Friday, June 5, 2026

Subsidiarity Economics 2026. The Times more or less locally, Part 4. Economics in the Dementia Ward.


May 1, 2026

We're constantly told that tariffs are good for everyone.  But then monarchs come and they're lifted.

He's lost his mind.

Cont:

May 3, 2026

Discount airline Spirit dissolves.

 It was a victim of high aviation fuel, something brought about by Donald Trump's illegal attack on Iran.


May 4, 2026


This has been in the news for awhile, but I haven't posted it yet.

Frankly, the impact of pipelines is mostly in their construction, to it's temporary.  At least for the state.  These pipelines tend to transport Canadian oil, so the impact is less than it might seem.

And the state has got to get over its addiction to petroleum.

Regarding petroleum, the U.S. is now exporting a record amount due to the war with Iran, which doesn't help U.S. citizens whatsoever, as it cause the price of the product to rise, and accelerates U.S. depletion of the resource.  Export of it, save for conditions in which the petroleum cannot be refined here, should be banned.

For that matter, as a resource that nobody contributed to putting in the ground, some thought should be given to nationalizing the resource in some fashion.

Some members of Congress are threatening to ban the import of Chinese electric vehicles as the GOP searches for ways to make a bad situation worse.

May 7, 2026

Headline:

Trade Court Rules Trump’s 10% Global Tariff Is Illegal

A panel of federal judges found that President Trump could not legally impose the tariff on most imports.

No surprise whatsoever.

Anyhow, now this money will have to be refunded too. And Mad King Donny still hasn't refunded the money owed from the last such ruling.

May 13, 2026

Inflation rose to 3.8% last month with the fastest rise in prices in three years, caused by an illegal war with Iran which the demented Mad King Donny has no idea how to end.

Mad King Donny has gone to China.  It'll be a disaster. The best possible result would be if he just gets lost over there, thinks the Chinese babes are cute, decides to marry one, and stays.

June 4, 2026

Casper's car radio store, Car Tunes, is closing after forty years.

And now this:



As an Agrarian, I really hate this.

June 5, 2026

And another one I hate:

If we're going to be Socialist in regard to coal, which we shouldn't be, why not just nationalize the industry?  I ask this seriously, as now we're spending public money on a dying industry.

And not one that's just dying, the rest of the world is racing beyond fossil fuels while the ancient leaders of the United States continue to believe its 1954.

With this pathetic news, we'll start a new edition of this thread.

Last edition:

Subsidiarity Economics 2026. The Times more or less locally, Part 3. The Wharton Way.

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