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Nothing should surprise me at this point. But I will admit to being shocked at the number of longtime free-traders who have embraced this mindless, destructive tariff regime b/c of ambition, proximity to power or partisan tribalism.
Even if you like tariffs, it really is impossible to overstate how appalled the Founders would be with what's happening right now. They fought a revolution to ensure that one person did not have this much concentrated power. A true constitutional conservative cannot support this.
Contentious policy decisions that inflict immediate grave harm with at best uncertain future benefits should absolutely never be defended with arrogance and flippancy. That is a sure sign of ideology and partisanship rather than statesmanship and concern for the common good.
I just got off the phone with a business owner in Mississippi. He’s pumped millions into a business distributing a product he imports from China. His contract with the company prevents him from manufacturing it in the U.S. He also has contracts with a number of large retailers…
Maybe one percent of economists in the world think tariffs are a good idea.
Love how half the country got an economics PhD in the last 2 months from Internet University and decided tariffs are definitely bad.
Thomas Sowell on Trump’s trade war: “Oh my gosh, an utter disaster. I happen to believe that the Smoot-Hawley tariffs had more to do with setting off the great depression of the '30s than the stock market crash. Unemployment never reached double digits in any of the 12 months…
They told themselves he wouldn’t do it because it was so objectively stupid. Every rationale to which they retreated was predicated on the assumption of rationality. But it was a failure of imagination.
For those who celebrate Christmas (or might wonder why it could matter), here’s a creative telling of an ancient story.
Thread of beautiful art details 🧵 1. "I can't read or write, but with these two tools, I can create poetry," Canova used to say, as he held his hammer and chisel.
Thread of positive stories that will restore your faith in humanity 🧵 1. Man posing with photo of forest he revived
🎧 I unpack the critical #tourism research all destinations should know - China's recovery, remote work/bleisure trends, and more on the @BrandUSA #TalksTravel podcast. Plus, some guitar 🎸 Have a listen: podcasts.apple.com/us/podcast/a-s…
“Remote-work flexibility is also an overall benefit to the travel and hospitality industry, @adam_sacks said. The number of days worked from home grew from 5% before the pandemic to 28%, more than 1 in 4 days” costar.com/article/186737… @CoStarGroup @pcmahq
Looking forward to 2 sessions on “making data sing” tomorrow at @destintl Advocacy Summit in Houston. Oh no, was that supposed to be a metaphor?
Today's "30 Days of 30 Under 30" feature is Elizabeth Shanaman, Client Success Manager at Tourism Economics. Learn more about our 2021 30 Under 30 Class here: bit.ly/3sj5CXt
Live stream- presenting at 10:30 EST! live.worldbank.org/world-tourism-…
Trump rhetoric and policy represent massive risk for US travel industry. Our analysis on Forbes: forbes.com/sites/andrewbe…
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