- From Paul Krugman: Why Aren’t Markets Freaking Out?
- Via The Handbasket: Federal agent during violent DC arrest: “Liberals already ruined” this country.
- Via The Atlantic: Show Me the Person, and I’ll Show You the Crime.
- Via the Seattle Times: Federal agents arrest firefighters working on WA wildfire. “It is unusual for federal border agents to make arrests during the fighting of an active fire, especially in a remote area.” Gee, you don’t say?
- Via Politico: Trump administration plans to limit how long foreign students can study in the US. I continue to marvel at the stupidity of making getting a US degree less and less attractive. It is yet another example that xenophobia trumps all other factors. (See also, arresting people while fighting fires).
- Via Politico: ‘We’re trapped’: Trump’s tariffs lock US businesses in China. Brought to you by the party of entrepreneurs and small business.
That squeeze is creating an existential crisis for many small- and medium-sized American retailers. While big-box stores have the market power to negotiate lower prices from suppliers and the capacity to absorb a chunk of the tariff costs, that approach is not sustainable for more specialized companies.
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Author: Steven L. Taylor
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