Why is Trump fighting the trade war?

Why is Trump fighting the trade war?
"Why is Trump fighting the trade war?  
Here's why.
Critics of Trump's trade policies think everything is okay if we don't do anything.  
The chart below shows that everything is not okay if we don't do anything.
This is a chart of capital spending in the U.S. from 1968 through to the present.  
It is a straightforward presentation of monthly data from the Commerce Department.  
There is nothing clever, nothing tricky about this presentation or about the time frame chosen.  
The Commerce Department started this series in 1968.  
It superseded another series on capital spending.

Source: U.S. Department of Commerce.
Why is this chart important?
It is a death sentence for America.
...Why is this growth in capital spending important?  
Even in our increasingly service-oriented economy, it is capital spending – the stock of capital equipment – that sustains our standard of living.  
Healthy capital spending is critical to – really identical with – a thriving economy.  
This is why the flat capital spending that America has experienced since 2000 is so grave a condition.
...The only person in public life who understands this chart is Donald Trump.  
...Among other things, this chart is the opioid epidemic – the despair created by permanent unemployment.  
The lack of capital investment is what has created the regions where people have dropped out of the workforce and thus are no longer counted as being in it..."
Much here, read all!!

You ought to know!

Venezuela's Democratic Socialist President: Our Economic Model Has 'Failed' | Daily Wire

Venezuela's Democratic Socialist President: Our Economic Model Has 'Failed' | Daily Wire:

Venezuela President Nicolas Maduro admitted on Tuesday that the economic models of his democratic socialist regime have "failed."
"The production models we've tried so far have failed and the responsibility is ours, mine and yours," Maduro told his United Socialist Party-controlled congress, AFP reports.
"Enough with the whining," he said later, AFP reports. "We need to produce with or without (outside) aggression, with or without blockades, we need to make Venezuela an economic power. ... No more whining, I want solutions comrades!"

The Best Health Care System in the World: Which One Would You Pick? - The New York Times

The Best Health Care System in the World: Which One Would You Pick? - The New York Times
"To better understand one of the most heated U.S. policy debates, we created a tournament to judge which of these nations has the best health system: Canada, Britain, Singapore, Germany, Switzerland, France, Australia and the U.S.
...“Medicare for all,” or “single-payer,” is becoming a rallying cry for Democrats.
This is often accompanied by calls to match the health care coverage of "the rest of the world." But this overlooks a crucial fact: The “rest of the world” is not all alike.
The commonality is universal coverage, but wealthy nations have taken varying approaches to it, some relying heavily on the government (as with single-payer); some relying more on private insurers; others in between.
Experts don’t agree on which is best; a lot depends on perspective.
But we thought it would be fun to stage a small tournament.
We selected eight countries, representing a range of health care systems, and established a bracket by randomly assigning seeds..."
Read all.

AM Fruitcake

History for August 4

History for August 4 - On-This-Day.com
Percy Bysshe Shelley 1792 - Poet, Louis Armstrong 1901 - Musician, singer, Raoul Wallenberg 1912 - Sweedish humanitarian during World War II


John Riggins 1949 - Football player, Barack Hussein Obama 1961 - 44th President of the United States, Jeff Gordon 1971 - Race car driver, Jeff Gordon


1735 - Freedom of the press was established with an acquittal of John Peter Zenger. The writer of the New York Weekly Journal had been charged with seditious libel by the royal governor of New York. The jury said that "the truth is not libelous."


1790 - The Revenue Cutter Service was formed. This U.S. naval task force was the beginning of the U.S. Coast Guard.


1821 - "The Saturday Evening Post" was published for the first time as a weekly.


1944 - Nazi police raided a house in Amsterdam and arrested eight people. Anne Frank, a teenager at the time, was one of the people arrested. Her diary would be published after her death.


1972 - Arthur Bremer was found guilty of shooting George Wallace, the governor of Alabama. Bremer was sentenced to 63 years in prison.


