The National Debt at some point on August 21,
Republicans are flocking to decry it, after having participated in causing it.
They didn't cause it on their own, but they sure helped. And Trump has spent money like a drunken sailor.
Part of the reason that Trump spends this way is that Trump drank deeply of Peter Navarro's economic kool aide.
Navarro believes heavily in tariffs and Trump, whose always liked the concept of tariffs, but who appears to no longer understand how they work, liked what Navarro had to say.
Tariffs have always existed as a means of boosting local businesses. What they really are, is a species of sales tax. The concept is to make stuff coming in expensive so that people won't buy it, and will buy something made locally instead. That's about it.
The problem is that when you do that, you have to actually be making the things locally. Tariffs might have made good economic sense if the US had started easing them in during the late 1960s when the post World War Two economy started to fade. But we didn't, as we saw no need to.
By the 2020s, it's really a little bit late. In fact, it's way late. The world's economy is now highly integrated, surpassing the level that had only previously been obtained prior to World War One. We don't have what people complained about, for example, in the late 60s and early 70s of cheap Japanese products taking the market (something that wasn't anywhere near the threat it was imagined to be). What we have instead is an economy where anything serious has parts made all over the globe. Nothing you are using, if has multiple parts, was "made in America". It was made all over.
Given that, what tariffs really do is simply make everything more expensive. It'd take at least a decade for high tariffs to "bring back manufacturing", if it can do that at all.
Whether it can ever bring in jobs is questionable at this point. Since January 2025 the US has in fact lost manufacturing job, with about 75,000 departing . Trump likes to claim that new factories are springin gup all over the place. In fact, a factory construction boom peaked in 2024, under Joe Biden, and has been crashing since.
It may just be that it isn't the late 1890s any more.
So all the Trump administration has really done is ineffectively switched income tax for a national sales tax. It's hurting everyone, and it is largely illegal, resulting in a lot of the money being collected, having to be sent back out.
Congress can fix this, if it has the will. Republicans right now are pretending that they do, but with few exceptions, like Thomas Massie, they're rank cowards and voted for Trump's economic fantasies. It may take a Constitutional Amendment to force the matter, which at a bare minimum should provide that save in the time of war and bona fide emergency, the budget must balance and retire a portion of any built up debt, with taxes to automatically rise to balance any budget that isn't balanced.
What needs to be done first of all is to get the budget under control. That would technically be easy to do. And part of that needs to be a sincere effort to eliminate the debt. It's now completely impossible to do so rapidly, so it'll have to be done slowly.
On expenditures themselves, the Federal budget breaks out this way:
Social Security: 22%
Medicare: 15%
Net Interest (on the national debt): 15%
Health (including Medicaid): 13%
National Defense: 13%
Income Security: 10%
Veterans Benefits and Services: 6%
Social Security is in trouble due to slow down in population growth. Nothing can be done about that or should be. Medicare is in the same boat.
National Defense should be cut by 2/3s. That can be done by eliminating the insane level of weapons expenditures and by going to a reserve based defense. That'd help, but that won't accomplish everything, obvious. Military retirement age should be changed so that thirty years rather than 20 are the qualifying number. That'd help a bit.
Indeed, there are actually a fair number of Federal jobs that require twenty years in order to retire at some level. Save for policing roles and military ones,. Fed retirement should require thirty years and only be capable of being drawn when you reach 60 years of age.
And yes, this is a crisis.
So, you might perhaps note, you are a Distributist. Does this square with Distributism?
Overall it does. At one time I would have considered tariffs a policy option to address foreign manufacturing, but nothing fails like failure and its obvious that isn't the solution to that. Boosting U.S. manufacturing has to come some other way, and frankly technology is probably what would do it. Technological revolutions tend to bring industry to where they occur. Our problem here is that this is entirely in the hands of the super wealthy right now, who don't have your interest or that of the country's in mind.
Additionally, our current President is addled and looks back with romanticism on the past . He's actively working to destroy American industry as a result. Electricity is the future of transportation, not petroleum. Wind, solar and nuclear are the future of power generation, not coal (Trump does support nuclear). We need to really get with the program and we can do that through regulation. Phasing out fossil fuels should be an economic priority for obvious reasons, and an environmental one for obvious reasons, and a defense one for obvious reasons.
August 22, 2026
Another Trump Call For Imported Beef Riles Up Wyoming Ranchers
This is really an example of ranchers and farmers being members of the Leopards Won't Eat My Face Party.
Why ranchers and farmers vote for Republicans is beyond me. So they're getting screwed by Trump?
What did they expect?
U.S.-Canada trade talks collapse just before deadline for tariffs
Using debt to buy back debt:
We're in huge financial trouble.
