Authored by Ryan McMaken via The Mises Institute,
In February, David Stockman pointed out that the Trump administration appears none too interested in addressing many of the economic issues that Trump claimed would be at the center of his administration. Instead, Stockman noted, Trump spent all his time obsessing over his travel ban — which he still can't get beyond the courts — and other non-economic issues. Stockman noted:
In a striking development involving the rapidly changing North Korean geopolitical situation, moments ago Voice of America reporter Steve Herman stated that according to US government and other sources, North Korea has "apparently placed a nuclear device in a tunnel and it could be detonated Saturday AM Korea time."
US gov’t and other sources say #DPRK has apparently placed a nuclear device in a tunnel and it could be detonated Saturday AM #Korea time.
— Steve Herman (@W7VOA) April 12, 2017
Blink, and you missed Trump's blistering, seamless transformation into a mainstream politician.
In the span of just a few hours, President Trump flipped to new positions on several core policy issues, backing off on no less than five repeated campaign promises.
In a WSJ interview and a subsequent press conference, Trump either shifted or completely reversed positions on a number of foreign and economic policy decisions, including the fate of the US Dollar, how to handle China and the future of the chair of the Federal Reserve.
The following article by David Haggith was published on The Great Recession Blog:
During the first several years of the Fed’s “recovery” program, bankers denied that banks were the primary drivers of the stock market bull. Then, a little over a year ago, the Fed’s Richard Fisher confessed what everyone in the alternative financial media already knew — the nation’s central bank was “front-running the stock market” in order to “create a wealth effect.”
After repeatedly calling NATO 'obsolete' during the 2016 campaign cycle, President Trump will be joined shortly by NATO Secretary General Jens Stoltenberg for their first joint press briefing. Trump is expected to discuss America’s "100% commitment" to the alliance but is also expected to reiterate his calls for all NATO member states to increase military spending to 2% of their economic output to strengthen the alliance’s long-term capabilities and reduce the economic burdens on the Unites States. The Express reported earlier on comments made by a White House official regarding today's m