1983 - New York Yankee outfielder Dave Winfield threw a baseball during warm-ups and accidentally killed a seagull. After the game, Toronto police arrested him for "causing unnecessary suffering to an animal."


1987 - The Fairness Doctrine was rescinded by the Federal Communications Commission. The doctrine had required that radio and TV stations present controversial issues in a balanced fashion.


1991 - The Oceanos, a Greek luxury liner, sank off of South Africa's southeast coast. All of the 402 passengers and 179 crewmembers survived.

Millennials ranked as worst tippers, and no wonder -- they're socialists - Washington Times

Millennials ranked as worst tippers, and no wonder -- they're socialists - Washington Times:

Fast-forward to June 2018, and there’s this: “Millennials are most likely to stiff servers. Ten percent of Americans ages 18 to 37 say they routinely leave no tip. Nearly one in three leaves less than a 15 percent tip at restaurants. … Overall, just 21 percent [of all adults surveyed] favored higher food prices and no tipping,” CreditCards.com reported.
How are the two matters connected?

The way we were-----Doo Wah Diddy Manfred Mann HiQ Hybrid JARichardsFilm

Boob-tube-----24 SHOWS OF ABC EARLY SPRING TV 1977

Harvard study finds trigger warnings increase anxiety

Harvard study finds trigger warnings increase anxiety

• A study conducted by three researchers at Harvard University finds that people actually experience more anxiety and "emotional vulnerability" when given "trigger warnings" prior to reading disturbing content.
• The authors caution that further research is needed, however, saying they plan to conduct two additional studies to see whether they can replicate their findings.

A recently published study by three Harvard University researchers claims that trigger warnings “increase peoples' perceived emotional vulnerability” and “increase anxiety.”

The study, “Trigger warning: Empirical evidence ahead,” published last week in the Journal of Behavior Therapy and Experimental Psychiatry, concludes that trigger warnings may not be beneficial.

"Trigger warnings may inadvertently undermine some aspects of emotional resilience."    Tweet This

[RELATED: University scraps ‘trigger warnings’ for pro-life displays]

“Trigger warnings notify people of the distress that written, audiovisual, or other material may evoke, and were initially used to provide for the needs of those with posttraumatic stress disorder (PTSD),” the study’s abstract explains..."

Read on.

This article is 100% BULLSH*T-----How they "think"-----Trump’s rollback could zap California’s electric car industry | McClatchy Washington Bureau

Trump’s rollback could zap California’s electric car industry | McClatchy Washington Bureau
"California helped birth the nation’s electric vehicle industry.
It used its laws and market size to prompt automakers to make and sell electric vehicles.
It encouraged Tesla and other innovators to build manufacturing plants.
Over the years, California spawned an entire industry devoted to EV batteries, charging stations and utility collaborations, with billions of dollars invested.
Now, all of that is at risk. 
On Thursday, the Trump administration proposed freezing Obama-era rules that require automakers to build cleaner, more fuel-efficient cars, including hybrids and electric vehicles. 
The proposal would also challenge California’s authority to set its own greenhouse gas restrictions on cars, including a mandate that automakers sell a certain number of electric cars in California.
If the administration prevails, it could upend numerous California enterprises devoted to clean cars, some of whom are already reeling from market uncertainty..."
Read on!

Twitter Bans Republican Senate Candidate Austin Petersen ... for Using Its Own Recommended Content | Breitbart

Twitter Bans Republican Senate Candidate Austin Petersen ... for Using Its Own Recommended Content | Breitbart:

Petersen then responded with an animated picture (better known as a gif) of Joseph Stalin waving with the caption “off to Gulag now.” It’s a gif that Petersen took from Twitter’s own library of shareable gifs. In other words, Twitter banned Petersen for using content that the website itself recommended to him.
In fact, it’s the very first gif Twitter recommends to you if you search for “Stalin” in the website’s gif library: