Good morning. Monday in Whitewater will be partly cloudy with a high of 64. Sunrise is 5:16 and sunset is 8:32, for 15 hours, 16 minutes of daytime. The moon is a waxing gibbous with 96.9 percent of its visible disk illuminated. Whitewater’s Plan & Architectural Review Commission meets at 6 PM. On this day…
Tariffs
Business, Daily Bread, Tariffs
Daily Bread for 6.8.25: Tariffs Threaten Industry They’re Meant to Save
by JOHN ADAMS •
Good morning. Sunday in Whitewater will be mostly sunny with scattered afternoon showers and a high of 73. Sunrise is 5:16 and sunset is 8:31, for 15 hours, 15 minutes of daytime. The moon is a waxing gibbous with 92.4 percent of its visible disk illuminated. On this day in 1959, USS Barbero and the United States Postal…
Bad Ideas, Daily Bread, Economics, Economy, Tariffs, Taxes/Taxation
Daily Bread for 5.18.25: Let Them Eat Tariffs
by JOHN ADAMS •
Good morning. Sunday in Whitewater will be mostly cloudy with a high of 61. Sunrise is 5:28 and sunset is 8:14, for 14 hours, 45 minutes of daytime. The moon is a waning gibbous with 70 percent of its visible disk illuminated. On this day in 1863, Union forces under Ulysses S. Grant begin the Siege of Vicksburg during the…
Business, Daily Bread, Federal Government, Government Spending, Tariffs, Wisconsin
Daily Bread for 5.16.25: Solar Faces a Federal Budget Hit
by JOHN ADAMS •
Good morning. Friday in Whitewater will be sunny with a high of 82. Sunrise is 5:30 and sunset is 8:12, for 14 hours, 42 minutes of daytime. The moon is a waning gibbous with 86.5 percent of its visible disk illuminated. On this day in 1527, the Florentines drive out the Medici for a second time and Florence re-establishes…
Daily Bread, Economics, Economy, Tariffs
Daily Bread for 5.15.25: Retail Sales Stall
by JOHN ADAMS •
Good morning. Thursday in Whitewater will see afternoon thunderstorms with a high of 89. Sunrise is 5:31 and sunset is 8:11, for 14 hours, 39 minutes of daytime. The moon is a waning gibbous with 92.4 percent of its visible disk illuminated. Whitewater’s Community Development Authority meets at 5:30 PM. On this day in 1911,…
Bad Ideas, Business, Daily Bread, Tariffs, Taxes/Taxation
Daily Bread for 5.10.25: The Dubious Prospects for Onshoring
by JOHN ADAMS •
Good morning. Saturday in Whitewater will be sunny with a high of 73. Sunrise is 5:37 and sunset is 8:06, for 14 hours, 28 minutes of daytime. The moon is a waxing gibbous with 95.9 percent of its visible disk illuminated. On this day in 1773, the Parliament of Great Britain passes the Tea Act, designed to save…
Business, Daily Bread, Economy, Tariffs
Daily Bread for 5.7.25: Small Businesses Face Tariff Shock
by JOHN ADAMS •
Good morning. Wednesday in Whitewater will be partly cloudy with a high of 69. Sunrise is 5:40 and sunset is 8:02, for 14 hours, 22 minutes of daytime. The moon is a waxing gibbous with 78.4 percent of its visible disk illuminated. Whitewater’s Starin Park Water Tower Committee meets at 6 PM, and the Landmarks…
Business, Daily Bread, Tariffs
Daily Bread for 5.6.25: Tariffs and Supplies
by JOHN ADAMS •
Good morning. Tuesday in Whitewater will be sunny with a high of 75. Sunrise is 5:42 and sunset is 8:01, for 14 hours, 19 minutes of daytime. The moon is a waxing gibbous with 70 percent of its visible disk illuminated. The Whitewater Unified School District’s Finance Committee meets at Noon. Whitewater’s Alcohol Licensing Committee…
Business, Daily Bread, Tariffs, Wisconsin
Daily Bread for 5.5.25: Solar Takes a Tariff Hit
by JOHN ADAMS •
Good morning. Monday in Whitewater will be cloudy with a high of 62. Sunrise is 5:43 and sunset is 8:00, for 14 hours, 17 minutes of daytime. The moon is a waxing gibbous with 60.3 percent of its visible disk illuminated. The Whitewater Unified School District Board meets in open session at 6:30 PM, then…
Business, Daily Bread, Demographics, Tariffs, Wisconsin
Daily Bread for 5.4.25: Economics of Wisconsin’s Demographics
by JOHN ADAMS •
Daily Bread, Tariffs, Taxes/Taxation, Trump, Wisconsin
Daily Bread for 4.24.25: Trump’s Tariffs and the Wisconsin Economy
by JOHN ADAMS •
Good morning.
