Economy
The Art of the Deal? Maybe not this time.
It’s starting to look like the ballyhooed bailout of Argentina’s troubled currency is a deal not working in our favor. Perhaps someone should donate a copy of Mr. Trump’s self-help book to the negotiators involved? According to a photo of a private text on the phone of Treasury Secretary Scott Bessent, Argentina responded to the […]
Trump: Congressional Budget Office admits that the tariffs reduced the deficit by $4 trillion dollars
President Donald Trump took to Truth Social to announce that the Congressional Budget Office (CBO) has admitted that the tariffs have reduced the deficit by $4 trillion dollars. The CBO initially reported the negative effects that the Big Beautiful Bill would have. The CBO and others did not appear to want to acknowledge the good […]
Bill Maher admits to getting it wrong about President Trump’s tariffs
Earlier in the year, Bill Maher, along with other Democrats and liberals, predicted that President Donald Trump’s tariffs would tank the American economy. However, while on a progressive YouTube podcast, Maher admitted that he got it wrong. Instead of the economy tanking, Maher admitted that the economy was doing good and that people were not […]
Canada responds to Trump with tariffs on manatee meat, flamethrowers, and other items
In response to President Trump’s tariffs on Canadian products, Canada imposed a 25 percent tariff on approximately 1,800 American products. Examples on the list include false beards, church bell cases, passenger drones and live monkeys. If you’re a Canadian and want to purchase accordion parts, bovine semen, and emus, you’ll have to pay more. Canada […]
The H-1B skilled-worker program, bringing in talent or displacing Americans?
Elon Musk and Vivek Ramaswamy are championing the use of the H-1B skilled-worker visa programs to bring in talent. One argument they advanced is that we are competing against other countries in artificial intelligence development and in other technology arenas. To be able to compete with these other countries, one of the things we need […]
Delta suing over software problems
And, more on the question of software, Delta is suing cybersecurity firm Crowdstrike over its outage last summer which, it claims, caused Delta to cancel over 7,000 flights, and cost the company $500,000,000. The airline is asking for compensation and punitive damages from the outage, which started with a faulty update sent to several million […]
John Deere faces boycott calls after laying off workers while also moving operations to Mexico
John Deere recently announced a round of layoffs; almost 300 individuals across two states. This year, John Deere has laid off approximately 2,100 workers. This company is also planning on moving its operations to Mexico. Farmers criticized the company’s move to lay individuals off while also looking to Mexico. John Deere responded that these layoffs […]
Shipping port strikes could send prices up
As of the scheduling of this posting, union workers working at ports on the Atlantic and Gulf Coast have declared the intent to start their strike on October 1, 2024, assuming an agreement is not made by then. Both sides of the dispute are currently at an impasse over port automation and wages. This strike […]
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