The Economy in Context

by Wes Walker via libertyisftw.org The most recent job numbers released on March 9th by the Bureau of Labor Statistics, represented a strong preliminary number for February that, should they hold, could be a solid piece of good economic news since the tax reform bill passed last year. It remains likely that the numbers will not survive the tariffs put into place last week, assuming they aren’t revised downward next month, and, despite the bump in the stock market from the positive preliminary jobs numbers, it’s important to keep in…

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Rustbelt Politics & The Death of America

by Wes Walker via libertyisftw.org Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.” –Milton Friedman So Donald Trump‘s grand plan to restore America’sĀ RustbeltĀ is slapping tariffs on steel and aluminum imports and starting a trade war. His economically illiterate supporters, convinced as they are that flag waving and howling “‘Murica!” at anyone that doesn’t look like them constitutes sound economic policy, are predictably on board. Meanwhile, the left will oppose Donald’s plan, albeit…

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