Let me say, up front, that I do not know if Trump’s tariffs will accomplish his purposes or not.  Tariffs are common in human history.  Some tariffs, in some places, and at certain times, have had some benefits to a country’s economy.

By: Gerard Baker – wsj.com – April 7, 2025 In the days after Japan surrendered at the end of World War II, he was a young boy living in a small town. As American troops moved to occupy the country, the mood was one of panicked terror. The Japanese had been told by their leaders that the victorious Americans would...

The whole thing was hastily assembled, sloppy, and riddled with errors. Source: Donald Trump’s Tariffs: No Genius Plan | National Review

Trump unveiled the new tariffs in a ceremony at the White House’s Rose Garden on Wednesday for a “Make America Wealthy Again” event.

By: The Editorial Board – wsj.com – April 3, 2025 Blowing up the world trading system has consequences that the President isn’t advertising. All details aren’t clear as we write this, but Mr. Trump’s tariffs look “reciprocal” in name only. First he’s hitting every nation in the world with a 10% “baseline” tariff to sell in the U.S. market. For...

The Senate on Thursday advanced its budget resolution, teeing up a weekend vote on a blueprint for President Trump’s tax agenda and other top priorities. Senators voted 52-48 to kick off…

In late January, the Fair Tax Act, H.R. 25, was introduced in Congress yet again. This time the bill’s chief author is Rep. Earl L. “Buddy” Carter (R-GA). The Fair Tax Act is a bill to replace the current Internal Revenue Code with a national retail sales tax, known as the Fair Tax.

In 1974, Congress created the Legal Services Corporation to connect lower-income Americans involved in civil disputes with free legal help. The law that established the agency stipulated that…

By: Lathan Watts – nationalreview.com – March 14, 2025 Chase’s decision to drop discrimination based on politics and religion is good for business. After a series of negotiations with attorneys from Alliance Defending Freedom, JPMorgan Chase has agreed to adopt language in its code of conduct that protects against political and religious de-banking. The changes mark a crucial step forward at the nation’s...

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....