Why is the Trump administration levying tariffs? Are they for tax purposes? Protecting domestic industries? Bargaining chips for international deal making? The administration and its supporters have floated mutually-exclusive reasons for these policies, making the confusion worse.
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The language of “de-dollarization” conceals an authoritarian ambition: to replace one fiat empire with another.
Bernie Sanders and Alexandria Ocasio-Cortez have toured the country calling for massive government takeover of the economy and other socialist initiatives. For socialists, Sanders and AOC have become the new “Keepers of the Secret” of making socialism viable.
Most supporters of the free market when Murray wrote MES supported a limited state, but Murray wanted to get rid of the state altogether. This was too much for the Cold Warriors.
The United States is dangerously close to entering yet another war in the Middle East. But this one has the potential to be a lot costlier for the American people while remaining just as unlikely to bring about peace and stability in the region.
The US assessment goes against claims from Israeli PM Netanyahu, who launched the war under the pretext of preventing Iran from obtaining a nuclear weapon.
During 2024 taxpayers were on the hook for $1.13 trillion in interest on the debt. That’s nearly $7,400 for each of the 153 million people who file tax returns.
During 2024 taxpayers were on the hook for $1.13 trillion in interest on the debt. That’s nearly $7,400 for each of the 153 million people who file tax returns.
Amtrak subsidies keep many of Amtrak‘s routes alive despite the fact that ridership is down on many of them. These subsidies guarantee that Amtrak will be a second-rate, undercapitalized passenger railroad system.
Why is the Trump administration levying tariffs? Are they for tax purposes? Protecting domestic industries? Bargaining chips for international deal making? The administration and its supporters have floated mutually-exclusive reasons for these policies, making the confusion worse.