Joel, I to think Tariffs are the wrong way, but parody is what Trump wants to see. Are you saying that Europe can charge US goods 30% import duty we should only charge 3% hardy a free market. After all they have had a free ride for 80 years with us picking up the tab for there defense. That's many trillions out of our tax payers pockets. Free markets need to be free.
Why would You protect another country if You do not get anything out of it? Seems to Me that something is missing here . I think there has to be more words added here to find the real truth. Maybe it is just Me because I do not trust a politician as far as I can throw him or her.
Rock on! ! Somebody please show us the dividends for spending to defend all of europe. And cut my dickoffamies in Guatemala. It's all been graft. I read a book in the early eighties. "The rise and fall of great power." The Union Jack was on a low step.America was stepping down and tojo was stepping up so to speak. The stats on industrial production etc are incredible.We do need industry back! To an earlier poster, I agree.Everybody charges us and we don't charge them for cross birder exchange a value.
It's not, & never has been, about what the collateral-"citizen" gets out of it.
Identifying with a country, with countries, that identify you as a trademarked chump-mark is a habit to kick, if you can, cuz the citizen can will always continue to be kicked.
Compounding this fact is governments are structured to consume evermore wealth; never less
This reality is due to its smart, savvy employees. They realize that the only way for them to prosper is to manage more people
More people requires larger budgets; higher salaries; bigger offices; etc
Add to this reality a Congress not required to balance the Federal budget but, instead, to secure their offices by spending and you have a country deeply in debt
Nothing is so permanent as a temporary government policy. Think of the NJ Turnpike as an example. The tolls were only supposed to last until the road was paid for.
Joel don't you mean 1860 in reference to the Civil War?
The best possible answer to all this lies within the states. It appears there are states that are taking the current situation and working towards a solution at the state level. I have petitioned my legislators to begin a path of establishing a state economy devoid of any national entanglements. The first step, as I see it, is to establish a vault within the state and to begin buying gold to put in that vault. Crickets. As far as my state is concerned ( Wisconsin) I have given up hope. Let the cards fall where they may, as for me I will chart my own course. I can tolerate ignorance to a point but I will not tolerate stupid. Excuse me now as I must read another classic.
“Friedman, who admitted being “one of the architects” of the Treasury’s proposal for a withholding system, correctly noted in his memoirs that the system “would have been introduced had I been involved or not.” Withholding was an essential element of the government’s wartime revenue grab. “At the time,” concluded Friedman, “we concentrated single-mindedly on promoting the war effort. We gave next to no consideration to any longer-run consequences. It never occurred to me at the time that I was helping to develop machinery that would make possible a government that I would come to criticize severely as too large, too intrusive, too destructive of freedom. Yet, that was precisely what I was doing.”
I have always felt a kinship to Americans in that my folk came to Alberta in 1903 from Montana.
They had homesteaded on the Yellowstone River and sold out to move to Alberta where there was more opportunity . When questioned about the move they claimed too many sheep and too much gunplay in Montana .
I have spent significant time in the US and always felt welcome and really it seemed that our prairie culture crossed the border little changed .
It is now harder to have an affinity with a people who seem to have decided that their problems all relate to having been hard done by ,by their neighbors . My feeling is that the problems of the United States and Canada and Europe for that matter are largely self inflicted .
At any rate it seems to be warming up a bit here on the Ranch in northern Alberta and spring is only a couple of months away .
President Trump, not unlike President Milei, has inherited an enormous mess. He is not inherently a politician, but rather a New York City businessman, born and bred. As such, he is using the threat of tariffs as a negotiating tool in order to address the “free and fair trade” playing field that does not exist with many of our trading partners.
I think that your review of numbers overlooks an originating fact about the use of tariffs. The American System, as created by Alexander Hamilton, launched the national tariffs that enabled post-revolutionary American industry to both establish itself and grow into a powerhouse. The pre-revolutionary American colonies had been overwhelming dependent on imported goods. Washington himself supported tariffs both to protect domestic and as a means to generate revenue. It was the first major piece of legislation after the Constitution. Looks like it worked….
Joel, I to think Tariffs are the wrong way, but parody is what Trump wants to see. Are you saying that Europe can charge US goods 30% import duty we should only charge 3% hardy a free market. After all they have had a free ride for 80 years with us picking up the tab for there defense. That's many trillions out of our tax payers pockets. Free markets need to be free.
If not free markets then Europeans, Canadians, et al need to start paying for their police protection they have been getting for free.
Why would You protect another country if You do not get anything out of it? Seems to Me that something is missing here . I think there has to be more words added here to find the real truth. Maybe it is just Me because I do not trust a politician as far as I can throw him or her.
