US President on tariffs in SOTU address:
"As time goes by, I believe the tariffs paid for by foreign countries will, like in the past, substantially replace the modern-day system of income tax, taking a great financial burden off the people that I love."
I might have been a cynic but not unfounded
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its only 'artificial intelligence' if it comes from the l'intelligence region of France
otherwise it's just a sparkling word association machine
Can you link to a source or statement about this? Would like to read more
Meta used at least 16 of my books, and numerous articles, to help train the AI it will use to make billions.
Authors, search your name here:
www.theatlantic.com/technology/a...
Book cover that reads: HOLDING IT TOGETHER: HOW WOMEN BECAME AMERICA'S SAFETY NET JESSICA CALARCO
Book Giveaway!📚
In celebration of our latest episode, we’re giving away a copy of Holding it Together: How Women Became America’s Safety Net
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I recommend books like _Preying on the State_ by Venelin Ganev or _Stealing the State_ by Steve Solnick to understand the massively corrupt undermining of state power. www.cornellpress.cornell.edu/book/9780801... or www.hup.harvard.edu/books/978067...
Again, what T is doing here is a negotiating tactic whereby you set a term or demand in bad faith in a way that the other side now has to respond to it, despite the fact that it’s well outside what norms would allow in this type of negotiation.
I wonder what allies who share intelligence with the United States are thinking about how quickly this has happened. And in the case of USAID, with the complicity of the Secretary of State.
So Trump hurt America's relationship with Canada and made markets wobble all to "get" Canada to do things Canada had announced back in December in coordination with the Biden administration, do I have that right?
Oh, and Canada becoming the 51st US state.
"Trump said... he raised his concerns about U.S. banks operating in Canada– appearing to move the goalposts on his rationale for tariffs – on top of his persisting concerns about drugs flowing across the shared border, as well as the trade deficit."
www.ctvnews.ca/politics/art...
What is the goal of US #tariffs on Canada? President Trump has referenced: irregular migration at the border, US-Canada trade deficit, movement of fentanyl, and the presence of US banks in Canada.
www.ctvnews.ca/politics/art...
THIS is what I've been wondering about w/r/t the function of U.S. tariffs: "So if we are talking about moving from income taxes to tariffs, what we are talking about is moving from fairly progressive income taxes towards very, very regressive tariffs."
Regarding U.S. tariffs on Canada:
Screenshot of Donald Trump text post: "We pay hundreds of Billions of Dollars to SUBSIDIZE Canada. Why? There is no reason. We don't need anything they have. We have unlimited Energy, should make our own Cars, and have more Lumber than we can ever use. Without this massive subsidy, Canada ceases to exist as a viable Country. Harsh but true! Therefore, Canada should become our Cherished 51st State. Much lower taxes, and far better military protection for the people of Canada -- AND NO TARIFFS!"
Absolutely. Not to mention factoring in costs of retaliatory measures. It just *seems* as though the President thinks the tariffs will enable cost-saving/revenue-generating forces, and I wonder where those savings are intended to go
bsky.app/profile/cail...
Tariffs imposed on Canada and Mexico for "no good reason" =/= "no reason." Am I a cynic for thinking it's obvious that the "reason" is to ensure tax revenue (from the general population) while cutting income/estate/etc. taxes for the President's (wealthy) supporters? www.wsj.com/opinion/dona...
The US State Dept runs the largest train-the-trainer demining program in the world. It is very low cost and has HUGE impacts on local health/safety, agriculture, and housing space. Half the time they are mines/UXO that we (the US) put there, which we have an int’l law obligation to help clear.
With all the #tariff talk, I'm re-upping my chat with @vox.com on their Today, Explained #podcast last month. We talked about the ways governments respond to US tariffs and what happened in 2018 when the US imposed tariffs on Canadian products.
podcasts.apple.com/ca/podcast/t...
The mercantilism will continue until the [bribery] improves.
@mcopelov.bsky.social am I doing this right?
🚨NEW - Canada's National Security and Intelligence Committee of Parliamentarians has released its report on foreign interference and it is the most detailed and damning report yet. nsicop-cpsnr.ca/reports/rp-2...
Some highlights (lowlights?) below.
New H-Diplo/RJISSF roundtable on economic statecraft just dropped. networks.h-net.org/group/discus...
In the first - the state assets went back to the origin state (under different government). In the second - the seized assets (AFAIK) primarily came from Iranian individuals charged in US with sanctions evasion for moving Iranian state-owned assets.
Stay tuned for my book with that title!
One previous example is discussion of repatriating Iraqi state assets to Iraqi citizens around 2003 2001-2009.state.gov/e/eeb/rls/rm...
More recent example is seizing assets for a victims of Iranian-sponsored terrorism fund www.justice.gov/opa/pr/us-go...
💯 to all of this from @sjwrenlewis.bsky.social. And it also applies to the 🇺🇸 & the Eurozone. The zombie idea of the household analogy & the idea that arbitrary debt/GDP levels are hard economic constraints, instead of purely political choices over tradeoffs, never dies bc the media always laps it up
No. Way. www.nbcnews.com/politics/202...
If the border were open, they would be coming legally.
Since it's not, here's what "coming legally" looks like.
www.cato.org/blog/why-leg...