Post 326
Update: 2025-07-30
Description
- General Motors has a long and interesting history.
- It has been hurt by tariffs, but sales did benefit as customers rushed to beat the tariffs.
- Women are twice as likely to be raped in the UK and Sweden than they are in the US.
- And a hundred times more likely than in Japan.
- Chipotle is a fast casual restaurant whose sales have been going in the wrong direction over the last year.
- A quick look back.
- Americans are going to the movies a lot less than they were pre-COVID.
- Higher ticket prices are helping to offset some of the decline.
- In Financial Ructions:
- We look at how since 1961, taxation in Canada has grown faster than any other form of expenditure.
- Surprise, surprise.
- Then we look at how there is one thing in Canada that has grown faster than taxation.
- And that is government spending.
- And no. Canada does not have more runway than other countries in terms of deficit spending and debt to GDP.
- Runway implies no negative effects and from that perspective they all ran out of runway a long time ago.
- All western economies are already suffering enormously from runaway government spending.
- Runway implies no negative effects and from that perspective they all ran out of runway a long time ago.
- And it’s getting worse.
- We look at how since 1961, taxation in Canada has grown faster than any other form of expenditure.
- In our book review of The Way the World Works,
- We look at how lower taxes contributed to the Roaring Twenties.
- And how the tariff tax of Smoot Hawley helped end them.
- We look at how lower taxes contributed to the Roaring Twenties.
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