Ford

Signs That The Silicon Valley Tech Bubble Is About To Burst

“I got here in 97 and it was like it is now – incredibly packed, impossible to commute, high apartment costs.  We’re seeing overvalued companies, funded based on hopes and dreams and aspirations and not good business models. Companies counting users and eyeballs rather than profits. There are a lot of similarities."

Trump Thinks Your Car's Gas Mileage Is... Your Business

Leftists are aghast that Trump is about to do the unimaginable – and stop threatening the car companies with federal fuel economy fatwas (and add-on fatwas forbidding or restricting how much plant food – carbon dioxide – cars may emit). He appears to be entertaining the horrible idea that the people who buy cars ought to be free to decide for themselves how much fuel economy matters to them – since they will be the ones paying for both the car and the gas.

Weekend Reading: Just Buy Everything

“It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.– Henry Ford

Frontrunning: March 8

  • GOP Disagrees on How—and Whether—to Pay for Tax Cuts (WSJ)
  • 'It's like kumbaya:' Trump's genial private meetings with CEOs jar with public attacks (Reuters)
  • New Health Plan Sparks Debate Over Obamacare Comparisons (WSJ)
  • China Grants Preliminary Approval to 38 New Trump Trademarks (BBG)
  • Questions About Loyalty to Trump Stall Treasury Picks (BBG)
  • Women in U.S. plan to stay off the job, rally in anti-Trump protests (Reuters)

Does Technology Destroy Jobs? If Not What Does?

Technology always creates painful disruptions. But the correct approach is to do nothing. The problem is government and the Fed, not technology. The government is hell-bent on policies that destroy jobs and the Fed is hell-bent on producing inflation in a technological price deflation world. Blame the Fed and governments, not technology, for alleged “living wage” problems.

Schlichter: President Trump Needs To Keep His Promises No Matter What

"This much is clear - if President Trump fails to keep his word, he’s toast. And he should be - we’ve spent decades being lied to, bamboozled, and swindled by both fork-tongued liberals and fake 'conservatives'...There’s no more slack to give; we’re done with leeway and wiggle room. The president has two choices: Keep his promises, or fail disastrously."