On the menu today: Good news for those of you who are tired of this political newsletter gallivanting around dangerous countries and telling you what brain nuggets taste like; I’m back in the United States, and the news of the morning is Donald Trump’s address to the joint session of Congress, smashing all records for length and delivered with all of the modesty and humility of the World Series winning team spraying each other with champagne in the locker room. I’m surprised Trump didn’t change his entrance theme from “Hail to the Chief” to Queen’s “We Are the Champions.” Trump is in an ebullient mood, and when looking at the issue of illegal immigration, you can’t blame him. But there are some seriously ominous rattles coming from the American economic engine, and it’s a spectacularly early dire sign to see congressional Republicans insisting that their constituents will be just fine with paying higher prices because they so fervently believe in Trump’s tariff agenda. Read on.
An Economically Shaky Address
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