Rock on! ! Somebody please show us the dividends for spending to defend all of europe. And cut my dickoffamies in Guatemala. It's all been graft. I read a book in the early eighties. "The rise and fall of great power." The Union Jack was on a low step.America was stepping down and tojo was stepping up so to speak. The stats on industrial production etc are incredible.We do need industry back! To an earlier poster, I agree.Everybody charges us and we don't charge them for cross birder exchange a value.
Mike Benz: "There's no such thing as domestic policy."
https://www.youtube.com/watch?v=IQIZyRTFBjU
It's not, & never has been, about what the collateral-"citizen" gets out of it.
Identifying with a country, with countries, that identify you as a trademarked chump-mark is a habit to kick, if you can, cuz the citizen can will always continue to be kicked.
Sounds Like the one world government is about to take place. You and I have been duped again. The "insiders" win again.
"You're in good hands with Allstate."
Homeostatsis keeps the narrow parameters of life walled in good & tight. If it ever got loose, status quo would blow - can't have that.
Really enjoyed this. It is so true! Am looking forward to our podcast recording next week too. Plenty to talk about!
Cheers! And talk soon…
Governments consume wealth; they don’t create it
Compounding this fact is governments are structured to consume evermore wealth; never less
This reality is due to its smart, savvy employees. They realize that the only way for them to prosper is to manage more people
More people requires larger budgets; higher salaries; bigger offices; etc
Add to this reality a Congress not required to balance the Federal budget but, instead, to secure their offices by spending and you have a country deeply in debt
The debt is now so large it can never be repaid
Nothing is so permanent as a temporary government policy. Think of the NJ Turnpike as an example. The tolls were only supposed to last until the road was paid for.
Joel don't you mean 1860 in reference to the Civil War?
Another great article!
Good eye! Typo corrected, thanks!
Well the ability of politicians or bureaucrats to manage America's economy is demonstrated clearly by the $ 36 Trillion dollars of debt.
The best possible answer to all this lies within the states. It appears there are states that are taking the current situation and working towards a solution at the state level. I have petitioned my legislators to begin a path of establishing a state economy devoid of any national entanglements. The first step, as I see it, is to establish a vault within the state and to begin buying gold to put in that vault. Crickets. As far as my state is concerned ( Wisconsin) I have given up hope. Let the cards fall where they may, as for me I will chart my own course. I can tolerate ignorance to a point but I will not tolerate stupid. Excuse me now as I must read another classic.
The slaver’s name is pronounced freed-man.
“Friedman, who admitted being “one of the architects” of the Treasury’s proposal for a withholding system, correctly noted in his memoirs that the system “would have been introduced had I been involved or not.” Withholding was an essential element of the government’s wartime revenue grab. “At the time,” concluded Friedman, “we concentrated single-mindedly on promoting the war effort. We gave next to no consideration to any longer-run consequences. It never occurred to me at the time that I was helping to develop machinery that would make possible a government that I would come to criticize severely as too large, too intrusive, too destructive of freedom. Yet, that was precisely what I was doing.”
https://fee.org/articles/wartime-origins-of-modern-income-tax-withholding/
“If I don't do it somebody else will …"
Like Rockefeller's silver dimes photo ops with the kids, or Gate's "philanthrocapitalism," no Free/dom To Chose coming back from that.
Oh for a true free market! Alas, there has never been one and there never will be.
I have always felt a kinship to Americans in that my folk came to Alberta in 1903 from Montana.
They had homesteaded on the Yellowstone River and sold out to move to Alberta where there was more opportunity . When questioned about the move they claimed too many sheep and too much gunplay in Montana .
I have spent significant time in the US and always felt welcome and really it seemed that our prairie culture crossed the border little changed .
It is now harder to have an affinity with a people who seem to have decided that their problems all relate to having been hard done by ,by their neighbors . My feeling is that the problems of the United States and Canada and Europe for that matter are largely self inflicted .
At any rate it seems to be warming up a bit here on the Ranch in northern Alberta and spring is only a couple of months away .
And perhaps Grandpa was right "Too Many Sheep "
All the best to youall .
President Trump, not unlike President Milei, has inherited an enormous mess. He is not inherently a politician, but rather a New York City businessman, born and bred. As such, he is using the threat of tariffs as a negotiating tool in order to address the “free and fair trade” playing field that does not exist with many of our trading partners.
I think that your review of numbers overlooks an originating fact about the use of tariffs. The American System, as created by Alexander Hamilton, launched the national tariffs that enabled post-revolutionary American industry to both establish itself and grow into a powerhouse. The pre-revolutionary American colonies had been overwhelming dependent on imported goods. Washington himself supported tariffs both to protect domestic and as a means to generate revenue. It was the first major piece of legislation after the Constitution. Looks like it worked….