Tariffs: The Taxes That Made America Great

Tariffs: The Taxes That Made America Great

That the Smoot-Hawley Tariff caused the Depression of the 1930s is a New Deal myth in which America’s schoolchildren have been indoctrinated for decades. The Depression began with the crash of the stock market in 1929, nine months before Smoot-Hawley became law. The real villain: The Federal Reserve… As his …

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When Democracy Fails to Deliver

When Democracy Fails to Deliver

“Those who make peaceful revolution impossible … make violent revolution inevitable,” said John F. Kennedy. In 2016, the U.S. and Britain were both witness to peaceful revolutions. The British voted 52-48 to sever ties to the European Union, restore their full sovereignty, declare independence and go their own way in …

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Who Lost the World Bush 41 Left Behind?

George H.W. Bush was America’s closer. Called in to pitch the final innings of the Cold War, Bush 41 presided masterfully over the fall of the Berlin Wall, the unification of Germany, the liberation of 100 million Eastern Europeans and the dissolution of the Soviet Union into 15 independent nations. …

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Trump - MAGA

Did Tariffs Make America Great?

“Make America Great Again!” will, given the astonishing victory it produced for Donald Trump, be recorded among the most successful slogans in political history. Yet it raises a question: How did America first become the world’s greatest economic power? In 1998, in “The Great Betrayal: How American Sovereignty and Social …

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How Trump's Presidency Will Be Judged

How Trump’s Presidency Will Be Judged

On many issues — naming Scalia-like judges and backing Reagan-like tax cuts — President Trump is a conventional Republican. Where he was exceptional in 2016, where he stood out starkly from his GOP rivals, where he won decisive states like Pennsylvania, was on his uniquely Trumpian agenda to put America …

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Globalists & Nationalists: Who Owns the Future

Globalists & Nationalists: Who Owns the Future?

Robert Bartley, the late editorial page editor of The Wall Street Journal, was a free trade zealot who for decades championed a five-word amendment to the Constitution: “There shall be open borders.” Bartley accepted what the erasure of America’s borders and an endless influx or foreign peoples and goods would …

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Why Is the GOP Terrified of Tariffs?

Why Is the GOP Terrified of Tariffs?

From Lincoln to William McKinley to Theodore Roosevelt, and from Warren Harding through Calvin Coolidge, the Republican Party erected the most awesome manufacturing machine the world had ever seen. And, as the party of high tariffs through those seven decades, the GOP was rewarded by becoming America’s Party. Thirteen Republican …

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Fatal Delusions of Western Man

Fatal Delusions of Western Man

“We got China wrong. Now what?” ran the headline over the column in The Washington Post. “Remember how American engagement with China was going to make that communist backwater more like the democratic, capitalist West?” asked Charles Lane in his opening sentence. America’s elites believed that economic engagement and the …

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