."
"Instead, something else happened: nothing of the sort."
"Far from igniting the inflationary firestorm predicted by his critics, Trump’s sweeping tariffs — including a 10% universal import duty and targeted hikes on 90 nations — have coincided with the lowest inflation rate since early 2021." [Economics, Economy, Tariffs, Trump Win]
Jun 22, 2025 ~ 'Economic suicide by design' Another big company forced out of a blue state: "Tektronix has decided that it has had enough of the Oregon Democrat high taxes, poor schools, and constant degradation of the quality of life for its employees. Textronix was once one of the largest employers in the state of Oregon." [Economics, Economy, Regulations, Taxes]
Jun 22, 2025 ~ "Juneteenth: No, America's Wealth Wasn't Built By Slaves - Slavery Held Us Back" "There's a reason the North wiped out the South: free men create, innovate and prosper, slavery freezes development in place. By 1861, the difference was stark."
Regarding "the lie that 'the wealth of America was built on the backs of slaves.' The irony is, the Democrat South lost precisely because it was not, and that same Democrat South remained an impoverished backwater for the next century because Democrats never learned the lesson. This was precisely the issue on which the Republican Party was founded — and I’m pleased to note that not only did my party free the slaves and give them the vote, it also never had a member who owned a slave, and never had its own terror wing like the KKK, the Weather Underground, BLM or Antifa."
"Marxist historians claim that slave-based crops like cotton, and the finished goods that came from them, created American wealth. But economic historians Alan L. Olmstead and Paul W. Rhode note that “US cotton played no role in kick-starting the Industrial Revolution.” Worse still, although cotton exports comprised a large share of total exports prior to the Civil War, they accounted for only around 5 percent of the nation’s GDP. So unless Standard Oil, and Edison Electric, and the Union Pacific, and Carneigie Steel were all built by slaves no one knew about, the wealth of America was built by free men. And a great many former slaves participated in the creation. The case for envy is laughable. Slavery held the South back. It built manors little different from those of medieval lords and with roughly that rate of advancement. Meanwhile, the real action was to the north and west, where creative free peoples transformed the Earth." [Economics, Slavery, Western Civilization]
Jun 28, 2025 ~ "Mamdani's Long List of Giveaways: 'Free' Gender Transitions, Bus Fare, and Child Care" A literal socialist who hates capitalism and Jews just won the NYC Democratic Primary proving Democrats are getting even more far left crazy. His list of giveaways would bankrupt any economy. He's promising citywide rent control despite rent control's history of destroying parts of that city. Government run grocery stores FFS. $65 million for taxpayer funded 'gender transitions.'
Ben Shapiro explains it thusly: "I think the most important thing here to remember is that young Democrats are basically sixth-grade voters in your middle-school election. If you ever ran for student body president in middle school, you will remember that if you ran a normal campaign pledging, for example, that you were going to clean up the gym better, and then some kid came in and said, 'I pledge free ice cream and no homework for everyone,' all the kids voted for that idiot." [Ben Shapiro, Economics, Ocasionomics, Socialism]
Jul 3, 2025 ~ 'TRUMP EFFECT: U.S. Adds 147K Jobs, Beating Projections For Fourth Straight Month' "The United States added 147,000 jobs in June, beating expectations for the fourth straight month — the latest economic win for President Donald Trump and his administration. The June jobs report, released Thursday, shows growth across sectors as the unemployment rate fell to 4.1%, its lowest since February." “Hats off to President Trump because this three-legged stool of his has really been powerful: the trade, the taxes, and deregulations together.” [Economics, Economy, Regulations, Tariffs, Tax Cuts, Taxes, Trade, Trump Win]
Jul 13, 2025 ~ "‘Experts’ Warned Free Markets Would Ruin Argentina — Looks Like They Were Dead Wrong" "Just days before the November 2023 presidential election, 108 economists from around the world signed an open letter claiming that Milei’s 'simple solutions' were 'likely to cause more devastation in the real world in the short run, while severely reducing policy space in the long run.'"
"Well over a year into Milei’s presidency, Argentina is showing its strongest economic performance in years. The country’s gross domestic product (GDP) jumped 7.7% in April compared to the same month in 2024, far exceeding expectations."
