by Daniel Brouse April 3, 2025 On April 2, President Trump unilaterally declared a trade war against the rest of the world, imposing protectionist tariffs on 180 countries — calling it “Liberation Day.” This action was taken without congressional approval and in direct violation of the Constitution. A coalition of world leaders from diverse countries […]
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Trade War!
Also posted in Business, Finance, Government, History, International, taxes
Tagged economy
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Fighting a Mean Bear Market in a Trade War
by Daniel Brouse April 3, 2025 Today, one of the stock market indices officially entered into bear market territory. A bear market is typically defined as a decline of 20% or more from recent highs in a broad market index, such as the Russell 2,000 Small-cap stocks. This downturn signals a shift in investor sentiment, […]
How Tariffs on Guitars and Pianos Could Impact the Next Generation of Musicians
by Daniel Brouse April 3, 2025 An economist just referenced Little Richard to illustrate how tariffs might impact young musicians. Little Richard, known for his energetic vocals and piano playing, also had a band called “The Upsetters,” and while he wasn’t primarily a guitarist, he had notable guitarists in his band, including Jimi Hendrix. Due […]
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Financial Ethics and Legal Controversies: Trump, Musk, and Conflicts of Interest
Financial Disclosure and Conflict of Interest Regulations for U.S. Presidents and Officials When a U.S. president takes office, they—as well as their cabinet members, high-ranking officials, and anyone with substantial influence in the administration—are generally required to disclose all financial activities. This process is designed to ensure transparency, prevent conflicts of interest, and uphold ethical […]
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The Impending Economic Impact of April 2 Tariff Announcement: A Global Crisis in the Making
by Daniel Brouse April 1, 2025 The Washington Post has reported that sources indicate the April 2 tariff announcement is set to impose an across-the-board 20% tariff on a broad range of imports. Such a drastic move would have far-reaching implications for the global economy, potentially triggering the most significant worldwide economic downturn since the […]
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Trump Economic Facts
Amazingly, some still suffer from Trump Delusionment Syndrome, defending his economic policies while claiming Biden ‘destroyed the economy’ or insisting that Trump needs to ‘break some eggs’ to bake a cake—meaning we need to endure pain. No, we don’t need pain. The economy performed the best in history during Biden’s term, in sharp contrast to […]
Also posted in Agriculture, Business, Education, Energy, Environment, Finance, Government, History, International, Politics, Trees
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Trump’s Sector-Specific Tariffs
March 27, 2025 Since January 2025, the United States has implemented several sector-specific tariffs in an effort to protect domestic industries. These tariffs are in addition to any existing country-specific tariffs and represent a continuation of protectionist trade policies. However, historical data suggests that such high sector-specific tariffs often fail to achieve their intended goals. […]
Why Are People Boycotting Tesla?
Elon Musk’s extreme hypocrisy has led to widespread boycotts and protests against Tesla. It’s the only company in U.S. history to achieve profitability primarily through carbon credits and remains one of the largest recipients of government subsidies, including tax credits. Yet Musk publicly opposes these very policies, making his contradictions even more damaging—not just to […]
Also posted in Business, Energy, Environment, Finance, Global Warming, Government, health and wellness, Politics, Science, taxes
Tagged economy
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GOP Socializes Egg Prices
Ironically, President Trump has taken a far-left liberal approach by socializing the egg industry. Unable to keep his campaign promise to lower egg prices, the U.S. government has subsidized the industry to the tune of billions of dollars. U.S. Agriculture Secretary Brooke Rollins announced that the United States is importing hundreds of millions of eggs […]
Trump’s Sweeping Tariff Plan Threatens to Reverse Decades of Trade Progress
by Daniel Brouse March 20, 2025 Trump aides are preparing to implement a sweeping new set of tariffs on imports valued in the trillions of dollars, aligning with the administration’s push for a more protectionist trade policy. This plan, part of Trump’s so-called “reciprocal” trade agenda, is expected to significantly alter U.S. trade relations by […]
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