Any living US adult who even remotely pays attention to the news should be aware, and likely desensitized to, news about North Korea. While little more than a chapter in most US history textbooks, the North Korean threat to South Korea – and the world – is very real. Furthermore, the North Korean threat to... Continue Reading →
Tariffs 2.0 – Will Manufacturing Jobs Come Back?
One of Trump's many claims has been that the tariffs will help bring manufacturing jobs back to the United States. With the steel tariffs being delivered on the question then becomes, will steel manufacturing jobs come back to the United States? There is a perception that the United States has lost its manufacturing sector. Every... Continue Reading →
Why Trade Wars Are Bad Ideas
Trade wars are usually inadvisable, if they can be avoided. Like most 'wars' they tend to have hidden costs, abundant problems, and unintended winners (and losers). The goal of levying tariffs on items is to protect domestic manufacturers and jobs. For instance, by punishing foreign steel imports with tariffs (or taxes) it creates an... Continue Reading →