Tariffs

The perfection of a clock is not to go fast, but to be accurate. -Luc de Clapiers, marquis de Vauvenargues, moralist and essayist (6 Aug 1715-1747)

Went to the ARCs event last night. It looks like a real, successful charity. Mom was on the founding board. An achievement.
Busy.
Crick was in a fight with Vasquez and needed a tendon repair. The Pirates just get worse and worse.

While each acre of most tree species can capture and store 1.1 to 9.5 metric tons of carbon dioxide a year, an acre of empress trees can absorb 103. Sooooo....

Before the advent of industrial capitalism, virtually the whole of the world’s population lived in abject poverty. Before the mid-nineteenth century, it would not even have made sense to measure poverty, because such a measure would not have shown anything interesting. Its long-term average would have been close to 100 percent, and it would only have shown random fluctuations, not a systematic trend over time. It is not a coincidence that poverty measurement started in Britain in the late nineteenth century. Britain had reached a stage of development at which poverty was no longer the norm and no longer static. Later, other countries went through the same process, when and to the extent that they embraced free markets.--Kristian Niemietz

“Fair” is in the eye of the beholder; “free” is the verdict of the market. The word “free” is used three times in the Declaration of Independence and once in the First Amendment to the Constitution, along with “freedom.” The word “fair” is not used in either of our founding documents.--Freidman

The personification of schadenfreude: AB. Nothing on Yahoo this morning.


From a Facebook post by someone named Sayet: "One reason conservatives are so happy and Leftists are so miserable is that capitalists need friends. They need business partners and investors, trading partners and customers so satisfied they come back again and again. The socialist needs enemies. There must be people who hate him and oppress him. If he’s not hated and oppressed then socialism doesn’t exist. If he can’t find any such hatred, he’s forced to make it up. “Dog whistles” – he knows what you’re REALLY saying — and “micro-aggressions” are all invented nonsense because this “oppression” simply MUST be true or else there’s no socialist movement (and no free things.)

The socialist doesn’t need to work well with others because he doesn’t work. What he needs is an excuse to justify his theft."

While one in three of the hunter-gatherer societies that survived into the 20th century kept dogs, one in 10 kept pigs as pets. Like dogs, pigs were sometimes buried with their owners.
Like dogs, wild pigs domesticated themselves around 11,000 years ago by scavenging around human settlements in what is now Turkey. Pigs are pretty smart; they have been shown to use mirrors to find food.
  
In the US, battery-powered cars make up fewer than 2 percent of new vehicle sales. Used-car shopping site Shift says that in the first half of this year, electrics tripled their share of sales compared with the same period of 2018, to 4 percent. Add in hybrids and the number gets more impressive. “Twenty percent of what we sell is hybrid or electric,” says Shift co-CEO Toby Russell.
Now, those are on-line sales.

9/11

                   Tariffs

Remember this… our country is taking in billions and billions of dollars from China…. And out of that many billions of dollars, we’re taking a part of it and giving it to the farmers because they’ve been targeted by China. The farmers come out totally whole.--Trump

China isn’t paying these tariffs; you are. You know, indirectly and sometimes directly. It’s passed along to you through American distributors and their counterparts in the United States who buy this stuff from the Chinese and then have to pay the surcharges — not the Chinese government or China in particular….. This latest round of tariffs that kick in on September 1 on $300 billion worth of goods at 10%, which will most directly be felt by consumers directly, because that happens on almost entirely consumer items rather than industrial-related items, but just wanted to clarify that. Governments don’t pay these things; you do, one way or another.--Cavuto

Tariffs are a tax. Tariffs with a specific beneficiary are redistribution.