Category Archives: Economy
When Nordstrom dropped Ivanka Trump’s fashion line, President Trump tweeted. He accused the company of treating his daughter unfairly.
Trump isn’t the first president to defend his daughter. A Washington Post music critic once gave Margaret Truman a bad review for a singing performance. Her father, President Harry Truman, gave him hell:
In response to Washington Post Music Critic Paul Hume’s December 6, 1950, review of Margaret Truman’s singing performance at Constitution Hall, stating,
“Miss Truman is a unique American phenomenon with a pleasant voice of little size and fair quality (she) cannot sing very well is flat a good deal of the time�more last night than at any time we have heard her in past years � has not improved in the years we have heard her � (and) still cannot sing with anything approaching professional finish.”
President Truman responded with the following letter to Hume:
THE WHITE HOUSE
Dec. 6, 1950
I’ve just read your lousy review of Margaret’s concert. I’ve come to the conclusion that you are an “eight ulcer man on four ulcer pay.”
It seems to me that you are a frustrated old man who wishes he could have been successful. When you write such poppy-cock as was in the back section of the paper you work for it shows conclusively that you’re off the beam and at least four of your ulcers are at work.
Some day I hope to meet you. When that happens you’ll need a new nose, a lot of beefsteak for black eyes, and perhaps a supporter below!
Pegler, a gutter snipe, is a gentleman alongside you. I hope you’ll accept that statement as a worse insult than a reflection on your ancestry.
President Trump has suggested Mexico will pay for the wall through a 20% Border Adjustment Tax. You could call it a wall tax but it’s not Mexicans who will pay.
Washington Post blogger Ezra Klein, a supporter of ObamaCare, called the launch a big failure.
And Forbes says, “ObamaCare’s website is crashing because it doesn’t want you to know how costly its plans are.”
ObamaCare Failure to Launch
Even Robert Gibbs wants people fired
President Obama banned oil drilling in parts of the Atlantic and Arctic Oceans. His proclamation is permanent and irreversible. The president says he derives this power from the Continental Outer Shelf Land Act.
He commanded the planet to heal and the oceans to slow their rise eight years ago. So this would seem a minor extension of his mandate.
But not everyone agrees he has the power to enforce his will on future presidents and Congresses. Here’s Kevin Williamson in National Review:
Legally speaking this is, as Professor Patrick Parenteau of Vermont Law School wryly put it, “uncharted waters.”
Awesome Beautiful Presidential Power
David Harsanyi in The Federalist agrees the president can’t have have his way with those who come after him. But he fears that future presidents may not want to overturn Obama’s will. So much the better to expand their own awesome beautiful presidential power:
So Republicans could likely overturn this diktat as they can the rest of Obama’s rickety legacy, predominately built on circumventing the law-making branch of the United States government. The problem is that Trump (and anyone else who comes along) has little reason not to adopt Obama’s unprecedented use of the executive power.
In his 1996 State of the Union speech Bill Clinton signed the death certificate for the era of big government. He went on to challenge Congress to send him a welfare reform bill. Congress did just that and he signed it.
But Big Gov was Rasputin-like. According to the Cato Institute federal spending grew 60% during the George W. Bush years. Then in 2012 Barack Obama killed Clinton’s signature Welfare reform and Rasputin was back.
Hillary Clinton, pushed to the left by Bernie Sanders and Elizabeth Warren, campaigned to expand the Big Government command and control economy even further. But she lost.
Big Government RIP?
So Rasputin is dead again.
Now what’s this Donald Trump trillion dollar stimulus plan all about?