Michael J. Hicks

The problem with economists asking for a takesy-backsy on their predictions of tariff doom is that it implies they would have had favorable predictions about the tariffs had they known the full trajectory. Who thinks that, if you had told economists a year ago what was going to happen with tariffs, they would have said "sounds reasonable, growth will probably tick up and inflation down, manufacturing demand and productivity will rise and sentiment will improve"? Did I miss all of the economists who have been saying since June that now the tariff level looks OK? The reality is they missed even on the basic mechanisms: the dollar didn't appreciate; the retaliation didn't occur; the administration successfully leveraged tariffs into favorable deals and commitments. Of course the models spit out the wrong answer. Yes, it's embarrassing for a field when confident predictions fail. But it's way more embarrassing when the reaction of practitioners to the failure is to deny a problem exists.

Rep. Rich McCormick: "We were horrible in Vietnam until we did Rolling Thunder One and Rolling Thunder Two, and then we won. As soon as we do half-measures, we lose. The faster we get this over the better. If we seize Kharg Island, it's technically boots on the ground. It could be done almost flawlessly. If we have enough firepower, it would be very easy to defend."

This old home needed a refresh We got rid of the gross overgrowth, updated the colors to something modern, and gave the place a timeless feel So proud of my team

BREAKING: A federal judge blocked Donald Trump from moving ahead with construction of the new WH ballroom. District Court Judge Richard Leon, in his order, barred Trump administration officials “from taking any action in furtherance of the physical development of the proposed ballroom at the former site of the East Wing of the White House.”

IRGC has no shot against these marines.

Not a parody, not a comedy show item. Donald Trump has designed for his Presidential Library main hall, as its highlight, a 10m tall golden statue of himself.

Ha-Joon Chang compares mainstream economics to Catholicism in the Middle Ages. “Economics today resembles Catholic theology in medieval Europe: a rigid doctrine guarded by a modern priesthood who claim to possess the sole truth. Dissenters are shunned.”