by Daniel Brouse March 20, 2025 Tariffs function as one of the most regressive forms of taxation because they disproportionately burden lower-income individuals, harm economic efficiency, and provide minimal benefit in terms of reducing the deficit. Here’s why: 1. Tariffs as a Regressive Tax A regressive tax is one that takes a larger percentage of […]
Tag Archives: economy
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 […]
Posted in Business, Finance, freedom, Government, History, International, taxes
Tagged economy
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Economic and Security Implications of Trump Policies
by Daniel Brouse March 18, 2025 Recent policy decisions by the Trump administration have led Canada and Australia to reconsider significant defense contracts with the United States. Canada’s Reassessment of the F-35 Fighter Jet Deal Canada is reevaluating its C$19 billion contract for 88 Lockheed Martin F-35 fighter jets. This reconsideration stems from escalating trade […]
BYD’s Breakthrough Charging Tech Exposes the Pitfalls of U.S. Protectionism in the EV Market
by Daniel Brouse March 18, 2025 BYD, China’s leading electric vehicle (EV) manufacturer, has unveiled a groundbreaking ultra-fast charging system capable of delivering 1,000 kilowatts (kW) of power. This advancement allows EVs to gain 400 kilometers (approximately 248 miles) of range in just five minutes, effectively matching the refueling time of traditional gasoline vehicles. This […]
Posted in Business, Energy, Environment, Finance, Global Warming, Government, International, Science
Tagged economy
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The Inflationary Impact of Trump Tariffs and the Decline of the Dollar
by Daniel Brouse March 18, 2025 According to the U.S. Bureau of Labor Statistics, import prices rose 0.4% in February 2025, following a 0.6% increase in January. This marks the largest two-month advance since mid-2022. The February increase was primarily driven by higher fuel prices, which advanced 1.7% after a 2.9% rise in January. Nonfuel […]
Global Economic Outlook Dims Amid Rising Trade Barriers and Geopolitical Tensions
by Daniel Brouse March 17, 2025 On March 17, 2025, the Organization for Economic Co-operation and Development (OECD) released its latest Interim Economic Outlook, revising downward its global economic growth forecasts. This worldwide slowdown is attributed to higher trade barriers in several G20 economies, which are expected to dampen global growth and contribute to inflationary […]
Posted in Business, Energy, Environment, Finance, freedom, Global Warming, Government, International, Politics
Also tagged climate change
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Trumpenomics: How Tariffs, Policy Cuts, and Labor Shortages Are Devastating American Farmers
by Daniel Brouse March 13, 2025 Recent policies enacted by the President have had significant financial repercussions on American farmers, leading to substantial economic losses. 1. Impact of Tariffs and Retaliatory Measures The Trump 2.0 administration’s imposition of tariffs, particularly on steel and aluminum, has triggered retaliatory tariffs from major trading partners such as China, […]
Posted in Agriculture, Business, Energy, Environment, Finance, freedom, Government, International, Politics, Society, taxes
Tagged economy
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A Storm Brewing in Global Trade
by Daniel Brouse March 12, 2025 Daily Market Update: A Storm Brewing in Global Trade While domestic markets remained relatively calm, international markets reacted with volatility to the latest round of tariffs, escalating trade tensions worldwide. In Trump 1.0, steel and aluminum tariffs were introduced at 25% on steel and 10% on aluminum, selectively targeting […]
Posted in Agriculture, Business, Energy, Environment, Finance, freedom, Government, History, International, Politics, taxes
Tagged economy
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The Devastating Impact of Trump’s Steel and Aluminum Tariffs
By Daniel Brouse March 12, 2025 The Perterson Report released an analysis of the Trump steel and aluminum tariffs imposed during his first term that are very similar to the tariffs that went into effect today. In his last term, the result was a net loss of 75,000 manufacturing jobs and each job ‘saved’ cost […]
Posted in Agriculture, Business, Energy, Environment, Finance, Government, International, Politics, taxes
Tagged economy
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The Great Depression vs. The Climate Crisis: Why the Stock Market May Never Recover
by Daniel Brouse March 10, 2025 Stock Market Recovery After the Great Depression The Great Depression, which began with the stock market crash of October 1929, led to an unprecedented economic collapse. The Dow Jones Industrial Average (DJIA) plummeted from a peak of 381 in September 1929 to a low of 41 in July 1932—an […]
Posted in Business, Finance, freedom, Global Warming, Government, Politics, taxes
Also tagged climate change, real estate
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