Reminiscent of the 'experts' that predicted economic disaster after Trump's first term. They were dead wrong there too. [Economics, Economy, Fake News, Politics]
Jul 21, 2025 ~ 'WNBA players demand to be paid what they’re worth'
This is more delusional than the usual gender pay gap fake narrative. The league loses $50 million a year and only exists due to being subsidized by the actually profitable NBA. Totally clueless. [Economics, Gender Pay Gap]
Jul 27, 2025 ~ "Tom Emmer: Passage of Three Crypto Bills Through House ‘Historic‘" "Not only did President Trump sign the first piece of crypto legislation in the law. We also passed a clarity act and my Anti CBDC Surveillance [Act] with bipartisan support. President Trump ran and won on his promise to make America the crypto capital of the world, and last week, we took a monumental step to deliver that." [Economics, Economy, Trump Win]
Jul 27, 2025 ~ 'US-Japan Trade Deal Is a Masterpiece' Trump never rests. Deal after deal being inked.
"The deal will ultimately mean more investment, income, innovation, and jobs in the US. Japan has agreed to invest $550 billion, with 90 percent of the profits staying stateside. This means more construction and factories, more research and development, and more employment of Americans."
"Japan also agreed in this landmark deal to open its markets to American exporters by removing trade barriers on automobiles, agricultural products including rice, energy, industrial inputs, and more."
"America is now poised to dominate liquified natural gas (LNG) exports to Japan, which is the world’s second-largest purchaser of LNG. Since the US sits on one of the world’s largest natural-gas deposits, this is a win-win for both nations." [Economics, Economy, Tariffs, Trump Win]
Jul 28, 2025 ~ 'Trump Reaches Historic Trade Deal with EU: Europe to Buy $750 Billion in U.S. Energy' "President Donald Trump announced a sweeping trade agreement with the European Union (EU) on Sunday, setting a baseline 15 percent tariff on European imports — including automobiles — while keeping existing 50 percent duties on steel and aluminum in place. As part of the deal, the EU committed to purchasing $750 billion in U.S. energy products." "The EU will purchase three-quarters of a trillion dollars in U.S. energy, while also investing $600 billion into America on top of existing investments. Additionally, EU countries will be setting tariffs on U.S. goods at zero percent, and Europe agreed to purchase a vast amount of military equipment." "This deal not only strengthens transatlantic ties but also delivers a significant win for American workers, industries, and the broader economy, showcasing Trump’s continued prowess in negotiating outcomes that put U.S. interests front and center." European Commission President Ursula von der Leyen @vonderleyen: "I want to thank President Trump personally for his personal commitment and leadership to achieve this breakthrough. He is a tough negotiator, but he is also a dealmaker." Financial Times: "There is no hiding the fact the EU was rolled over by the Trump juggernaut, said one ambassador. 'Trump worked out exactly where our pain threshold is.'" [Economics, Economy, Tariffs, Trade, Trump Win]
Aug 3, 2025 ~ "‘I Gotta Own It’: Bill Maher Admits He Was Wrong About Trump’s Tariffs"
"Comedian Bill Maher acknowledged on a Monday episode of his “Club Random” podcast that he was incorrect in predicting President Donald Trump’s tariffs would destroy the U.S. economy by July."
"But look, the stock market is at record highs. I know not everybody lives by the stock market, but I also drive around,” he added. “I don’t see a country in a depression at all. I see people out there just living their lives. And I would have thought — and I gotta own it — that these tariffs were going to fucking sink this economy by this time — and they didn’t." [Economics, Economy, Tariffs, Trump Win]
Aug 3, 2025 ~ 'Apple Backs Donald Trump in Rare Earth Minerals Push by Investing $500 Million in U.S. Mine'
“This is a huge win for the president, who has the foresight to make this issue a priority,” a senior White House official told Fox News. “Apple deserves a lot of credit for stepping up. It’s good for the country, good for American workers, and it’ll prove to be good business, too.”
