Social Issues

Trump’s Declaration of War

Paul Craig Roberts

President Trump’s brief inaugural speech was a declaration of war against the entirety of the American Ruling Establishment. All of it.

Authored by Glenn Kessler, originally posted at The Washington Post,

The Fact Checker started during the 2008 campaign and then went on hiatus for the first two years of President Obama’s presidency before becoming a permanent Washington Post feature in 2011. All told, we’ve fact-checked more than 250 statements by Obama.

Budgeting can be difficult, particularly for expansive state budgets that require a ton of inputs to support 1,000s of line items each of which can result in massive variances depending on the development of various economic indicators like interest rates, commodity prices, etc. throughout the year.

Authored by Antonius Aquinas via Acting-Man.com,

No Country Can be Made Great by Devaluation

John Connally, President Nixon’s Secretary of the Treasury, once remarked to the consternation of Europe’s financial elites over America’s inflationary monetary policy, that the dollar “is our currency, but your problem.”  Times have certainly changed and it now appears that the dollar has become an American problem.

Bloomberg's survey of economic expectations has soared since Donald Trump was elected and at 56.0 in January, it is the highest since 2002.

This spike in 'hope' is occurring as the current economic situation is seen as deteriorating and, as the chart below suggests, this might be as good as it gets...

But this time could be different?