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It has taken four years, but US President Donald Trump's tax avoidance and deep indebtedness are finally being exposed, as are his many acts of self-dealing and efforts to benefit his cronies. Under Trump, the United States (US) has begun to epitomise crony capitalism, whereby political leaders ext
Would you believe the following story if you heard it? Imagine a small, rural town with one general store that sells to, and buys from, the farmers living in the surrounding area. Owing to their large families, the farmers have been running up a tab at the store, and they now owe the store a great
Webster's Dictionary defines "emergency" as "a sudden, urgent, usually unexpected occurrence requiring immediate action." By that standard, US President Donald Trump's claim that the United States faces an immigration emergency is simply not credible. Immigrants have been coming to the US since its
In the nineteenth century, more than 70 per cent of American workers were farmers. By 2017, that figure was under 2.0 per cent. In 1970, about 32 per cent of private employment was in goods-producing industries. By 2018, that figure was 13.5 per cent. The dynamic sectors of the American economy are
After World War II, the United States led the world in reducing protectionist barriers and establishing an open, rules-based trade system. That effort resulted in a half-century of the most rapid economic growth in human history. But US President Donald Trump's administration is now reversing that
When the United States-Mexico-Canada Agreement (USMCA) was announced, it was met by a sigh of relief around the world. A deal to replace the North American Free Trade Agreement (NAFTA) meant that a complete disaster had been averted. Repudiation of NAFTA with no replacement would have been so costl