We agree that the balance of payments deficit with China is of serious concern, but the administration is not making the right moves to combat it. Read More...Tags: budget deficits, balance of payments, China, Warren Buffet, IOUSA, comparative advantage, Adam Smith, state-managed trade, unfunded liabiliites, President Donald Trump, protectionist instincts, Trans-Pacific Partnership, TPP -11, NAFTA, tariffs, steel & aluminum, Wilbur Ross, Larry Kudlow, unfair Chinese trade policies, forced sharing of US-owned intellectual property, tariffs a tax, stocks swoon, World Trade Organization, Indigenous innovation, Made in China 2025
A tax cut debacle in Kansas doesn’t prove fiscally conservative policies should be universally rejected. Read More...Tags: Eugene Robinson, KS Governor Sam Brownback, 2012 tax cut bill, LLC exemption, Kansas Supreme Court, Public school financing held inadequate, trickle-down economics, nuclear deterrent, former Senator Tom Coburn, budget deficits, fiscal meltdown, JFK tax cuts, Reagan tax cuts, Illinois fiscal woes, Budget Director Mick Mulvaney, Treasury Secretary Steven Mnuchin