The Fauci diary tells the story of institutional cover-up

The Anthony S. Fauci diary, just released by Sen. Rand Paul, Kentucky Republican, is the talk of the town. With nearly 60 mentions in the diary, I win, hands down, the title of White House official who most frequently challenged…

The Capex Boom Is Real. Now It’s Time To Make It In America

The monthly durable goods report is one of Washington’s easiest economic releases to misread. The headline for June was decidedly unimpressive. New orders for durable goods rose just 0.3%, well below market expectations. That will inevitably…

Peace through secure supply chains

The United States has the most lethal military on Earth. But even the most advanced weapons system is only as strong as the supply chains behind it.The hard truth is this: America cannot dominate the…

Canada wants free trade — only on its terms

Canada has long cultivated the image of America’s friendly, free-trading neighbor. The reality is less polite.Behind the maple-leaf branding is a protectionist system that singles out American farmers, distillers, automakers, and workers. Canada demands access…

Tariffs pull, USMCA pushes: Toyota to Texas

President Trump summed up Toyota’s stunning Tacoma pickup truck announcement in three words: “Tariffs at work!” He is absolutely right. And the shortfalls of the U.S.-Mexico-Canada Agreement on trade are part of the story, too.  Toyota is putting $3.6…

June CPI Throws Cold Water On Fed Rate Hawks

This wasn’t egg on the face.  It was a whole omelet.On Monday, Fed Governor Christopher Waller was effectively putting a rate hike back on the table if this week’s core inflation number came in hot. On…