Trade War Fears

Source: EconLog
by Jon Murphy

“The team that built the setting [for the movie Blade Runner imagined 2019 Los Angeles as heavily Japanese. Japanese food dominates the culture. The Japanese language is written on signs. Japanese corporations dominate the skyline. Even the Tyrell Corporation was originally imagined as a Japanese conglomerate in early drafts of the film. Why Japan? Simple: Japan was a rising economic influence and a supposed threat to American economic power in the 1980s. … Since about 2010, the same fears have arisen with China. … It’s the same claims of coming economic dominance by state-run conglomerates and the superiority of industrial policy. America must be afraid, must capitulate to these supposedly superior foreign powers, must adopt their systems, lest we be overrun. And just like with Japan, these fears are obsolete even as they are made.” (03/12/25)

https://www.econlib.org/trade-war-fears/

When Dissent Becomes a Crime: The War on Political Speech Begins

Source: Rutherford Institute
by John & Nisha Whitehead

“ou can’t have it both ways. You can’t live in a constitutional republic if you allow the government to act like a police state. You can’t claim to value freedom if you allow the government to operate like a dictatorship. You can’t expect to have your rights respected if you allow the government to treat whomever it pleases with disrespect and an utter disregard for the rule of law. There’s always a boomerang effect. Whatever dangerous practices you allow the government to carry out now—whether it’s in the name of national security or protecting America’s borders or making America great again—rest assured, these same practices can and will be used against you when the government decides to set its sights on you. Arresting political activists engaged in lawful, nonviolent protest activities is merely the shot across the bow.” (03/12/25)

https://www.rutherford.org/publications_resources/john_whiteheads_commentary/when_dissent_becomes_a_crime_the_war_on_political_speech_begins

Francis marks 12 years in papacy from hospital amid uncertain future

Source: France 24 [French state media]

“Pope Francis marks 12 years as head of the Catholic Church on Thursday, seemingly out of danger after a month in hospital but with his health casting a shadow over his future. The 88-year-old was for a time critically ill as he battled pneumonia in both lungs at Rome’s Gemelli hospital, where he was admitted on February 14. The Argentine’s situation has markedly improved since then, with the Vatican confirming his condition as stable on Wednesday evening, and talk is now turning to when he might go home. But his hospitalisation, the longest and most fraught of his papacy, has raised serious doubts about his ability to lead the world’s nearly 1.4 billion Catholics.” (03/13/25)

https://www.france24.com/en/europe/20250313-pope-francis-health-church

Trump threatens 200% tax hike on American drinkers

Source: CNN Business

“President Donald Trump on Thursday threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily get out of hand. In a post on Truth Social, Trump said his administration would impose a 200% tariff on alcoholic beverages from the EU unless it rescinds the 50% tariff the European government imposed Wednesday on US spirits. … After Trump’s 25% tariffs on aluminum and steel went into effect at midnight Wednesday morning, the EU immediately retaliated against what it called an ‘unjustified’ trade action from the Trump administration. The EU’s countermeasures included tariffs on €26 billion ($28 billion) worth of American goods, including tariffs on boats, bourbon and motorbikes. The measures, which are set to go into effect in April, are ‘swift and proportionate,’ the EU said in a statement.” (03/13/25)

https://www.cnn.com/2025/03/13/business/alcohol-tariffs-eu-trump-trade-war/index.html

Mega Events Fail to Deliver: World Cup Edition

Source: Show-Me Institute
by Patrick Tuohey

“Every few years, cities fall into the same trap. A major event — whether it’s the World Cup, the Olympics, or the Super Bowl — gets dangled in front of local leaders like a golden ticket. The promises, as we are hearing time and again as Kansas City gears up to host some games in the 2026 World Cup, include floods of tourists, economic growth, and a new era of prosperity. The reality? A financial hangover that lasts long after the final whistle blows.” (03/12/25)

https://showmeinstitute.org/blog/subsidies/mega-events-fail-to-deliver-world-cup-edition/

ND: Legislature close to asking SCOTUS to reinstate marriage apartheid

Source: NBC News

“North Dakota lawmakers are on the verge of making their state the first to tell the U.S. Supreme Court to overturn its decade-old ruling that legalized same-sex marriage nationwide. Similar efforts — which would not have any direct sway with the nation’s top courts — have been introduced in a handful of states this year. North Dakota’s resolution passed the Republican-led House in February but still requires Senate approval, which is not assured. … The North Dakota measure states that the Legislature ‘rejects’ the 2015 Obergefell v. Hodges decision and urges the U.S. Supreme Court ‘to overturn the decision and leave unaddressed the natural definition of marriage as a union between one man, a biological male, and one woman, a biological female.'” (03/13/25)

https://www.nbcnews.com/nbc-out/out-politics-and-policy/north-dakota-legislature-close-asking-supreme-court-undo-landmark-gay-rcna196202