"The deal also includes building a new recycling facility in Mountain Pass, California, which will reportedly reprocess materials from used electronics to be used in future Apple products. Moreover, Apple and MP Materials plan to build another facility in Fort Worth, Texas, to create magnets that will be used in the tech giant’s products, as well as other electronics around the world, sources told Fox News. Apple has previously announced significant expansions to its manufacturing presence in Texas. The deal, which includes Apple’s commitment to buy American-made rare earth magnets from MP Materials’ Texas factory, comes days after the U.S. Department of Defense announced it is also taking a $400 million stake in the mining company." [Economics, Economy, Trump Win]
Aug 9, 2025 ~ 'Trump Scores Another Win: Apple To Pump $100 Billion More Into U.S. Economy' "Today’s announcement with Apple is another win for our manufacturing industry." "Apple initially announced in February that it would spend $500 billion in U.S. investments during the president’s time in office, including a massive factory in Texas and around 20,000 jobs focused on research and development."
“This is the largest investment Apple has ever made in America and anywhere else,” Trump said, adding that the company is “coming home.”
Apple CEO Cook: "I'm very proud to say that today, we're committing an additional $100 billion to the United States, bringing our total U.S. investment to $600 billion... We believe deeply in the promise of this great nation." [Economics, Economy, Tariffs, Trump Win]
Aug 9, 2025 ~ John Stossel, 'My Socialist Mayor'
"Mamdani mocks those of us who fear socialism. He says socialism just means that the state 'provides whatever is necessary for its people to live a dignified life.' Sounds nice. But socialism doesn't bring a dignified life. It never has. It's wrecked lives wherever it's been tried."
"Whether you call it the abolition of private property," said Mamdani, "or you call it just a statewide housing guarantee, it is preferable to what is going on right now."
"No! It's not! This idea has failed, again and again! Socialism, in various degrees, was tried and abandoned in the USSR, China, Vietnam, Mongolia, Cambodia, Afghanistan, South Yemen, Myanmar, Angola, Mozambique, Benin, Congo, Ethiopia, Somalia, Tanzania, Zambia, Ghana, Madagascar, Nicaragua, Guyana, Chile, Israel, Sweden, and India. Countries that didn't abandon socialism, like Cuba, Bolivia, and North Korea, stay poor. Venezuela was once the richest country in Latin America. Now it's the poorest."
"Socialism destroyed Venezuela," says Venezuelan-born economist Daniel Di Martino. "No government has the capacity to run thousands of businesses."
"People need capitalism -- a profit motive -- to do that." [Economics, Economy, John Stossel, Poverty, Socialism]
Aug 17, 2025 ~ "Aluminum Producer to Invest $50M in US Jobs as ‘Direct Result‘ of Tariffs" Trump's tariffs are bring more investment into the United States.
"Century Aluminum Co. is planning to create about 100 local jobs at its Berkeley County facility after the plant operated below full capacity for the past decade, the Post and Courier reported. The boost is expected to increase U.S. aluminum production by nearly 10%... Ramping up domestic production was dubbed a 'direct result' of Trump’s trade policies, which includes raising import fees on primary aluminum shipments to 50%."
Century Aluminum CEO Jesse Gary said in a statement: "Today’s announcement was made possible by President Trump’s commitment to onshoring manufacturing of critical metals, protecting America’s national security, and to protecting American workers in our industry whose expertise is needed to ensure future generations do not have to rely on foreign supplies to build our communities and grow our economy." [Economics, Economy, Trump Win]
Aug 17, 2025 ~ 'Donald Trump Is Truly Historic'
"If you had to sum up President Trump’s second term so far in one word, you could do worse than 'epic.' Trump may be on the path to the most consequential presidency since Ronald Reagan’s."
In addition to his accomplishments on immigration, trade, peace, tax cuts, NATO, DEI rollback, making tax cuts permanent, DOGE cuts, Medicare reform, ending Iran's nuclear weapons program, etc. "Almost any one of these items would be a notable first-six-months accomplishment, but he’s done them all, with lots of other activity besides. His EPA administrator, Lee Zeldin, and his energy officials are rolling back the left’s climate agenda. Trump defunded public broadcasting and kneecapped the Department of Education (for now). The administration has taken important steps to protect female sports and to keep minors from being subjected to “gender-affirming care.” With brute-force threats, he’s pushed universities into agreements to adopt reforms and probably upended forever the assumption that billions of federal dollars would flow to top universities as a matter of course." [Anti-Semitism, Climate Change, CRT DIE Wokeness, DOGE, Economics, Economy, Environment, Illegal Immigration, Iran, Nato, Rich Lowry, Tariffs, Tax Cuts, Trans, Trans Athletes, Trump Win]