Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Wednesday, June 5, 2019

The Two Front Trade War

This is an excellent summation of both why the China tariffs are - surprise! - a big giveaway to corporate interests and why the Mexico tariffs might be overturned in Congress.

TL;DR: Congressional Republicans are slaves to corporate America and corporate America wants a trade war with China and not with Mexico.

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