Presidential election 2020 is the same as every other, except in the ways it isn’t. Allow me to expand on this.

Uncertainty over the corona crisis has raised the household savings in many countries. The closure of stores, restaurants, and borders has restricted people from spending money. The support of furlough, rescue credit, and the grant of tax-free bonuses by governments stabilizes incomes. Even in Japan where most stores and restaurants have remained open, the generous handout of around 950 US dollars to all residents increased the savings. Nevertheless, this is unlikely to reverse the long-term downward trend in household savings.

In 2016, then presidential candidate Donald Trump, noting the US trade deficit with China and other countries, stated, We “have a trade war, and we’re losing badly.” The US trade deficit (also known as the current account deficit) was $67 billion in August of this year, according to the Census Bureau and the Bureau of Economic Analysis. Does this mean the US is continuing to lose on trade?

No.

The mainstream pro-Biden media is poking fun at Donald Trump’s suggestion that there could be fraud involved in the post-election receipt of mail-in ballots. Apparently they’re not familiar with the election-theft case of Lyndon Johnson, who would go on to become president of the United States.

The entire matter is detailed in Robert Caro’s second book in his biographical series on Johnson. The book is entitled Means of Ascent.

[A selection from Human Action.]

The masses, the hosts of common men, do not conceive any ideas, sound or unsound. They only choose between the ideologies developed by the intellectual leaders of mankind. But their choice is final and determines the course of events. If they prefer bad doctrines, nothing can prevent disaster.