News Story of the Day: so, after unnecessary back and forth exchanges, President Donald Trump has announced that he will meet with North Korean dictator Kim Jong-un by May.
Good for him!
More from the Associated Press:
North Korean dictator Kim Jong Un and President Donald Trump plan to meet in May for nuclear disarmament talks, a whiplash development that would put two leaders who’ve repeatedly insulted, threatened and dismissed each other in the same room, possibly in the North Korean capital of Pyongyang.
It would have been an unthinkable suggestion just a few months ago, when the insults were at their peak — Trump was a “senile dotard” and Kim was “Little Rocket Man” — and the North was snapping off regular weapons tests in a dogged march toward its goal of a viable nuclear arsenal that can threaten the U.S. mainland.
Liberal South Korean President Moon Jae-in, who some believe has maneuvered the two leaders to this position, reflected the hope and relief many here feel about the planned summit when he declared Friday that it will be a “historical milestone” that will put the denuclearization of the Korean Peninsula “really on track.”
This is definitely an improvement from the militant talk over the last year and the disappointing foreign policy of the Trump administration.
Plus, the president has had a terrible, horrible, disgusting past couple of weeks with tariffs and gun confiscations.
Chart of the Day: the United States economy added a whopping 313,000 jobs in February, up from the ADP numbers of more than 200,000 in the private sector, and up from January’s 239,000. So, where exactly were the jobs? Construction, retail trade, and professional services.
Here is a chart courtesy of CNBC:
Illustration of the Day: how many hours does it produce one ton of steel? Well, a lot less than it did 60 years ago. From the American Enterprise Institute:
Quote of the Day: could the steel tariffs affect Saudi America? With the shale-revolution still intact and President Trump wanting to be an energy powerhouse, the latest tariffs could impact those objectives.
From The Washington Examiner:
Take pipelines. Trump’s tariff on imported steel would raise the cost of pipelines because the steel used in making pipelines must meet rigorous technical specifications to ensure that it doesn’t corrode or fracture during a lifetime that may exceed 30 years. According to the Association of Oil Pipelines, a trade group that represents owners and operators, more than 75% of the pipeline used in the U.S. must be imported, either in the form of finished pipe or the raw material used to fabricate it in the U.S. The ability of domestic steelmakers to supply steel to the oil and gas industry is minimal, accounting for just 3 percent of the total amount of steel required by the industry in most years.
Tweet of the Day: when you talk politics, are you civilized or crazy? Only the other person can answer that:
— YALiberty (@YALiberty) March 9, 2018
Video of the Day: fake news is prevalent, particularly in the mainstream media – we’re looking at you CNN. So, what’s the solution? Reason’s Andrew Heaton thinks he has the answer:
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