Say “No” to Nuclear Power Interventions

Iran president says ‘not seeking nuclear weapon’ 

An August 17, 2024 article, at oilprice.com, entitled, “A New Era for Nuclear Power in the US” describes US government funding and intervening to reopen closed or closing nuclear power electric generating plants (nuclear) to support their green transition policies from the 2022 Inflation Reduction Act (IRA). The IRA provides $6 billion financial support to … Read more

Tariff Increases vs. Tax Cuts

Tariff Increases vs. Tax Cuts

News feeds are stuffed full of reports and opinions about President Trump’s tariff increases on Mexico, Canada, China, and the EU. Then the add-on story is about the tax cut legislation—extending President Trump’s tax cuts to the coming years. The media is spinning the story as a political hot potato: can tariff increases make up … Read more

Trump’s Slush Fund

Trump’s Slush Fund

President Trump has announced his intentions for the government to set up a sovereign wealth fund. However popular the idea might be, it runs headlong into the realities of economic calculation and would soon deteriorate another government slush fund.