Lately, James Lindsay has burned much of his credibility in attacking largely non-interventionist right-wingers as “Woke Right.” 

On Friday morning, President Trump proclaimed on his Truth Social: “We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!” Trump is being hailed as a hero for demanding that the IRS bring Harvard University to its knees.

Considered centrist (by modern standards), not outspoken on political issues. Born American, but has been a Peruvian bishop for the past 11 years and is deeply connected to Latin America.

On Wednesday, the Federal reserve’s Federal Open Market Committee left the target federal funds rate unchanged at 4.25-4.5 percent. The FOMC statement on the current policy, released on Wednesday, reads (my emphases in bold):

Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated.

Gary Stevenson—a man who claims he used to be the best trader in the UK—is starting to gain popularity as a man who comes from a working-class background, has moved in the circles of the elites and knows how the economy really works. He has appeared on many establishment outlets like Channel 4 and BBC Question Time to argue that wealth inequality is the real driver behind falling living standards and increasing stagnation.

The bottom 80% of America is in recession and is starting to cut back on extra spending such as fast food. 

To be sure there are probably two factors at work here. One is tariffs and the other is the fact that auto loan delinquencies are rising and people need cheaper cars. 

Oh, I know, you aren’t really against free trade per se. You just demand a “level playing field.” The Chinese cheat by raising tariffs against our goods and subsidizing key industries that they want to dominate. In the process, they destroy our high-paying “manufacturing jobs.” To such statements, I have three objections.

In a recent article on the failed California Bullet Train project, I noted that its promoters are depending heavily upon bureaucratic inertia to keep construction going even after cost overruns have skyrocketed. Not surprisingly, even though continuing with the rail system will place more than $100 billion of debt on the state’s taxpayers, politicians and people currently benefiting from the construction of the line from Bakersfield to Merced continue to sing its praises.