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Commerce Department Targets China With Proposed Tariffs On ‘Currency Manipulators’

Commerce Department Targets China With Proposed Tariffs On ‘Currency Manipulators’  A lot has happened since then-candidate Trump said he would label China a currency manipulator on ‘day one’ should he make it to the Oval Office. So far, at least, the pledge to hold Beijing accountable for manipulating its currency wouldn’t fall into the ‘promises kept’ column. But […]

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This is What’s Cannibalizing the US Economy

This is What’s Cannibalizing the US Economy The sector is booming, but it’s a costly boom. In the sluggish US economy, the goods-producing sector has been in decline since late 2014, but sales in its biggest sub-sector are booming: medicines. Drugs are a physically small part of the goods-producing economy. But in terms of dollars, they’re the elephant […]

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Guided By Nonsense

Guided By Nonsense “Read the directions and directly you will be directed in the right direction.” — Lewis Carroll U.S. consumers are at it again.  After a seven year hiatus they’re once again doing what they do best.  They’re buying stuff. According to the Commerce Department, personal consumption expenditures (PCE), which is the primary measure of […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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