US federal budget actuals and what they imply for the second Trump term

During the 2024 US Presidential campaign, and in its immediate aftermath, a lot of words were expended both by Trump himself, and especially by Trump’s newest billionaire ally, Elon Musk, on the subject of the federal budget deficit and how this could, or, more stridently, would, be remedied. The anti-China tariffs, for example, were supposed […]

What would new tariffs against China actually accomplish?

One of the centerpieces of Trump’s 2024 Presidential campaign was his promise to, once in office, enact a harsh across-the-board tariff against all Chinese imports into the US. As he repeatedly made the case in his campaign appearances, doing so would, on the one hand, restore America’s long-lost industrial base by protecting it against Chinese […]