The USMCA Isn’t A Great Deal, It Is A Protectionist Tax On Consumers

graphic of US, Mexico and Canadian flags with image of Donald Trump and NAFTA motif

by Tony Wyman If what you were hoping for after President Trump threw out the North American Free Trade Agreement between the United States, Canada and Mexico was a real step forward towards freeing business from government intrusion, you will be sorely disappointed. What we got, instead, is what we always get from big government politicians who believe more regulation is better regulation.  Instead of being “the most important trade deal we’ve ever made, by far,“ as President Trump bombastically claimed after Canada signed the new deal, what we really…

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Farmers Are Casualties In Trump’s Trade War

Farmers Trade War

By Lynda Bryant-Work “As history has repeatedly proven, one trade tariff begets another, then another – until you’ve got a full-blown trade war. No one ever wins, and consumers always get screwed.” Mark McKinnon Strong support from the agriculture sector helped elect President Donald Trump to the White House in 2016. But two years later, concerns about the trade war and trade disputes have many farmers backing away from Trump. Tariffs are expected to raise the price of production for agriculture and make U.S. crops less competitive in China. When it…

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The Fate of Our Families And How We Can Change Course

crayon style drawing of family with Mom, Dad and Child.

by Paul Hamlin This may be chicken and egg argument, but in truth it doesn’t matter.  The American family is disintegrating, and it really doesn’t matter what happened first, whether societal pressures are destroying families or if families dissolving are causing the societal illness.  What we do know is that the family is a representation of the modern society. So, we can argue which came first, but the truth is we cannot solve the problems of society without looking at and solving our family issues. Let’s start with some disclaimers: This is…

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Casualties Of Trump’s Trade War Begin To Emerge

Tariffs Ahead graphic

By Lynda Bryant-Work Trade War casualties pile up … “As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the     outset of the Great Depression, vibrant international trade is a key component to  economic recovery; hindering trade is a recipe for disaster.” -Asa Hutchinson Trump tariff casualties attributable to Donald Trump’s insistence on amping up the trade war he promised his voters, are beginning to surface as the economy bleeds jobs and prices begin rising. Industries that use steel and lumber are being hit with higher costs effecting…

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Don’t Want Immigrants Crossing The Border? Then Stop Buying Cheap Stuff

by Tony Wyman Can we be honest about immigration for a change? I know we want to blame the issue on politicians and business leaders, but they aren’t the real reason immigrants are coming to the United States.  You are. You, the consumer constantly demanding better goods and services at steadily declining costs, are the primary reason more low-skill immigrant laborers are coming to America.  You are creating a demand for them, a demand that grows year-after-year. And that is a good thing!  Because consumer demand for affordable goods is…

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Piercing The Republican Propaganda

by Wes Walker via libertyisftw.org The Matrix is a system, Neo. That system is our enemy… look around, what do you see? Business men, teachers, lawyers, carpenters. The very minds of the people we are trying to save… You have to understand, most of these people are not ready to be unplugged. And many of them are so inured, so hopelessly dependent on the system, that they will fight to protect it. – Morpheus, the Matrix So the Republican Party is making the argument that the economy is doing much…

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Anti-Carbon Tax Bill Revived For Debate In Congress By Republican House Members

Carbon tax graphic

By Lynda Bryant-Work Two House Republicans have revived an old but ongoing issue and introduced a resolution condemning the idea of a carbon tax. House Majority Whip Steve Scalise and West Virginia Rep. David McKinley filed H. CON. RES. 119 on April 28 saying a tax on carbon dioxide emissions would “be detrimental to American families and businesses and is not in the best interest of the United States.” McKinley and Scalise outlined the dangers to the American economy in the resolution stating a carbon tax would increase energy prices,…

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Trump’s Anti-immigrant Policy – Hurting Graduate Schools And Global Competitiveness

A third-generation immigrant student graduates from university with his grandmother beside him.

by Tony Wyman The impact on graduate schools of Trump’s anti-immigrant policy If you attend a graduation ceremony this summer, one thing that is likely to catch your attention is the number of foreign-sounding names receiving advanced degrees, particularly ones in STEM (Science, Technology, Engineering and Math) fields. Many of these students are the second- or third-generation offspring of immigrants, legal and otherwise, entering the United States to make a better life for themselves and their children and grandchildren. Like many immigrants before them, they have taken advantage of the…

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The Invisible Plight of Homelessness In The Middle Class

photo of tent city in Santa Ana (Orange County, California)

by Dena Leichnitz   The blight of homelessness is hitting the middle class.  WE THINK OF HOMELESSNESS as a problem of poverty, but every year in California due to wildfires, homelessness hits the middle class. Homes burn down and people lose everything. Of course, that is not the only way people end up homeless; sickness in the family and the piling medical bills can drive them to the streets. Some lose their jobs like David Raether, (video below), and in California especially, losing your job can be an one way…

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The Economics Quarterly: 2018Q1

bulls and bears

by Wes Walker via libertyisftw.org GDP GROWTH DATA The preliminary estimate for the first quarter of 2018 was 2.3%, which extended the period of time the GDP growth rate has been 2.0% or higher to over a year. The final growth figure for the fourth quarter of 2017 was 2.9%. There has not been a negative GDP growth rate since the first quarter of 2014. GDP Growth Rate (1/1/2002-05/4/2018) INFLATION RATE DATA The inflation rate rose to 2.4% in March, the seventh month with an inflation rate above 2%. The…

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