Monday in Whitewater will be windy with a high of 45. Sunrise is 6:50 and sunset is 7:12, for 12 hours, 22 minutes of daytime. The moon is a waning crescent with 28.7 percent of its visible disk illuminated.
Whitewater’s Urban Forestry Commission meets at 5:30 PM and the Police and Fire Commission at 6 PM.
Farm and construction equipment manufacturers started the year with high hopes for the economy, bolstered by President Donald Trump’s campaign promises to cut taxes on domestic producers and slash government regulations.
But that optimism has given way to fears of a possible recession, sparked by Trump’s international trade war, said Kip Eideberg, senior vice president for the Association of Equipment Manufacturers, a national trade group based in West Allis.
“If we are dragged or pushed into a recession as a result of the tit for tat tariffs, that’s a whole ’nother level of pain,” he said. “That’s the biggest fear right now.”
….
China, Canada and the European Union plan to hit Wisconsin’s two largest industries, agriculture and manufacturing, with retaliatory tariffs. The moves come in response to Trump’s tariffs on steel and aluminum and his broader threats and use of tariffs.
Almost 10 percent of Wisconsin’s jobs — or nearly 300,000 — were in industries those countries are targeting. That’s the largest share of any state in the country, according to an analysis from The New York Times.
From the New York Times, here’s the portion of the story to which the WPR story refers:
Rural parts of the country are once again at risk from retaliation. Agriculture is a major U.S. export and farmers are politically important to Mr. Trump. And rural counties may have one major employer — like a poultry processing plant — that provides a big share of the county’s jobs, compared with urban or suburban areas that are more diversified.
The retaliatory tariffs target industries employing 9.5 percent of people in Wisconsin, 8.5 percent of people in Indiana and 8.4 percent of people in Iowa. The shares are also relatively high in Arkansas, Alabama, Mississippi, Kentucky and Kansas.
The shapes of these cells are puzzling. They have wavy edges and protrusions and fit together a bit like puzzle pieces. But what is it for? New research looking at the lymph capillary cells, found throughout human tissues, has determined how exactly these tiny vessels are able to let fluid and immune cells pass through between them while also being strong enough to resist rupturing under pressure. Their unusual shape seems to be key…
Tuesday in Whitewater will be windy with a high of 53. Sunrise is 7:13 and sunset is 6:57, for 11 hours, 44 minutes of daytime. The moon is a waxing gibbous with 93.2 percent of its visible disk illuminated.
Whitewater’s Public Works Committee meets at 5 PM.
On this day in 1941, President Roosevelt signs the Lend-Lease Act into law, allowing American-built war supplies to be shipped to the Allies on loan.
President Donald Trump said Tuesday that he will double his planned tariffs on steel and aluminum from 25% to 50% for Canada, escalating a trade war with the United States’ northern neighbor and showing an indifference to recent stock market turmoil and rising recession risks.
Trump said on social media that the increase of the tariffs set to take effect on Wednesday is a response to the price increases that the provincial government of Ontario put on electricity sold to the United States.
“I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all STEEL and ALUMINUM COMING INTO THE UNITED STATES FROM CANADA, ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD,” Trump posted Tuesday on Truth Social.
After a brutal stock market selloff on Monday and further jitters Tuesday, Trump faces increased pressure to show he has a legitimate plan to grow the economy instead of perhaps pushing it into a recession. But so far the president is doubling down on the tariffs he talked up repeatedly during the 2024 campaign and throwing a once stable economy into utter turmoil as investors expected him to lead with deregulation and tax cuts instead of colossal tax hikes.
Update, 3.12.25: Only hours later on Tuesday, Trump reversed course. (Trump defines decisive down.)
The reporting is sound: tariffs do act as tax hikes, and Trump’s tariffs will be, in effect, colossal tax hikes on consumers and businesses. All America will feel them.
The Firefly Aerospace Blue Ghost moon lander has begun its work on the moon using its drill, vacuum and electrodes. Blue Ghost has drilled into surface to determine heat flow from interior of Moon. It has deployed four tethered Lunar Magnetotelluric Sounder (LMS) electrodes and an 8-foot mast to study the deep interior of the moon. Also, it’s Lunar PlanetVac collects lunar soil and more using pressurized nitrogen gas.
Monday in Whitewater will be sunny with a high of 66. Sunrise is 7:15 and sunset is 6:55, for 11 hours, 41 minutes of daytime. The moon is a waxing gibbous with 87.2 percent of its visible disk illuminated.
