Nowhere on earth is global warming proceeding more rapidly than inside the Arctic Circle. Over the past two decades, the Arctic has grown five degrees Celsius warmer. And the trend is accelerating, with the Arctic warming nearly four times as rapidly as the rest of the planet. Climate scientists expect that Arctic median temperatures will […]
Browsing Category: United States
Stupidity researchers: Trump’s policies not just dumb but stupid
Before he stepped down as Canadian prime minister, Justin Trudeau called Donald Trump’s tariff policies “very dumb.” This might be an accurate description of many Trump administration policies — but the more objectively correct word is “stupid.” In fact, Québec’s largest newspaper, Le Journal de Montréal, published a front-page photo of Trump in early February […]
Politically connected firms benefit from Trump tariff exemptions
This article was originally published by ProPublica, a Pulitzer Prize-winning investigative newsroom. After President Donald Trump announced sweeping new tariffs earlier this month, the White House released a list of more than a thousand products that would be exempted. One item that made the list is polyethylene terephthalate, more commonly known as PET resin, the […]
Trump’s in-the-know plan to demolish the US economy
The press daily reports ever louder shrieks of concern that Trump’s actions – tariffs, deportations, chainsaw destruction of federal agencies by people barely out of their teens – risk causing a worldwide economic crash. The naïve shriekers Bill Ackman, Larry Fink, Larry Summers and countless others don’t yet realize that there’s no risk: it’s the […]
Detained on arrival: Why US is no longer safe for tourists
The United States is one of the top three most visited countries in the world. The big draw cards – cities such as San Francisco, New York and Chicago and national parks such as Yosemite – have attracted international tourists for decades. This combined with its role as a global business powerhouse meant it had […]
Recession talk is in the air
The Wall Street Journal’s Spencer Jakab pointed out something interesting the other day: There’s been a spike in Google searches on the word “recession.” It’s easy to understand why. Worries that tariffs will spur inflation have sent consumer confidence tumbling. The University of Michigan’s Index of Consumer Expectations fell 18% in March from April and […]
New polling: Does ‘America First’ mean abandoning Taiwan and Korea?
This article, originally published by Pacific Forum, is republished with permission. In his first administration, Donald Trump’s “America First” doctrine reshaped US foreign policy, emphasizing economic nationalism, skepticism of military alliances and a focus on domestic priorities over international commitments. The Trump administration 2.0 further seeks to reevaluate military commitments abroad, reduce foreign aid, and […]
Great Game On: Shining light on the contest for Central Asia
The Founding Fathers advised Americans to steer clear of entangling alliances if they wished to preserve their newly acquired Republic. This may be news to some of our politicos but not to President Donald Trump. No US president has been leerier of the interventionist foreign policy bequeathed to us by Woodrow Wilson and Franklin Roosevelt […]
Tariffs have a Laffer curve, too
Legend has it that the supply-side revolution – Ronald Reagan’s 1981 cut in the US top income tax rate to 40% from 70%– began in a Washington restaurant, when economist Arthur Laffer drew his eponymous curve on a cocktail napkin for then White House Deputy Chief of Staff Dick Cheney. At a tax rate of […]
Sifting through the ashes of Rochester’s dumpster fire
You’re just too good to be true Can’t take my eyes off of you You’d be like heaven to touch I wanna hold you so much — Frankie Valli You know you’re old when you have no idea who IShowSpeed is and why he is a big deal. For the old farts out there, IShowSpeed […]