Since the Senate Majority Leader has closed down “the greatest deliberative body in the world” by invoking Rule XIX against Senator Elizabeth Warren, I take the opportunity to share what Mitch McConnell was so afraid to have heard.
A quote:
“Anyone who has used the power of his office as United States Attorney to intimidate and chill the free exercise of the ballot by citizens should not be elevated to our courts.”
Tax reform (DBCFT) will not pay for the wall. A remittances tax will not yield sufficient revenues, except perhaps over many years. What about a tariff?
Economic policy uncertainty as measured by the Baker, Bloom, Davis news-based index is definitely higher than pre-election.
Those are estimated amounts of currency undervaluation, using the Big Mac index and the Penn Effect as of July 2016. Guess which currency is 3.7%, and which currency is 50.2%.
Can we fund the partly see-through wall by taxing worker remittances?
On the occasion of Black History Month [1]:
“Frederick Douglass is an example of somebody who’s done an amazing job and is being recognized more and more, I notice.”
’nuff said.
Maybe something, maybe nothing.
From Draft Executive Order dated 1/23/2017:
…DHS and State Department to establish new standards and regulations for determining when aliens will become subject to the “public charge” grounds of inadmissibility and deportability (i.e., their likelihood of requiring public assistance after being admitted into the United States);
Today, we are fortunate to have a guest post written by Kadee Russ, Associate Professor of Economics at University of California, Davis, and formerly Senior Economist for International Trade, Council of Economic Advisers.
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The Bureau of Economic Analysis announced yesterday that U.S. real GDP grew at a 1.9% annual rate in the fourth quarter, well below the historical average of 3.1% per year, but close to the 2.1% average since the recovery from the Great Recession began in 2009:Q3.
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