Sep 13, 2018
A much better way than imposing tariffs would be the gradual imposition of quotas on certain products as means to reduce the quantity of imports from China. This of course should be done gradually.
Aug 30, 2018
It is interesting that China finally reverts to a capitalistic system, where one only builds equipment in the hope of future profits, and not to please politicians.
Aug 2, 2018
One has to see it in proportion, it is still reasonable compared to Japan with 235 percent, Greece at 181 percent and Italy at 132 percent of their GDP. Even Singapore, a well governed and prosperous mini-state, has a national debt of 110 percent of GDP.
Jul 3, 2018
The Chinese Communist Party keeps the population content by trying to increase the standard of living and provide employment. They maintain a major share manufacturing in state hands, thus providing a buffer in order to avoid the typical ups and downs of western economies. This requires bureaucrats.
May 31, 2018
Recently President Trump announced his intention to impose high tariffs on $50 billion of imports from China with the aim of reducing our trade deficit.
May 18, 2018
You're glad you at least have done your good deed to fight global warming. I surmise that the real purpose of this California law was to give a boost to the flagging solar panel productions of Mr. Musk and his liberal friends.
May 4, 2018
For every very intelligent machine replacing a worker, there are still workers needed to build those machines. My advice to my readers is: Sleep well, then for every blue collar worker’s job replacement, there will be another person added.
Mar 23, 2018
A 25 percent duty on steel has the unintended consequence that it will raise the domestic cost of steel by 25 percent.