Now there is no doubt that passing USMCA would lift the uncertainty that is plaguing trade and investors today. But that’s a much different argument than saying that USMCA would make the economy stronger. Besides, this uncertainty was entirely produced by Mr. Trump, fueled by his desire to destroy all things free trade in America.
Contrary to what the minority leader believes, the surest way to make our economy stronger would be for President Trump to end his idiotic trade war.
Desmond Lachman writes about Mr. Tariff Man’s economic madness. A slice:
It is said that those whom the gods wish to destroy they first make mad.
Judging by President Trump’s recent decision to breathe new life into the world trade war despite the presidential election now being less than one year away, it would seem that the gods are conspiring to destroy him. This would especially appear to be the case considering that if there is one thing that can precipitate a U.S. economic recession next year, it is an escalation in the world trade war.
James Pethokoukis talks about modern mass prosperity with the great Steve Davies.
“Transferism, Not Socialism, Is the Drug Americans Are Hooked On”
Arnold Kling reviews Dan Moller’s Governing Least.