Disgraced president-elect says he’ll create new “External Revenue Service” to do stuff that’s already done

Source: New York Post

“President-elect Donald Trump announced Tuesday he will create an external revenue office upon his return to the White House that will collect all foreign-sourced revenue, such as tariffs. ‘For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS). Through soft and pathetically weak Trade agreements, the American Economy has delivered growth and prosperity to the World, while taxing ourselves,’ Trump wrote on Truth Social. ‘I am today announcing that I will create the EXTERNAL REVENUE SERVICE [ERS] to collect our Tariffs, Duties, and all Revenue that come from Foreign sources.’ The incoming president added that the ERS would be established on Jan. 20 ‘to begin charging those that make money off of us with Trade, and they will start paying, FINALLY, their fair share.'” [editor’s note: Does he think tariffs, etc., aren’t already collected? They are, but the “Customs and Border Protection” gang – TLK] (01/14/25)

https://nypost.com/2025/01/14/us-news/trump-announces-creation-of-external-revenue-service-heres-what-new-agency-will-collect/

No, Marx Was Not an Important Economist

Source: Independent Institute
by Phillip W Magness

“To [Alex] Moskowitz, Marx is an epochal figure in the development of economic theory, and thus, it is ‘necessary’ to understand the discipline’s history. To almost any competent historian of economic thought, however, Marx was never more than a peripheral figure in the economics profession. … Marx’s theory has always carried an appeal to persons seeking a justification for revolutionary socialism, modern humanities professors among them. As an economic theory, however, it was never a part of the mainstream canon. Nor did it have any meaningful influence on the development of the discipline.” (01/13/25)

https://blog.independent.org/2025/01/13/no-marx-was-not-an-important-economist

France “far from ready” to build six new nuclear reactors, audit body says

Source: France 24 [French state media]

“France is ‘far from ready’ to build six nuclear reactors, the state’s top audit body said on Tuesday, underlining the challenges the country faces in rejuvenating its ageing fleet of nuclear power plants. French President Emmanuel Macron announced a plan in 2022 for state-owned utility EDF to build six European pressurised reactors (EPRs). The cost was estimated at 51.7 billion euros ($52.73 billion), but revised up to 67.4 billion in 2023 on higher raw material and engineering costs. EDF planned to update that estimate by the end of last year but has not done so publicly. … France gets about 70% of its power from nuclear plants, but many of its ageing reactors will soon need to be retired.” (01/14/24)

https://www.france24.com/en/europe/20250114-france-far-from-ready-to-build-six-new-nuclear-reactors-audit-body-says