“If I considered Trump more heroic than reason and facts could allow, I would say his Sisyphean predicament has the whiff of Greek tragedy to it. Trump is vexed by the fact that the Iranians won’t honor deals or ratify his countless premature claims of victory — giving new meaning to his vow that his presidency would make people tired of winning. It’s almost like they’re out-Trumping Trump.” (08/04/26)
“Let’s take a moment to read some actual words posted on social media by the actual president of the United States of America. On Aug. 3, Donald Trump wrote on Truth Social: ‘My REAL Polling Numbers, not those made up by the Fake News Media, are the best they have ever been.’ It’s an insult to fiction to call that fiction. I’m not sure what you call something more fabricated than fiction – maybe ‘ludicriction’? – but that’s what Trump’s words are. … Trump isn’t living in reality. He’s not allowing real numbers or facts about war or struggling Americans or high food prices to permeate his bubble. He’s living in a world where everything is amazing, and he’s to thank for all of it, and any claim otherwise is fake news.” (08/04/26)
“During a press conference yesterday, Trump had a Bush moment. An unidentified reporter asked Trump about the ‘record profits’ that Exxon and Chevron have supposedly seen. Trump complained that oil companies are ‘making too much money,’ while, in the next breath, touting himself as ‘a big free enterprise guy.’ … If Trump didn’t want oil and gas prices to rise, then he shouldn’t have started bombing Iran, the inevitable consequence of which would be to close the Strait of Hormuz, the chokepoint for roughly a fifth of global oil supply.” (08/04/26)
“In the month celebrating 250 years of red, white and blue, Americans were seeing plenty of red — and not just as part of commemorative trifectas or midterm forecast maps.” (08/04/26)
“The boat strikes haven’t made a dent in the flow of drugs into this country, nor was there ever any reason to believe that they would. Combating drug trafficking was the official excuse to start the killing, but it was always just an excuse. In the last ten months, the campaign has taken on a life of its own. It makes no difference to the president or Hegseth that the campaign is a failure on its own terms. They are killing these people at least in part to show their contempt for the law and to prove that they won’t be bound by it. They are testing to see how far they can go before they encounter serious opposition. There is no sign that the administration will stop killing civilians at sea unless it is forced to.” (08/04/26)
“The Articles of Confederation are often remembered as a failure. But their limits on taxing and commercial power offered greater protection for economic freedom than the Constitution that replaced them.” (08/04/26)
“Economics has a small stock of principles that a first-year student can recite and a Cabinet minister can forget within the hour. Incentives matter; Taxes change behaviour; Prices are signals. These are not obscure theorems. They are closer to proverbs, the kind of thing an intelligent teenager grasps within an afternoon. Yet politicians who could tell you the exact yield on a ten-year gilt will propose a policy that assumes people respond to subsidies but not to taxes, or that a price can be fixed by decree without anyone noticing. The puzzle is not that people are stupid. Despite obvious counter-examples, few politicians are. The puzzle is that intelligence and economic literacy are almost unrelated skills, and the political process actively selects against the second.” (08/04/26)
“After a stinging but widely expected loss at the U.S. Supreme Court, President Trump pressed his enablers to search, once again, for some law he could use to justify imposing new tariff rates on dozens of countries, both friends and foes alike. Yet no Trump policy has been a bigger economic and political failure than his tariffs, alienating other countries, harming U.S. businesses and, most importantly, enraging American voters.” (08/04/26)
“COVID-19 was a traumatic experience for our families, small businesses, schools, and country. Understandably, people don’t like thinking or talking about it. But we must. We now know, thanks to Sen. Rand Paul’s doggedness and Anthony Fauci’s supreme arrogance, which he freely expresses in his diary, that almost every decision made by the medical-industrial complex was exactly the wrong thing to do. Fauci has blown himself up, and almost overnight he has gone from hero to antihero. Politicians and the media didn’t take note of the fact that Fauci had a track record of hysterical and erroneous predictions about viruses before — he was, for example, the public health official peddling the nonsense about heterosexual AIDS. Instead, when Fauci went on TV in front of tens of millions of Americans preaching Armageddon and contradicting everything Trump was saying, he became a saint. No wonder Fauci developed a god complex.” (08/04/26)