Thursday in Whitewater will be increasingly sunny with a high of 72. Sunrise is 5:58 and sunset is 7:47, for 13 hours, 49 minutes of daytime. The moon is a waning crescent with 14.9 percent of its visible disk illuminated.
On this day in 1704, the first regular newspaper in British Colonial America, The Boston News-Letter, begins publishing.
Tariffs are taxes. The loudest voices1 in Whitewater claiming an anti-tax position are also those who supported the man now responsible for what amounts to the largest American tax increase in over a generation. Trump’s imposition of tariffs will cause significant hardship to Wisconsin’s economy:
“That whipsawing back and forth, that creates a tremendous amount of uncertainty,” said Steven Deller, a University of Wisconsin-Madison professor who researches the state’s agricultural and manufacturing economy. “And one thing that the economy hates is uncertainty.”
….
First Trump added “national emergency” tariffs ranging from 10% to 25% on imports from China, Canada and Mexico. After adjusting those tariffs several times, he announced on April 2 a baseline 10% tariff on goods from all countries that export to the U.S., along with higher “reciprocal” tariffs on countries with which the U.S. has trade deficits — a move that set the stock market plunging. Trump paused most reciprocal tariffs days later.
As it stands, most Chinese imports face tariffs of 145%, while Canada and Mexico face 25% tariffs, along with 10% for most everyone else.
….
Wisconsin imported more than $38 billion in goods last year, about half from countries facing the highest Trump tariffs: China, Canada and Mexico.
Machinery and electronic products made up about one-third of Wisconsin’s total import value last year. Pharmaceutical products, some of which Trump has since spared from tariffs, made up 12%.
….
Deller calls tariffs a regressive tax because they most affect people with lower income.
“They tend to spend their money more on goods than services,” he said. “They’re more likely to shop at a Walmart or a Dollar General-type store, and a lot of the goods that are sold in those kinds of stores come from international markets.”
See Khushboo Rathore, DataWatch: Trump’s tariffs and Wisconsin’s economy, Wisconsin Watch, April 21, 2025.
See also Tariffs Will Make Wisconsin’s Manufacturing Decline Harder to Reverse, Farmers, Farmers, Part 2 (Slogans and Reality), and The Anti-Tax Crowd Backed a Taxman.
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- No one has mucked up public policy in the city more than these special-interest gentlemen. If across an entire football field, a chihuahua relieved itself in one small spot, that’s exactly where these men would step. ↩︎
Jeff Bezos’s latest publicity stunt rocket trip has met with widespread ridicule. Gayle King tried to defend the trip, but Alfred “Fredo” Thomas III (always sharp) makes quick work of her defense:
Daily Bread, Economics, Economy, Tariffs, Taxes/Taxation, Trade, Wisconsin
Daily Bread for 4.18.25: Tariffs Will Make Wisconsin’s Manufacturing Decline Harder to Reverse
by JOHN ADAMS •
Good morning.
Good Friday in Whitewater will be cloudy with a high of 73. Sunrise is 6:08 and sunset is 7:41, for 13 hours, 33 minutes of daytime. The moon a waning gibbous with 73.1 percent of its visible disk illuminated.
On this day in 1938, Superman debuts in Action Comics #1 (cover dated June 1938).
Tariffs are supposed to be the cure for manufacturing. They won’t be:
Wisconsin manufacturers and farmers rely on exports, but the value of the goods they sell abroad has fallen over the last decade. And new U.S. tariffs could make it harder for them to reverse that trend, especially in the short term.
That’s according to a new report released Thursday by the Wisconsin Policy Forum looking at state exports in the wake of what it calls the “most expansive U.S. tariffs in generations.” The report examined what goods produced in Wisconsin sell to international markets, who buys those products and where in the state they come from.
Manufacturing and agriculture play an “outsized role” in the state’s economy, but many of those businesses have had a “bumpy ride” so far this year with the expanded use of tariffs, the report said. As of 2023, nearly 19 percent of the state’s private sector jobs were in manufacturing, according to the report. In 2022, the value of Wisconsin’s agricultural sales was the 10th highest in the country.
….
The report warns tariffs could negatively affect Wisconsin exporters by forcing trade partners to respond with their own tariffs on American products, making them more expensive.
“When we think about what it is we’re exporting, a lot of these heavy machines are long-term investments that are very expensive,” Byrnes said. “When you change the price by 10 or 20 percent, that may be millions of dollars. That’s something that a purchaser on the other side of the tariff barrier will have to consider.”
