Litmus test for regaining America’s greatness: Sustained GDP growth exceeding 3% per annum.
NYT claims “Mr Trump will inherit an economy that is fundamentally solid.” But that fake news is patent nonsense as these pages have maintained for years, and now Mr Nicholas Eberstadt, political economist at the American Enterprise Institute, will explain the matter to you in ‘Our Miserable 21st Century’.
NPR this morning equated me with illegal aliens in its latest anti-Trump piece putting all foreign born residents under the wrong-headed umbrella of ‘immigrants’ like in ‘America has always been a nation of immigrants.’ Never mind that my family and I were among the longest and most thoroughly vetted foreigners to be invited onto these shores after WW2, but according to today's persistent and prominent progressive pabulum, we are all the same in their discerning eyes. And they are fairly certain that the country’s nebbishes will not pick up on the fine points here. FYI, one out of six legal Americans are foreign born.
My favorite living economist Tyler Cowen of George Mason University just published his latest dissertation, The Complacent Class: The Self-Defeating Quest for the American Dream, wherein he “explores our desire to become more insulated, comfortable, and accepting of the status quo. Americans now move less, start fewer businesses, marry people more like themselves, and increasingly shop using algorithms that wall them off from the unfamiliar.”
Minimum Wage Massacre: Wendy’s Unleashes 1,000 Robots to Counter Higher Labor Costs (more here). The ever butt stupid liberals continue to preach increasing the country’s minimum wage as the received wisdom that we can indeed pull ourselves up by our bootstraps. (H/T to reader)
A Silicon Valley liberal learned some interesting things from people’s thoughts about Trump. "I'm Mexican. I support the wall. The people who have stayed have destroyed Mexico, and now they want to get out and cause damage here. We need to protect our borders, but now any policy is like that is called racist. Trump was the first person willing to say that out loud." (more here and H/T to reader)