On Friday, President Trump claimed that the War Powers Resolution is “totally unconstitutional.” That’s not exactly a mild critique. That’s the political equivalent of flipping the table and saying the rulebook itself is illegitimate. The War Powers Resolution, passed in 1973 in the shadow of the Vietnam War, was Congress’s attempt to rein in a…
When Oil Prices Rise, Do “We” Actually Make Money?
During a recent discussion about rising energy costs, President Trump offered a characteristically blunt assessment of the situation. The United States, he argued, is now the world’s largest oil producer, so when oil prices go up, “we make a lot of money.” On the surface, that sounds logical enough. If you sell something and the…