The Democratic-Party-controlled House of Representatives has been using its subpoena powers 7-by-24 to paralyze a Republican presidency. What has the Republican Senate been doing with its equivalent subpoena powers? Is it investigating malfeasance and possible criminal activities among holdovers from previous Democratic administrations embedded in the IRS, FBI, and CIA? Is it approving crucial nominees […]
Chile, Colombia uprisings because Maduro not ousted
By Richard Schulman With the wisdom of hindsight, we think the US made a big mistake in leaving Nicolás Maduro in power in Venezuela, faced only with economic sanctions that almost never bring about the downfall of a dictatorship, just more deprivation to powerless citizens. Chile, Colombia uprisings The leftist-instigated arson and urban uprisings in […]
US threatens WTO existence but punts on auto import tariffs
Bloomberg News carried an explosive account of a November 12th meeting of the World Trade Organization Committee on Budget, Finance & Administration at which the US raised “the possibility of blocking the approval of the institution’s biennial budget and effectively halting its work starting next year.” If a budget isn’t approved by consensus of the […]
RCEP a minor trade win for China but India bows out
The weekly report of our trade correspondent, L.C. The Regional Comprehensive Economic Partnership achieved a success, of sorts, at the RCEP leaders summit in Bangkok on November 5th. Fifteen of the sixteen participating countries agreed to finalize the deal and sign it next year – but India opted out. The fifteen went out of their […]
Is inequality a big problem? Will Progressives make it worse?
by Richard Schulman Economics columnist and editor John Tamny notes that inequality has surged since 1989 but so has the quality of life for most people. Might there be a connection? Would we have had the benefits of the internet, personal computers, smart phones, and automation without the entrepreneurship and wealth accumulation among the few […]
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