The baseline 10% makes more sense if it is seen as a way of shifting how the federal government raises taxes. It will create space for the desired tax cuts that the administration wants.
Everyone keeps talking about how irrational it is to think that Americans are going to grow coffee beans, dig up diamonds and make Nike trainers. Commentators have been scratching their heads over the baseline 10%.
@katie0martin.ft.com Are we all being sucked into thinking that this is about the trade deficit because that is what the US administration offers as justification? What if it has always about reducing other domestic taxes by creating a de facto sales tax on all imports?
So good. 🤡
@brendanvduke.bsky.social
The economic case against this self-harm has fallen on deaf ears, with a president who has been consistently hostile to trade deficits and who now doesn’t have to worry about re-election.
✍️ Ryan Bourne
Apparently Meta execs haven't heard of the Streisand Effect.
Donald Trump shouting at a child
WHY AREN’T YOU USING A TESLA
"engulfed in a storm over his alleged failure to divest his stake in a consultancy he founded"
Ah the quaint stuff that ends political careers everywhere apart from the USA
- on.ft.com/41VqqZV
‘You’re insulting me by trying to test my knowledge’ is a pretty weird response from a press secretary taking questions. Is Fox doing a deep cut on Karoline Leavitt? www.foxnews.com/media/karoli...
“The United States is not self-sufficient when it comes to toilet paper production.”
www.theglobeandmail.com/business/art...
Andrew Tate is a lot of people's idea of a man. You know who's a man? Zelensky.
The Wolfe Island ferry approaching the island’s winter dock this morning.
A little patriotic viewing this afternoon. s3.amazonaws.com/criterion-pr...
Smart diagnosis by Ryan Grim and Waqas Ahmed on DeepSeek's sputnik moment. "Lina Khan warned that enabling protectionism for tech monopolies wouldn’t just hurt all of us, it would hurt them too. Now they’re getting wiped out." www.dropsitenews.com/p/deepseek-o...
Things you’re allowed to not know how you acquired them:
Crockery, candles, tennis balls, marks on the back of your legs
Things you should know how you got them:
Flats in Kings Cross
This year’s Stollen.
Just had to pull over on the highway. Front driver’s wheel was loose. Had to prove my masculinity in tightening all the lug nuts.
Our windscreen on the car as we cross the lake. All the way. It’s a little breezy today.
Foggy morning boarding the Wolfe Island ferry.
Why Jasmin Paris should be #SPOTY24
She completed Barkley Marathons with 99 seconds to spare
- 33 Parkruns distance
- in a forest
- mostly off trail
- partially in dark
- no GPS watch
- ascended 2x height of Everest
- only 19 male runners have completed it in 29 years
- Jasmin was the 1st woman
Wolfe Islander 3 has blown an hydraulic line and will be delayed by 20 minutes. At least they let us know this time.
Sacred Heart, Wolfe Island
Heading home about twenty six hours after leaving for work yesterday. What a palaver.
The Wolfe Islander IV ran aground earlier today and has been docked in Kingston since lunchtime. I hope to get home at some point tonight but who knows when.
Not what I would call a snow day: school buses cancelled today. Some snow in the forecast this afternoon but not a lot ~1 inch.
