@comm4prosperity CoFounder. Host - Moore Money. @WSJ Writer. @club4growth Founder. Trump Economic Miracle author: tinyurl.com/3k778k87
Washington, DC
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Biden already tried an export ban, and it backfired spectacularly. America surrendered market share.
We advise President @realDonaldTrump to do exactly the opposite: press Chairman Xi to lift his import ban on US chips.
washingtonexaminer.com/op-ed…
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Our stock market blows away China’s.
While our stock market in the USA has been on a tear, China’s government-directed industrial policy has caused stagnation.
Let’s not be more like them.
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Working-age men have LOST jobs, while women have captured virtually 100% of the net new jobs.
Men not working translates into men not marrying, which translates into population rapidly falling and American power declining.
Are we in a man-cession?
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Banning diesel exports could mean less diesel production, less gasoline and HIGHER prices at the pump.
An emergency action to lower diesel prices that raises gasoline prices would be political malpractice.
Republicans should suspend federal fuel taxes instead.
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The University of California once set the standard for public universities.
Then it dropped SAT and ACT scores under pressure from “diversity” advocates.
Now 2,200 faculty members are sounding the alarm about weak math and reasoning skills.
This is the dumbing down of California.
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Americans vote with their feet and their money.
Florida’s net income has soared 50% over the past decade thanks to interstate migration.
California is losing people and money. Its solution? A wealth tax.
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Price controls play out the same in every industry. Our 2023 study found credit card mandates burn consumers by cutting rewards and access to credit. Why do we keep trying this, and why are some Republicans in Congress falling for it?
committeetounleashprosperity…
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The Hauser Curve shows that raising the highest income tax rate rarely raises much revenue.
Higher tax rates encourage tax avoidance and slow down the economy.
The best way to turbo-charge the economy and enhance tax collections is with a @SteveForbesCEO flat tax.
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The GOP’s “fuelish” diesel export ban risks refinery cuts without fixing the global shortage.
You can’t fence off a globally traded commodity by executive order.
Want lower prices? Suspend gas taxes and costly fuel mandates. Don’t punish American exports!
The U.S. isn't short of diesel. The world is.
So would banning U.S. diesel exports actually lower prices?
It might sound like an easy fix. But once you look at refinery economics and how fuel actually moves, the answer gets complicated.
Here's why:
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Moving trucks are delivering a message.
Florida and Texas gained the most movers. New York and California lost the most.
Red mountain and Southern states keep growing fastest. Americans are voting with their feet!
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California’s living expenses are 40% above the national average, and its residents rank as America’s worst tippers.
Nine of the 10 most generous tipping states are red or mostly red.
It’s easier to leave a little extra when living costs and the state government don’t take it all.
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Japan’s fertility rate is 1.15 children per woman. Washington, DC’s is even lower at 1.11.
The city that writes America’s family policy has a lower fertility rate than a country known globally for demographic collapse.
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Democrats want to talk about $100 oil? Let’s talk about their record.
Oil topped $100 a barrel under both Obama and Biden, even BEFORE adjusting for inflation.
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The exodus from blue states will reshape the Electoral College.
California is projected to lose FOUR House seats after 2030. Texas is projected to gain FOUR, and Florida TWO.
Americans continue to vote with their feet.
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Banning diesel exports won't lower the price at the pump, it will raise it. You don't fix a shortage by telling American refiners to make less. We tried export bans in the 1970s. They failed then and they'll fail now. Produce more, permit faster, refine here.
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The front-page headline you didn’t see yesterday. But should have (thanks to AI).
NONE reported the biggest economic/finance story of the year on the front page.
That’s because it’s evidence that Trump’s economic policies are working for everyone!
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The Trump Economy has delivered record-low poverty rates AND big increases in incomes.
We have a construction boom going on in America thanks to AI and data centers.
There’s just one big sore thumb in the economy: high oil prices.
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90% of Big Tech donations STILL fund Democrats.
Netflix: 99%
Airbnb: 99%
Salesforce: 98%
LinkedIn: 97%
Google: 96%
Meta: 96%
Apple: 94%
Oracle: 88%
These are the same firms that profess to support diversity of viewpoints.
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Politicians spent like borrowing was free, and now taxpayers are getting the bill.
Government borrowing costs are rising across the developed world. Maybe bond markets are telling politicians to stop spending and borrowing money they don’t have.
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