I was in Washington this week and had a chance to read a bunch of material regarding the tariff plan. The notion of expanding employment in the U.S. with these tariffs is really silly. It is clearly the case the primary metal production employment has been on the decline as seen here.
A bit of a wonky discussion on the radio today with the guest host. Policy stances for both fiscal and monetary policy were the major topics, mostly with relations to stock price movements. I could talk policy all day, as I did for most of the hour on the radio.
The three frequent readers of my blog over the last several months probably noticed a repeating theme to my posts: population. A logical question to ask would be, why this focus? Quite frankly, and this is my opinion, population is the root of economic activity and the very economic actors we attempt to model.
This is not a rant about healthcare legislation, or a lack thereof. It is not even about the ill-conceived sequencing of healthcare legislation and tax reform. My take is that tax reform was more important, would give a chance to generate some bipartisan efforts that could be exploited going forward. I will admit I did not anticipate a leadership crafting bills in secrecy from even their own rank and file.