The contents just got a little more expensive. Photo: Mark Ralston/AFP/Getty Images President Trump is fond of saying China “pays” the tariffs he imposed, and a lot of journalists (including me) are fond of pointing out the tariffs are actually paid by Americans. Specifically, they are paid by American importers of foreign goods, who will presumably seek to pass the cost of the tariff on to end consumers. The New York Times points to recent economic research on Trump’s tariffs, including two papers estimating that 100 percent of the cost of tariffs is being borne by American consumers. One of the research teams determined this by looking at changes in the price indices for highly specific goods. They found the price of products not subject to new tariffs remained more or less flat, while products subject to new tariffs went up in price about in proportion to the tariffs imposed. That’s pretty straightforward: Americans pay. But other commentators like to … [Read more...] about Trump’s Tariffs Only Work If Americans Pay Them
Disney cruise line workers forum
The controversy over a Bachelorette contestant convicted of indecent assault and battery on a woman just one week before the new series of the show aired is threatening to overwhelm the long-running ABC favorite. Contestant Lincoln Adim foiled background checks and lied to producers during pre-show screening, Warner Bros., the studio behind the reality-TV show, has claimed. TMZ reported Wednesday that Adim was convicted just days before the show began of indecent assault and battery on a woman, having been arrested for an incident that involved inappropriately touching a woman aboard a harbor cruise ship back in May 2016. He was sentenced to one year in a house of correction, with that term suspended for a two-year probationary period, according to cosmopolitan.com. “The judge ordered him to stay away from the victim and attend three Alcoholics Anonymous meetings per week during those two years,” Cosmo quotes a law enforcement-official as saying, “If he complies … [Read more...] about Lincoln Adim, ‘Bachelorette’ Contestant Convicted of Sex Crime, Derails Show
If you can’t figure out why New York City Mayor Bill de Blasio is running for the Democratic presidential nomination despite there being 22 candidates already in the race, less than one percent of Democrats supporting him (and just 14 percent seeing him favorably, against 35 percent who see him unfavorably), and 76 percent of New Yorkers saying he shouldn’t do it, you could take him at his word: That he’s been counted out before and won, and that he’s the only candidate who’s proven he can fight for working Americans and against Donald Trump. Or you could follow the money, as the mayor tries to escape from New York, where his money games keep catching him up, even if they haven’t quite brought him down yet. Despite mulling a run for months—de Blasio didn’t have a website, let alone a policy platform or a big new idea he’s bringing to the table, when he finally announced in a slickly edited video that hinted at the conflicts and … [Read more...] about Bill de Blasio’s Not Running for President. He’s Running for Profit.
During her Saturday conference call with donors, Hillary Clinton blamed FBI Director James Comey’s late hits on her email fiasco for costing her critical votes from college-educated white women and thus the election. In a contest decided by a mere 112,000 votes across three states, that may be true. Two days before the election, a top Clinton adviser told me he was all but certain that those suburban women would put her over the top. They didn’t know yet that Comey’s third outrageously improper statement—the one reiterating his exonerating July statement—would actually depress turnout by reviving the meme that both candidates suck. Meanwhile, Donald Trump got to end his hate-filled campaign just where he wanted it—on emails. That’s the interpretation Clinton will carry to her grave. Of course there’s a little more to it than that. Historians writing about 2016’s cataclysmic election will reject mono-causal explanations. As my shock … [Read more...] about Seven Reasons Why Hillary Clinton Lost and Donald Trump Won
There are 23 Democratic candidates running for the 2020 presidency, and all of them get dressed every morning. What they decide to wear is by no means the most pressing issue in this monumental election. Then again, neither is their preferred comfort food—and we already know what those are, courtesy of The New York Times. What to wear for a job interview is a near-universal stressor, and everyone who takes the debate stage Wednesday and Thursday has willingly subjected themselves to a 16-month hiring process. Sure, you could say the bar for a presidential wardrobe is low, considering the Donald Trump regularly tapes his ties together. But when nearly every candidate promises to restore “dignity,” “honor,” or another synonym plucked from Thesaurus.com to the White House, a small part of that promise includes dressing well. As the hopefuls prepare to take the stage in Miami, let’s examine their sartorial prowess (or—no offense, Bill de … [Read more...] about How to Dress Like a 2020 Democratic Hopeful (Key Accessory: Elizabeth Warren’s Pride Month Rainbow Boa)