Category: Economics

President Trump is not just throwing his weight around, he knows the power of money in diplomacy. When he threatens a country with a 25% tariff on their goods, it is not an idle threat.  Only 2% or less of our economy depends on goods from either Canada or Mexico but 25% of the economies…

Many people think that President Trump is recklessly using tariffs to protect American jobs but do not realize that money talks. After World War II, America dominated the manufacturing market. Factories throughout Europe, in both Allied and Axis countries were devastated by the war but factories in America were untouched. America had produced most of…

It is interesting to see liberals crying because President Trump is making so many cuts to the budget by firing federal workers. President Biden deliberately trashed the economy by spending billions of dollars in the last  three months in office with no authorization from Congress, in order to fuel inflation and make it difficult for…

Democrats accuse the Republicans of refusing to negotiate on the debt limit, but they are refusing to do so as well. They have repeatedly pushed the budget to the deadline and then demanded Republicans give in and raise the debt limit. When Republicans refuse, they accuse Republicans of threatening the stability of the economy by…

I have never seen such a bold attempt to buy an election in my life. President Biden has continued to promote student loan forgiveness even though the Supreme Court has ruled that it is unconstitutional  three times already. The President does not have the authority to authorize the expending of billions of dollars without an…

The Estate Tax- Kamala Harris wants to push our estate tax to the highest in the world to heavily tax the rich.  That sounds good. Some States also have estate taxes of their own. They say those who oppose it are rich and are trying to get rid of it. Such rhetoric stems from a basic…