A new theory relating the sun’s changing activity levels to climate undercuts global warming alarmism and the Biden green programs. The theory’s prediction of colder winters over the next three decades takes on especial importance given the mid-February near-collapse of the Texan and German energy grids. When faced with an unexpectedly severe cold spell, they […]
Protectionist USTR-designate Tai gets bipartisan pass
Bipartisan softballs are lodged at President Biden’s protectionist USTR-designate Katherine Tai during her confirmation hearings. A Biden executive order will launch a 100-day US supply chain review. The administration’s refusal to follow up on a US-UK free trade agreement begun by the Trump administration smells of petty partisanship and contradicts the present administration’s claim that […]
New trade policies proposed by EU, in US, and at WTO
The EU curries favor with Russia and China while taking an independent stance toward the US. The US debates decoupling from China. The WTO has a new leader who hopes to resuscitate the WTO. The Feb. 15-21, 2021 roundup of major trade developments, with L.C. The 164 member nations of the World Trade Organization just […]
FDR’s Failed New Deal and Biden’s Retread
Government policies mandating elevated wage rates during the Great Depression priced millions of poor people out of work for the duration of the 1930s. Now the Biden administration, having learned nothing, is determined to repeat FDR’s disaster, even down to the “New Deal” name and its “100 Days.” by Richard Schulman Biden’s New Deal and […]
Does the semiconductor industry need government subsidies?
The Feb. 8-14, 2021 roundup of major trade developments The weekly trade report with LC The shortage of semiconductor chips needed for automobile production is causing an estimated $61 bn. loss of sales for the auto industry. The shortage is also impacting other industries that are dependent on semiconductors: cellphones, computers, electronic games, household appliances, […]
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