August 23, 2026
Trade talks between the US and Canada ended and the countries are now in a trade war. Canada has made it clear that the US is about to suffer through energy imports.
August 24, 2026
From the CST:
Well boo hoo, cry me a river.
I'm a cattleman and frankly we're amongst the most reliably stupid voters for the GOP there is.
Vinegar Hill posted this yesterday:
The GOP's useful idiots in agriculture.
An old friend of mine who is a rancher has been somewhat active in this year's election cycle. He is, of course, a far right Republican.
I say of course as just about every rancher and farmer in Wyoming over the age of 40, and quite a few over the age of 35, are diehard right wing full blown MAGA Republicans. Below the age of 40 things start to change a lot. Most are Republicans, but a lot aren't diehard. They're Republicans the same way everyone in Wyoming is a Republican, pretty much. Generally conservative.
But above 40, they're in lockstep with Donald Trump.
My friend, this cycle, had a big Chuck Gray up near the DOT fence. This wasn't too surprising as his grandson works for Gray.* **
Well, now, all of a sudden the noted friend is posting on the disaster of letting foreign beef into the country. So are a bunch of other ranchers I know.
The Republican Party has been pretty much screwing ranchers and farmers since 1929. It was the Democrats who save farmers and ranchers during the Great Depression. Most small and mid sized ranches would have been utterly destroyed but for the Taylor Grazing Act.
The Trump Administration, for its part, looks at farmers and ranchers the way the Democrats once looked at African Americans, people who could reliably be counted on to vote for the party no matter what. In recent election cycles African Americans proved they were no longer reliable. So far, people in Agriculture aren't showing any thought at all.
Indeed, they're showing cognitive disconnected.
This morning I've seen all sorts of complaints from ranchers about how they're getting killed in this economy, as noted.
And now Trump's bringing in below market cost foreign beef.
No shit. YOU VOTED FOR IT.
Inflation, particularly of fuel, caused by Donald Trump's pet illegal war. The same with fertilizer costs.
WAKE THE CRAP UP.
The GOP is not coming to save you. It's coming to screw you.
Indeed, trade talks just broke off with Canada.
Double digit inflation, caused by a massive rise in energy costs, is about to occur.
Footnotes:
Gray has more affection for Trump than Natalie Harp and Melanija Knavs combined.
The grandson is an interesting case in and of himself. He's undoubtedly the first member of his extended family to go to university. He's in law school right now. He's also a diehard MAGA, and indeed, maybe even beyond that. Now the question of how that happens is another matter.
The common myth, and it is a myth, about young people in conservative homes is that they go to college, where they lose all of their values, and their faith, emerging hardcore screaming liberals if not Bolsheviks. This is, it is believed, because they're indoctrinated in college by leftist professors.
It's largely bull and in the scientific disciplines definitely bull. Majors in geology, for example, aren't going to have time for liberal indoctrination.
For that matter, majors in English probably don't either.
So what's going on here.
Well, a person from a really conservative Protestant background may in fact find a lot of what they learn in college shocking. The Earth isn't 5,000 years old. Evolution isn't a fib. Conquering the West wasn't bringing enlightenment to an oppressed people and, in fact, some of those being conquered where already Christian. The US isn't bestowed by God with a new Israelite like mission, and for that matter, the modern state of Israel does some outright horrible things.
Faced with that onslaught, young people are in fact faced with the choice of accepting that Pastor Jim back at his own do it yourself Evangelical Church is flat out wrong on a lot of stuff, and Mom and Dad are ignorant, or concluding that everything they're being taught is a fib.
Most will conclude, to some degree, that Pastor Jim is wrong on a lot, and that Mom and Dad are ignorant on a lot of stuff.
Now, I'll note, this shouldn't impact member of the Apostolic faiths at all, but in the US some Apostolic Christians are heavily Protestantized and have bought in, through ignorance, to a lot of what the Evangelical far right believes.
Anyhow, a lot of this is about to collapse on an enormous scale, as we'll soon see.
**There was a good Republican candidate running against Gray, Christensen. He had worked for the BLM.
Well, we're getting instead a Californian who worked for his daddy's radio station.
He's completely correct.
Cattlemen and farmers will sit around in gatherings and support Trump on every other horrible thing he does, and then they're surprised when he turns on them.
Now they can share the pain they helped bring about.
On Canada, the Canadian government is absolutely furious over demands that were made of the country, including that Canada abandon the use of French and that it agree to mirror the US's trade polcies.
One Canadian figure called the demands "insane".
This administration at this point is so stupid on these matters its indescribable.
August 25, 2026
It's pretty clear that the Trump administration has no idea whatsoever as to what it's doing.
Last edition:
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