Whitewater’s Plan & Architectural Commission meets at 6 PM.
On this day in 2017, the impeachment of President Park Geun-hye of South Korea in response to a major political scandal is unanimously upheld by the country’s Constitutional Court, ending her presidency.
Whitewater is in Wisconsin, and Wisconsin is in America. The economic outlook for America is in decline. Whitewater will not escape national and state trends.
“I hate to predict things like that,” Trump said when pressed about the possibility of a recession during a recorded interview that aired on “Sunday Morning Futures with Maria Bartiromo.”
….
The rosy economic outlook that greeted Trump’s return to the White House has dimmed in recent weeks. The unemployment rate ticked up to 4.1% in February, boosted by firings in the public sector. And consumer confidence fellby the most in any given month since August 2021.
The conservative populists have no sound grasp of economics, as theirs is a movement of cultural revenge, not economics. Trump’s first term was an economic failure, yet many of them delusionally imagine him as an economic guru.
Truth in advertising: Come for the culture war, stay for the recession.
Good morning. Sunday in Whitewater will be partly sunny with a high of 51. Sunrise is 7:10 AM and sunset 6:09 PM for 10h 59m 28s of daytime. The moon is a waning gibbous with 60.9% of its visible disk illuminated. On this day in 1923, The Walt Disney Company is founded. Embed from Getty Images…
Good morning. Wednesday in Whitewater will be mostly sunny with a high of 58. Sunrise is 6:49 AM and sunset 6:40 PM for 11h 50m 44s of daytime. The moon is a waxing crescent with 7.6% of its visible disk illuminated. Whitewater’s Parks & Recreation Board meets at 5:30 PM. On this day in 1781,…
Good morning. Tuesday in Whitewater will be mostly cloudy with a high of 87. Sunrise is 5:48 AM and sunset 8:13 PM for 14h 25m 26s of daytime. The moon is a waxing crescent with 20.5% of its visible disk illuminated. The Whitewater Common Council meets at 6:30 PM. On this day in 1932, the positron (antiparticle…
Good morning. Tuesday in Whitewater will be mostly sunny with a high of 89. Sunrise is 5:34 AM and sunset 8:28 PM for 14h 53m 39s of daytime. The moon is a waning gibbous with 61.5% of its visible disk illuminated. Whitewater’s Common Council meets at 6:30 PM. On this day in 1903, Maurice Garin wins…
Pres. Biden plans measures to increase market competition. David Leonhardt reports Biden’s New Push (‘The U.S. economy suffers from a lack of competition. President Biden wants to change that’): The U.S. economy has been less dynamic in the 21st century, by many measures, than it was in the late 20th century. Fewer new businesses are starting.…
After years of flamboyant lies about what Foxconn would be able to achieve in Wisconsin, there’s a new deal with that foreign corporation. That new arrangement reflects a reduction of 90% or more in what Wisconsin expects and what the state will offer. Local governments have already wasted millions on absurdly grandiose, false promises Not…
Over at the Wisconsin Examiner, Henry Redman writes (with concern) that All politics is national (‘Candidates for local office are ignoring community issues, instead highlighting national culture wars’). First, Redman’s case, then a few remarks. Woodman [Kyle Woodman, a Republican running for Eau Claire’s city council] is part of a mostly conservative group of candidates…
One reads that Whitewater now has an option, for most of the city, of grocery delivery from nearby cities. As it is, Whitewater has a Walmart, but no stand-alone, full-service grocery. Private delivery service is a benefit to the community. It’s better to have more grocery options than fewer. These are private enterprises providing private delivery…
Last night, 60 Minutes broadcast an interview with Federal Reserve Chairman Jerome Powell in which Powell discussed current economic conditions and prospects for recovery. (Powell sat for the interview on Wednesday, 5.13.20 with Scott Pelley of CBS News.) The interview is available online, as is a transcript. Below are excerpts from the transcript (although Powell’s…
Although the Roosevelt Administration was (whatever its other mistakes) candid about the economic conditions it faced, there was in the ’30s, as there has been over the 2010s in Wisconsin, a delusional impulse to happy talk – regardless of economic conditions – among some politicians and some business groups. Margaret Bourke-White‘s Kentucky Flood depicts the…
Conservative Jonathan V. Last, writing at The Bulwark, invites readers to Come Meet the Biggest Fool in America. In part of an email newsletter sent to subscribers today, Last rightly excoriates economist Richard Epstein for minimizing the risks from the coronavirus pandemic. Last writes (yes, a pun) that I mention all of this as a…