Trade policy is likely to change if Joe Biden is confirmed as president-elect but probably not as much as free-trade advocates had been hoping. The weekly trade report with L.C. On Saturday morning, Nov. 7th, the Associated Press took it upon itself to declare Biden to be US president-elect. The AP, a left-wing news organization, […]
Biden’s foreign policy = Obama + Sanders
by Richard Schulman Democratic Party presidential candidate Joe Biden’s foreign policy and national security policy will be a continuation of that of his former boss, President Obama, combined with a strong tilt to the preferences of Bernie Sanders. Biden will continue his longstanding opposition to missile defense, an opposition he shared with his boozing and […]
Progressives’ taxes mix bad economics with envy
by Richard Schulman Progressives are proposing four new taxes to finance their costly spending plans and to supposedly reduce inequality: A wealth tax (Senator Elizabeth Warren [D-MA]); An accelerated (Senator Ron Wyden [D-OR] or increased (former Vice-President Joe Biden) capital gains tax; A financial transaction tax (Representative Peter DeFazio [D-OR] and Senator Brian Schatz [D-HI]); […]
