Source: Paul Krugman
by Paul Krugman

“Until recently the question of who pays tariffs wasn’t controversial among economists. The overwhelming consensus was that under normal circumstances tariffs — taxes on imported goods — are passed on to consumers in the form of higher prices. There are caveats and exceptions to this consensus, but these caveats are well understood and for the most part don’t apply to the tariffs imposed by the Trump 47 administration. Once tariffs became a centerpiece of Trump’s economic policy, however, views about their impact became politicized, and Trump supporters were obliged to echo his claim that foreigners, not U.S. consumers, bear the tariff burden.” (02/15/26)

https://paulkrugman.substack.com/p/who-is-paying-the-trump-tariffs

Source: Foundation for Economic Education
by Kimberlee Josephson

“Spring school picture day arrives with predictable rituals — the combing of hair, the practicing of smiles, and the filling out of order forms that get crumpled up in backpacks. This year, it brings something else: scrutiny. America’s largest school photography company, Lifetouch, has landed in the headlines this month after newly surfaced Epstein-related ownership-chain disclosures triggered parental anger. The facts remain contested, but the reaction is revealing. For many families, the controversy isn’t just about one vendor. It’s about the uneasy feeling that they never had a choice to begin with. Regardless of order form submission, pictures are typically taken anyway.” (02/15/26)

https://fee.org/articles/reputation-is-everything/

Source: The Realist Review

“Among the nine people Donald Trump named to his Board of Peace to run Gaza – which holds its first meeting in Washington DC February 19 – is billionaire private equity operator Marc Rowan. The board’s stated tasks include establishing financial controls and managing the reconstruction of a Gaza. You might think a savvy financier would bring solid credentials to such a job. You would be wrong. Let’s start with the obvious: this ‘Board’ is little more than a colonial operation—a modern day version of the British East India Company. And Marc Rowan is a perfect avatar for such an operation. Rowan runs Apollo Global Management, one of the world’s largest private equity firms, not with prudent stewardship but via a financial scheme that bears the hallmarks of two of history’s most infamous frauds: the accounting chicanery of Enron and the Ponzi dynamics of Bernie Madoff.” (02/15/26)

https://therealistreview.substack.com/p/the-board-of-peace-already-has-a

Source: Garrison Center
by Thomas L Knapp

“Since voting is purely ceremonial affirmation of our masters’ authority over us, I don’t see that adding a card-flashing element to the liturgy makes much difference. I am, however, glad to see Trump once again reaffirming Office of Management and Budget director Russell Vought’s 2022 observation that ‘we are in a post constitutional moment in our country.’ Vought says that like it’s a bad thing, calling on his audience to become ‘radical constitutionalists.’ His version of ‘radical constitutionalism,’ though, can’t be found anywhere in the actual Constitution. Instead of the mere functionary described in the Constitution, whose job is to ‘take Care that the Laws be faithfully executed,’ Vought envisions the president as Kim Jong Un on the Potomac. Which brings me back to voter ID.” (02/14/26)

https://thegarrisoncenter.org/archives/20374

Source: The Dispatch
by Kevin D Williamson

“The Trump administration has announced that it is abandoning its ‘surge’ — you’ll remember that term from the Iraq War — in Minneapolis. Other than two dead Americans, millions and millions of dollars in economic losses, and the further erosion of trust in armed federal agencies, what exactly has been accomplished? … at least one observer who had been very skeptical about the wisdom of so-called sanctuary city policies is now a little more sympathetic to those arrangements — and surely I am not the only one.” (02/13/26)

https://archive.is/DV16l