Getting a Trade Deal with China

Prospects of a trade deal with China are unclear. I’ve always believed there will be an agreement—and I still do—but it will require a lot of compromise. If you think about the ongoing negotiations as a poker game, both sides still hold valuable cards. Here’s how I see it. The U.S. is in an overall […]

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Young Americans and Socialism

Before Bernie’s rise in the 2016 primary, most of capitalism’s opponents tried to stake out a “middle ground” between markets and socialism. Their healthcare proposals (like Obamacare) claimed to seek universal coverage in partnership with the private sector. Their tax proposals emphasized rate hikes on the top 1% of earners. They seemed less interested in […]

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A different take on the college admission scandal

The ongoing college admission scandal at the University of Southern California, Georgetown, and other universities has exposed the hypocrisy of some of the elites in our society. The story has been reported widely, but I want to address two angles that I’m not hearing discussed elsewhere. First, college admission decisions should be as clear and […]

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The widening trade deficit

The US Trade Deficit rose to $621 billion from $1027 to 2018 while the merchandise trade deficit with China increased to $419 billion. It’s interesting to see how this issue is mischaracterized by those on the left. In fact, many of the same media pundits who claimed that the President’s focus on lowering the trade […]

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Huawei’s dismal PR effort

Huawei purchased a one-page “open letter to the US media” in yesterday’s Wall Street Journal: “Don’t believe everything you hear. Come and see us.” The Chinese company is attempting to repair its image and deflect pressure from the Trump administration. https://twitter.com/AdamJanofsky/status/1101141848578506752 In an interview this morning with Fox Business anchor Maria Bartiromo, Huawei’s Chief Security […]

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Why Amazon Doesn’t Love NY

On Thursday, Amazon abandoned its plan to build a large campus in Queens and allegedly create 25,000 jobs for New Yorkers. The original deal involving $3 billion in government “incentives” was considered an economic victory by Mayor Bill de Blasio and Governor Andrew Cuomo but was derailed by a huge backlash from progressive activists and […]

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Takeaways from Venezuela

If you have been following my blog, the ongoing chaos in Venezuela was entirely predictable. It remains the most underreported story on legacy media. Here’s an abbreviated storyline: Nicolás Maduro recently won reelection in a sham vote. Two weeks after he was sworn in for a second term, Juan Guiadó assumed the interim presidency, citing […]

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Politics vs. Policy

Our founders created a system of limited government to minimize our dependence on Washington. They were pragmatic, but they never intended that policy be dictated by politics. Things have changed. With a national debt of $22 trillion, unfunded liabilities exceeding $200 trillion, and U.S. troops stationed all around the world, separating politics from policy is […]

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Facebook’s dubious commitment to privacy

Facebook founder and CEO Mark Zuckerberg has received constant criticism for his condescending view of consumer privacy. As reported in the Wall Street Journal, the U.K. Parliament last week released a trove of internal Facebook emails that suggested the tech giant provided special access to user data to certain third-party developers. Several years prior, the […]

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Amazon’s Headquarter Decision

I addressed Amazon’s new $15 minimum wage in my last 2 posts. After attributing the wage hike to the firm’s commitment to social responsibility, CEO Jeff Bezos announced plans to lobby Washington to require his competitors to pay $15 as well. Last week, Amazon announced its plans to build two new headquarters in Long Island […]

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