Wednesday, June 10, 2026

Subsidiarity Economics 2026. The Times more or less locally, Part 6. The screwworm edition.

Exports of petroleum products and capital goods jumped to record highs reducing the U.S. trade deficit. 

The capital goods item is interesting and I haven't seen it explained. That is a positive trend, if sustainable. The oil exportation one is not as it depletes a diminishing resource at the expense of U.S. consumers. A lot of it seems to be related to AI exports, which isn't necessarily good, aircraft production, and war related purchases.  If all that is correct, it won't be sustainable at the current levels, probably.

Screwworms have reappeared in Texas after a sixty year hiatus.  The Trump administration is blaming the Biden Administration, as that's its default thing to do, but the Trumpistas lifted protections that were in place and allowed importation of Mexican cattle via ports in a probable attempt to lower beef prices. This is likely to have the opposite effect.  It's a more likely cause, although there were concerns about animals moving across the border illegally during the Biden Administration.

Nobody has cited the weather, but it is spread by a fly, and that may very well have resulted to the spread of the flies range.

Last edition:

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

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