China’s economy is built on a system that distorts free trade. Determined to grow at any cost, China has been overproducing everything. It started with roads and rail lines, then moved to apartments and mansions, and now it’s cars, refrigerators and semiconductors. These goods are dumped on foreign markets, including in America. Trump’s tariffs may be disruptive, but they can...

By: Merrill Matthews. wsj.com – April 7, 2025 Allowing one-time, taxable IRA withdrawals would produce the billions in revenue Republicans are looking for. One of the problems Congress sought to fix in 2017 was the repatriation of U.S. multinational funds sitting in overseas bank accounts. At the time, U.S. multinationals paid the taxes due in the country where they operated,...

By: Karl Rove – wsj.com – April 9, 2025 This chaos has been bad for everyone. Can the master negotiator now turn it around? Common sense prevailed Wednesday when President Trump announced he’d pause tariffs on most countries for 90 days. It’s good for America and his own political standing that he’s decided to become a dealmaker. He’s certainly got...

By: The Editorial Board – wsj.com – March 23, 2025 California had a jobs recession in 2024, Texas had a jobs boom. Private businesses shed jobs in the year, including in construction (-28,600), manufacturing (-33,400), information (-11,700), finance (-21,800), professional and business services (-49,000), leisure and hospitality (-29,500) and retail (-4,300). Some job losses are a result of small businesses...

By: Ron Johnson – wsj.com – March 19, 202 The federal government gives less scrutiny to its spending than a private company—or your family. Unlike the federal government, families and private-sector businesses have to keep spending in line with earnings. To do so, they budget, estimating what their income will be and making sure their planned expenditures don’t exceed it....

Many voters didn’t support Donald Trump to make the stock markets skyrocket. They instead want opportunities for good jobs and a lower inflation rate.

When I began investing in balanced mutual funds in 1983, the Dow Jones Industrial Average stood at 1,190. Last Monday, despite the drop of more than 1,000 points, the DJI closed at 41,911. It’s the difference between looking at short-term vs. long-term investing.

On Tuesday evening, by a vote of 217-213, the House voted almost entirely along party lines to pass a continuing resolution (CR) that President Donald Trump indicated his support for over the weekend.

Higher prices for the goods to which tariffs apply, negative effect on GDP growth, negative effect on jobs numbers, continued stock market underperformance.

President Trump suggests that state governments should have primary responsibility for handling disasters, and cutting federal taxes would allow states to access more money to address their needs.