Article History
Trump v. Trump. Which president shows up at the State of the Union?
Via: Nerm_L • News Viners • 2 Comments • 1 Like • 9 months ago
“Call it a battle for Trump's brain.”
The State of the Union address will likely be a hot mess. Might be a good idea to wear a whiplash collar and stock up on Dramamine.
Las Vegas sees sharp visitor drop as leisure spending wanes
Via: Nerm_L • News Viners • 13 Comments • 1 Like • 9 months ago
Trump sacrificed this (fairly large) segment of our services economy to achieve what? Trump has not followed through on a policy pivot to support an industrial economy. Trump has only artificially distorting market signals, hoping to spur productive investments by magic.
US debt spiral could start soon as interest rate on borrowing tops GDP growth
Via: Nerm_L • News Viners • 1 Comments • 1 Like • 9 months ago
“CRFB warned the actual fiscal outlook could be far worse than even the latest sobering projections.”
The Treasury has addressed the rising cost of servicing debt by shifting to sales of short term T-bills (12 month or less maturity). At present, ~ 22% of the Federal debt is held in short term T-bills (~ $6.6 trillion). (At present ~ $16 trillion of the national debt is held in short term...
Trump tariff chaos: What does 15% levy mean for trade deals the US signed?
Via: Nerm_L • News Viners • 1 Comments • 1 Like • 9 months ago
“From the EU to Vietnam to the UK and India, multiple countries had signed or finalised trade deals with the US.”
Teddy Roosevelt admonished "speak softly and carry a big stick". But speaking softly requires sane reasoning. And bluff, bluster, and questionable legal theories are not a big stick. How the hell does the United States fix his mess now?
MAGA Reacts to Trump Alien Announcement
Via: Nerm_L • News Viners • 18 Comments • 6 Likes • 9 months ago
“Trump said he has directed his administration to "begin the process of identifying and releasing" government data on UFOs and alien life.”
ODS! Now we know that Barack Obama lives in Trump's head. Is this Obama Derangement Syndrome?
$56 trillion national debt leading to a spiraling crisis: Budget watchdog warns the U.S. is walking a crumbling path
Via: Nerm_L • News Viners • 8 Comments • 3 Likes • 9 months ago
“Trump is putting the U.S. economy on a "sugar high" and leaving other people holding the bill when it comes due a decade from now, according to the...”
Is Federalism the answer? This analysis ignores the additional $5 trillion spent by local and state governments. On top of that local and state spending, the Federal government is transferring an additional $1 trillion to local and state governments. As the Federal government edges ever closer...
Why California could be the big winner as EPA abandons climate policy
Via: Nerm_L • News Viners • 2 Comments • 1 Like • 9 months ago
“The federal government is walking away from its tailpipe emissions rules, sparking a legal debate over whether states can now write their own...”
Enivro-wackos trying to find a silver lining in unrestrained regulatory nirvana. The risk now is they just might have to live with what they wish for.