Today is economics day

Check out Michael Hudson’s account of the mistake in Trump’s protectionism in the guest section and read my account of the disappearing US economy in the articles section.

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Trump’s Misunderstanding of Protectionism — Michael Hudson

Trump’s Misunderstanding of Protectionism Michael Hudson Trump’s series of threats this week was a one-two punch. First, he threatened to impose national security tariffs on steel and aluminum, primarily against Canada and Mexico (along with Korea and Japan). Then, he suggested an alternative: He would exempt these countries IF they agree to certain U.S. demands. But these demands make so…

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America Is Losing Its Economy

America Is Losing Its Economy Paul Craig Roberts From John Williams proprietary report: “Subject to Likely Downside Annual Benchmark Revisions this Coming Friday, February Industrial Production Jumped by 1.1% (0.9% Net of Revisions), Reflecting  improbable Strength in Manufacturing and Mining.  “Despite this perhaps premature report of industrial production gains, Given a Record 122 Months of Non-Expansion, Manufacturing Still Holds Shy…

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