Lone Candle
Champion of Truth
The Cost of Passage: Violence and Death on the Atlantic Route to Spain
https://www.politico.com/news/magazine/2025/06/16/the-cost-of-passage-violence-silence-and-death-on-the-atlantic-route-to-spain-00403622
“Foreign manufacturers will have to lower their prices to accommodate tariff rates, Miran believes. If they don’t, then U.S. importers will turn to factories in other markets rather than absorbing the cost of tariffs themselves.
“We can move our demand across borders, but a factory can’t get up and move across borders,” he said.
You might say, his theory is that the customer is always right.
This line of thinking, a theme of his work since before he joined the administration, is an important way Miran’s reasoning diverges from that of most of his fellow economists. Critics point to examples — such as Trump’s tariffs on washing machines in his first term — where consumers seemed to be the ones who paid the price.
The question of who will bear the cost burden of import taxes is an important puzzle piece for gaming out how much inflation will rise and how much growth will slow. It is a particularly critical dilemma for the Federal Reserve, which is trying to decide when to ease off the decelerating economy.”
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“For this to work, foreign firms have to believe that, unless they capitulate, U.S. companies really will relocate their supply chains elsewhere, Miran told me. That’s one of the many tricky parts for proponents of Trump’s agenda — and Miran conceded as much.
“The truth is that for a lot of products, there’s not a credible alternative for a supply chain available instantaneously, right?” he said.
The recalibration, in other words, will take some time.
And that time could come at a price for the economy, as Trump’s shifting tariffs and fluid negotiations leave businesses hesitant to take action. If firms knew where tariffs would land, they could make investment decisions — on where to build factories, on what size workforce they need, on whether they need to change their business model. In the meantime, many executives are frozen in place, a paralysis that itself could take a bite out of growth.
Right now, manufacturers have been scaling back production as new orders dry up, and confidence in business conditions among CEOs collapsed during the second quarter at its fastest pace in roughly half a century.
Miran was straightforward about acknowledging that policy uncertainty is a challenge, repeatedly suggesting that there could be volatility — in growth, in prices — ahead.”
https://www.politico.com/news/2025/06/18/trump-economist-stephen-miran-trade-war-00410450
“China has a virtual monopoly in the sector, dominating the entire supply chain from the extraction of rare earths to their processing and the manufacture of permanent magnets.
According to the International Energy Agency, the country accounts for some 61 percent of rare earths extraction and 92 percent of refining. Moreover, it provides nearly 99 percent of the EU’s supply of the 17 rare earths, as well as about 98 percent of its rare earth permanent magnets. Global demand for these minerals is expected to increase by 50 to 60 percent by 2040.”
https://www.politico.eu/article/china-rare-earth-materials-donald-trump-west-magnets-cars/
Not enough aid is reaching Gazans. A record number of UN employees have died trying to get aid to Gazans. What is Israel’s goal here? Why won’t Hamas surrender?
https://www.youtube.com/watch?v=NG3SuQhJPP0
“the U.S. Department of the Treasury issued a three-page waiver lifting almost all economic sanctions on Syria unconditionally.”
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“the Syrian government handed back the old U.S. ambassador’s residence to Thomas Barrack, who serves as both U.S. ambassador to Turkey and special envoy to Syria.”
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“a waiver isn’t a permanent end to sanctions. The sanctions imposed by Congress have to be lifted by Congress…Secretary of State Marco Rubio testified to the Senate Foreign Relations Committee that it should do exactly that.”
https://reason.com/2025/05/30/trumps-syrian-outreach-turns-an-enemy-into-a-friend/
“Let’s start with the role of the courts. The idea that the judicial branch owes special deference to the elected branches of government was thoroughly rejected by the framers and ratifiers of the Constitution. “As to the constitutionality of laws,” Luther Martin told the Constitutional Convention in Philadelphia on July 21, 1787, “that point will come before the judges in their proper official character. In this character they will have a negative on the laws.” Federal judges, Martin explained, “could declare an unconstitutional law void,” thereby overruling the actions of the elected branches. None of the delegates disagreed with that.
“This Constitution defines the extent of the powers of the general government,” Oliver Ellsworth told the Connecticut Ratification Convention on January 7, 1788. “If the general legislature should at any time overleap their limits, the judicial department is a constitutional check. If the United States go beyond their powers, if they make a law which the Constitution does not authorize, it is void; and the judicial power, the national judges, who, to secure their impartiality, are to be made independent, will declare it to be void.”
James Madison, often called the “father of the Constitution,” made the same point in his June 8, 1789, speech to Congress introducing the Bill of Rights. The proper role of the courts, Madison said, was to act as “an impenetrable bulwark against every assumption of power in the legislative or executive.””
https://reason.com/2025/05/30/what-j-d-vance-gets-wrong-about-judicial-deference-to-executive-power/
Advanced air forces are vulnerable to enemies destroying their planes on the ground. Having a cheap drone destroy your ridiculously expensive plane is a bad exchange. Air forces can build hardened shelters and decoys to limit the damage.
https://www.youtube.com/watch?v=xr-wqGyF4cU
“Texas has become the latest state to pass a law requiring the Ten Commandments to be displayed in public school classrooms. The bill, which is already being legally challenged and is unlikely to pass constitutional muster, is part of a recent trend of red states attempting to inject religious texts into the classroom.”
https://reason.com/2025/05/30/texas-ten-commandments-bill-is-the-latest-example-of-forcing-religious-texts-in-public-schools/
“When industries can boost profits more easily by lobbying for tariff exemptions than by competing in the marketplace, they will—and those incentives grow stronger as government intervention in the economy increases.”
https://reason.com/2025/06/03/the-list-who-got-a-tariff-exemption/
““No senator wants to be the reason their local hospital shutters its doors, and now is their opportunity to stop that from happening,” said a source familiar with hospital industry thinking, granted anonymity to speak freely on strategy.
More than 250 hospital leaders flew into Washington on Tuesday to urge senators to preserve Medicaid as part of an American Hospital Association lobbying campaign. The association spent almost $8.5 million on lobbying in the first quarter of the year, a high water mark dating back almost two decades.
“There are aggressive conversations ongoing … to make sure that all senators recognize the vulnerability that it is going to potentially put all of our hospitals in,” said one stakeholder granted anonymity to speak on strategy”
https://www.politico.com/news/2025/06/17/hospitals-senate-medicaid-megabill-taxes-00410769