As everyone should know, tariffs are just consumption taxes. Other countries don’t pay them. Importers don’t pay them. The extra cost is just added to the retail price. “As of 12:01 am ET on Saturday, most auto part imports will come with a 25% import tax. “The previous auto tariffs left US-made cars untouched. Not […]
An overview of recent KFF polling on the public’s views of and connections to Medicaid, the federal-state government health insurance for certain low-income adults and children and long-term care program for adults 65 and older and younger adults with disabilities. In the end, it appears America is quite happy with Medicaid and are not prepared […]
Republicans chose the worse alternative for strengthening Social Security. Instead Bisignano will be implementer of Social Security’s demise. Democrats need t really step back and do whatever is necessary to block this appointment. More recently than the April 14 commentary by Nancy Altman is this later article on Social Security. Although Trump says nothing will […]
“Nancy Altman testifies in Congress on the importance of strengthening Social Security,” JustCare, April 16, 2024 Not exactly the person one might want to protect Social Security as it is today. Nancy Altman has suggested . . . The right way is to require millionaires and billionaires to pay their fair share. If they contributed […]
Being XMilitary (Sgt. E-5 USMC) does not give me a pulpit from which to demean those who were not involved in the late sixties. I think at times those who fled the country to avoid military service were brave. More than likely, they would never be able to return to the US and they gave […]
“As Trump passed the 100-day mark in office last week, the White House touted a growing list of more than 50 announcements by private companies since Jan. 20 to invest more than $5 trillion in the United States. Trump boasted about them Tuesday during an Oval Office meeting with the new Canadian prime minister. “The […]
As presented: – by Bill McBride CalculatedRisk Newsletter Here is the ICE April Mortgage Monitor report (pdf). Press Release: ICE Mortgage Monitor: First-Time Homebuyers Comprise Record Share of Agency Purchase Lending in Q1 2025 Intercontinental Exchange, Inc. … today released its May 2025 Mortgage Monitor Report, which delves into the rising share of first-time and Gen Z homebuyer […]
– by New Deal democrat Back in March I took a look at how producers and consumers reacted to periods of high political policy uncertainty, concluding that usually in the past consumers had reacted first, somewhere between almost simultaneously to with a one quarter delay, and producers reacted afterward to the downturn in demand by cutting back […]
“Which states contribute the most and least to federal revenue?” USAFacts All states—and their taxpayers—send money to federal coffers. The government distributes much of this back to states, but some receive more money than they contributed. This shapes how money flows through Social Security, Medicaid, and infrastructure projects nationwide. Source: IRS, USASpending.gov – Get the data – […]
I see where Trump has tweeted on his Twitter knock-off Pravda Social that the number of foreign-made films imported to the US is a “national security threat.” He wants to use this as an excuse to impose a 100% tariff on foreign flicks. This elasticity in the definition of “national security” could be made to […]