House Republican leaders signaled on Monday that they would not support President-elect Donald J. Trump’s threat to impose a heavy tax on companies that move jobs overseas, the first significant confrontation over the conservative economic orthodoxy that Mr. Trump relishes trampling. “I don’t want to get into some kind of... Leer más
What were they thinking? We know white evangelical Protestants voted for Trump in big majorities, somewhere in the neighborhood of eight out of ten. But why? One type of institution has done more than any other to shape evangelical thinking, and its history can offer us a vital clue. On... Leer más
I was swimming in the public pool near my house on Veterans Day, November 11, 2016, a few days after the presidential election. The pool is divided into lanes and swimmers are expected to swim in their lanes. The pool was very crowded because of the holiday. A white man... Leer más
Since the end of World War II, the hierarchy of economic priorities has been relatively clear. At the top was creating an open, innovative, and dynamic market-driven global economy, in which all countries can (in principal) thrive and grow. Coming in second – one might even say a distant second... Leer más
If Donald Trump understands anything, it is the value of bankruptcy and financial recycling. He knows all about success via strategic defaults, followed by massive debt write-offs and the creation of assets from liabilities. But does he grasp the profound difference between a developer’s debt and the debt of a... Leer más
President-elect Donald Trump fired another warning shot Sunday at U.S. companies considering moving their operations out of the country, threatening «retributions or consequences» such as a hefty border tax if they do. The pronouncements came in a string of early morning tweets. Trump declared that he intends to incentivize businesses... Leer más
en Donald Trump takes office, he says, one of his first acts will be to pull out of the Trans-Pacific Partnership, a proposed trade deal with 11 other nations. Illinois farmers and factory owners are dismayed. China’s thrilled. What does that tell you about the wisdom of Trump’s decision? Let’s... Leer más
Steven Mnuchin and Wilbur Ross popped by CNBC’s Squawk Box on Wednesday morning to confirm that President-elect Donald Trump had selected them to serve as his secretaries of Treasury and Commerce, respectively, and in the process they managed to make a little bit of news. Apparently, the Trump administration isn’t planning to... Leer más
The presidents of Peru and Chile warned Wednesday of the risks of protectionism for their countries’ economies and pushed for greater regional integration and the opening of markets. «What we’re seeing is a gray cloud approaching called protectionism, which was hidden and now has reappeared … with the ‘Brexit’ and... Leer más
If democracy means the majority rules, the Electoral College is an undemocratic institution. Twice in the last five elections it has delivered the White House to the loser of the popular vote. In 2000 it gave the nation George W. Bush. Two weeks ago it gave us Donald Trump, although... Leer más
