Notes in the Margin
The Dominican Republic is still deporting Haitian illegal aliens
Lower income countries like the D.R. often face much higher relative costs than rich countries when it comes to dealing with waves of migrants.
Trump keeps killing civilians in Yemen
US airstrikes on Yemen killed 95 civilians and injured 192 last week. Very little US trade requires the Suez Canal, so this is about subsidizing the State of Israel.
Trump plans to bail out farmers from the effects of Trump’s trade war
Trump's trade war is so successful that he's planning to bail out the farmers who will suffer under the trade war.
Most Americans skeptical about benefits of tariffs
62% think tariffs will be a net liability in the long run. Even more think it will be costly in the short run. They're right because tariff hikes are just tax increases on Americans.
March home sales drop to their slowest pace since 2009
Sales of previously owned homes in March fell 5.9% from February to 4.02 million units. That’s the slowest March sales pace since 2009.
The Italian state still won’t make good on its promises to fund NATO.
Won't make 2% NATO target. The American taxpayers in no way benefit from a military alliance with Italy. Time to leave NATO.
New president of Cleveland Federal Reserve will not be voting to cut rates
It's a good start, but the Fed should never cut (or raise) rates at all. It should stop manipulating interest rates altogether. Anything else is just central planning.
71% of Trump voters oppose Medicaid cuts
60% oppose cuts to food stamps. Huge federal deficits are here to stay.
Trump’s counterterrorism “czar” says “you’re with us or you’re with the terrorists”
Sebastian Gorka says the people who advocate for due process for potential deportees should be prosecuted by federal bureaucrats. Bill of Rights, RIP.