New, from me: "New U.S. Tariffs Are Contributing to the Shipping Crisis, and There’s Little We Can Do About It" cato.org/blog/new-us-ta…
Amidst all the news on the #ShippingCrisis threatening the economic recovery, little's been said abt the new, 221%(!) trade remedy duties the US just slapped on imports of an essential piece of freight equipment (intermodal chassis) from the world's largest supplier (China) /2
This is undoubtedly exacerbating the current US chassis shortage, raising shipping prices and increasing bottlenecks: /3 Image
It also contradicts Biden's own consumer-protection priorities in the US shipping sector. Yet the duties were applied anyway, & US law prohibits the agencies from even considering the economic/policy implications. (Other countries do this.)

Heckuva system we have here 🤬 /x

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More from @scottlincicome

11 Sep
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
🇺🇸 BAT DOG 🇺🇸
Why doesn't every MLB team have a Bat Dog? This VGB is perfect on the night. And the crowd goes wild every time.
Read 4 tweets
26 Aug
Great Parents' Night tonight. We're only 5 days in, and it appears that the 8YO is already gaming the homework system. Chip off the ol' block. #proud
Don't let your kids read this, but I basically did - at best - 20% of my homework through 12 yrs of school (without cheating, obvs), and I turned out just fine. Gaming the system is an important skill too - maybe THE MOST important! #slackersFTW
True story: my mom went to some parents' night back in the day & the mom next to her started talking abt all the homework her son did, and Mom just nodded along & then came home all mad & asked "X does 3 hrs of homework per night and you do like 15 mins how is that possible" LOL
Read 5 tweets
9 Jul
"The government should turn Twitter into Gab" is quite the take tbh
Can't spell Nationalised Social Media without National Socialism!
(had to use the euro spelling there for the joke to work but think it landed so it's fine)
Read 4 tweets
9 Jul
Indeed, most of the industries targeted by the Biden "Promoting Competition" EO - Healthcare; Transportation; Agriculture; Telecoms/Tech; Banking - are insulated from foreign competition (goods, services, labor) by law/regulation. Other than Canadian drugs, the EO ignores this.
IN FACT...
(that's the Biden EO factsheet - very competitiony whitehouse.gov/briefing-room/…)
Read 5 tweets
29 May
There's apparently a small(ish) black bear roaming around inner-suburban Raleigh (ITB, near Village Square). Multiple sightings in people's backyards. Crazy.
Here it is yesterday abt 3-5 miles from where it was just spotted earlier today. Not that small!
Honestly not sure how I'd react to seeing this guy/gal in my backyard. Sheet terror, probably.
Read 7 tweets
28 May
The bright side of owning this MG is that I'm learning a TON about how cars work.
Got the MG running again all by myself and now I feel like
However (sigh), this fix is only temporary. Appears the carb needs to be rebuilt, and that is way - WAY - above my pay grade. Sigh.
Read 4 tweets

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