Category Archives: Economy
Driverless Cars Eliminate Human Error
A woman walking her bicycle was hit and killed by a driverless Uber. So Uber and Toyota stopped testing driverless cars. But GM still says it will have a sans driver fleet on the road in 2019.
Human Error
Meanwhile The Atlantic estimates driverless cars could save 300,000 lives per decade. Most vehicle accidents involve human error so why not eliminate the the human? Well, that’s one thing autopilot has done so far – eliminate humans.
March Against Guns
Students plan to walk out of American high schools on March 24 to march against guns. They feel common sense measures will prevent gun violence.
March Against Guns
LL Bean, Dicks, Walmart and Kroger seem to agree. So they’re raising their minimum gun purchase age to 21.
Trumponomics
President Trump yesterday announced a 25% tariff on imported steel. Good news for American steelmakers but not so good for American Steel users. He also slapped aluminum with a 10% charge.
The news came as a surprise to the stock market. The Dow displayed its displeasure with Trumponomics by tanking 420 points. And it opened this morning down another 320.
Trumponomics: Tax Cuts and Tariffs
The news from Dan Henninger in the WSJ yesterday morning (before Trump’s announcement) was that the president is obsessed with jobs.
Every president claims to be a jobs president, but after a year it is becoming clear that this may be the only thing Donald Trump thinks about. He may even impose tariffs soon on imported steel, seeing only the protected jobs in front of him and missing the larger loss of jobs in steel-using industries.
But the bigger surprise might be that Trump’s keeping his campaign promises, from tax cuts to tariffs.
The End is Coming
Republicans pushed through a pro growth tax cut. But then they passed a budget full of deficit spending. On Face the Nation Rand Paul called his party hypocritical.
The End is Coming
Kevin Williamson at National Review calls Senator Paul “fantastically bitchy.”
But he also says “the end is coming.”
Stock Market Whiplash
The economy’s too good. The beer’s too cold. The stock market is suffering whiplash.
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