Day: June 8, 2019

As part of her plan, she attacked Levi’s for making most of their jeans overseas. She also mentioned, as a problem because of overseas manufacturing, other firms including Dixon Ticonderoga — maker of the famous №2 pencil. Carlson cheered all this. He said firms that manufacture products overseas cost “millions of good jobs lost” here in America.

Of course, this view is a call for economic protectionism.

Source: EconomicPolicyJournal.com: Tucker Carlson Endorses Elizabeth Warren’s Economic Central Planning Program and Then Disses Austrian School Economics

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I thought Tucker Carlson had “it”, but this shows he doesn’t get “it”.

“It” being that truly free trade makes everyone richer and peaceful.

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It turns out that commercial package delivery for e-commerce retailers such as Amazon was actually profitable for the USPS. Revenue from delivering packages increased in 2018. The problem is that revenue from first-class mail, which is still the biggest source of the USPS’s revenue, continues to decline even as labor costs continue to increase. In 2018, labor costs accounted for 76 percent of overall operating costs, and especially the pension and health benefits provided to each of the USPS’s retired government employees.

Lost in all of this is the real problem with the Post Office, specifically the postal monopoly and, to a larger extent, the fact that the federal government is involved in the postal business.

Source: Time to End the Postal Monopoly – The Future of Freedom Foundation

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Have to blame Ben Franklin for this mess.  He was the advocate for a Post Office.  He did OK with fire insurance, bifocals, and a lot of other things.  But he really did realize what boondoggle this would become!

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