ArcaMax

President Donald Trump gave an important speech in Riyadh that may come as close to outlining a "Trump doctrine" as we'll probably see. It was a direct counterpoint to George W. Bush's second inaugural address. The simplistic way to put it is that what liberty was for Bush, money is to Donald Trump.

That's not quite right, though. The speech ...Read more

Never mind.

President Trump's 145% tariffs on China ran smack into Stein's law, the late economist Herb Stein's famous axiom that "if something cannot go on forever, it will stop."

What was effectively an instant embargo on the biggest importer into the United States wasn't sustainable, and sure enough, it's not going to be sustained.

The U...Read more

In case anyone was wondering, Joe Biden is every bit as unimpressive out of office as he was in it.

The man who shuffled off stage last year in the middle of the play -- an absurdist tragicomedy plagued by poor reviews and weak attendance -- has shuffled back on to it.

His mini-rehabilitation tour in the media is, in accustomed Biden fashion...Read more

President Trump downplayed potentially empty store shelves at his recent cabinet meeting.

He said of goods from China that might go missing, "Much of it we don't need."

Then he elaborated the point: "Well, maybe the children will have two dolls instead of 30 dolls, you know? And maybe the two dolls will cost a couple of bucks more than they ...Read more