See Joe Schulz, New report highlights importance of exports for Wisconsin manufacturers, farmers
Trump tariffs will make it harder for Wisconsin to reverse decade of export value declines in the short term, Wisconsin Public Radio, April 17, 2025.
See also Turbulence for Wisconsin’s Export Economy, Wisconsin Policy Forum, April 17, 2025:
Tariffs are taxes, they’ll not boost manufacturing as we’ve not the labor pool for a boost, and they’ll risk the manufacturing exports Wisconsin now has. See also Federal Planning for Manufacturing Isn’t Planning at All (“We don’t have enough workers for the jobs that we have, let alone if we want to grow a job (field),” [president of the business lobbying group Wisconsin Manufacturers & Commerce Kurt] Bauer with WMC said. “This is a significant challenge.”) and The Anti-Tax Crowd Backed a Taxman.
Hubble spies 9.5 light-year bit of the amazing Eagle Nebula:
Agriculture, Business, Daily Bread, Economy, Tariffs, Taxes/Taxation, Trump, Wisconsin
Daily Bread for 4.16.25: Farmers, Part 2 (Slogans and Reality)
by JOHN ADAMS •
Good morning.
Wednesday in Whitewater will be partly sunny with a high of 55. Sunrise is 6:11 and sunset is 7:38, for 13 hours, 28 minutes of daytime. The moon a waning gibbous with 89 percent of its visible disk illuminated.
Whitewater’s Parks & Recreation Board meets at 5:30 PM.
On this day in 2018, The New York Times and the New Yorker win the Pulitzer Prize for Public Service for breaking news of the Harvey Weinstein sexual abuse scandal.
Yesterday’s post, Farmers, cited reporting on the effects of a trade war on farmers. Trump is aware of these concerns, and so he used his Truth Social platform to publish his position on a trade war’s effects on agriculture. Below are Trump’s remarks contrasted with real experiences.
Trump’s post:
Our farmers are GREAT, but because of their GREATNESS, they are always put on the Front Line with our adversaries, such as China, whenever there is a Trade negotiation or, in this case, a Trade War. The same thing happened in my First Term. China was brutal to our Farmers, I these Patriots to just hold on, and a great trade deal was made. I rewarded our farmers with a payment of $28 Billion Dollars, all through the China deal. It was a great transaction for the USA, until Crooked Joe Biden came in and didn’t enforce it. China largely reneged on the deal (although they behaved during the Trump Administration), only buying a portion of what they agreed to buy. They had ZERO respect for the Crooked Biden Administration, and who can blame them for that? Interestingly, they just reneged on the big Boeing deal, saying that they will “not take possession” of fully committed to aircraft. The USA will PROTECT OUR FARMERS!!!
The farmer John Pihl’s genuine experience with Trump’s subsidies:
The payments were helpful, Pihl said. But they weren’t a fix for the longer-term damage done by Trump’s first-term tariffs.
“That was just for the one year. What about the market loss that continued through his term and into Biden’s term? I think the amount is incredible,” he said.
Of Trump’s remarks:
- The greatness of farmers has not made them targets; Trump’s trade war has done that.
- As lifetime farmer John Pihl explains above, Trump’s deal in his first term did not make farmers whole, and that deal was insufficient on its own, apart from the Biden Admin. See also Adriana Belmonte, Trump’s massive farmer bailout failed to make up for the ‘self-inflicted’ trade damage, January 18, 2021. (Trump’s bailout was a failure even before Biden took office.)
- Trump claims that China has ‘behaved’ during his administration, but he admits in his post that (a) they’ve hit back at Boeing and (b) China has applied huge retaliatory tariffs across the board.
Meanwhile, here’s how ordinary Chinese are depicting the Trump Admin:
Even ordinary TikTok users on the other side of the world have Trumpism’s number.
One can and should oppose the Chinese government without stumbling into an inflationary trade war.
Meanwhile, where did Trump get all those gaudy gold appliqués with which he’s littered the Oval Office? Trump’s vulgar additions are surprisingly similar to what the Chinese sell on Alibaba:
Agriculture, Business, Daily Bread, Economy, Tariffs, Taxes/Taxation, Trump, Wisconsin
Daily Bread for 4.15.25: Farmers
by JOHN ADAMS •
Good morning.
Tuesday in Whitewater will be windy with a high of 50. Sunrise is 6:12 and sunset is 7:37, for 13 hours, 25 minutes of daytime. The moon a waning gibbous with 94 percent of its visible disk illuminated.
The Whitewater Common Council meets at 6:30 PM.
On this day in 1922, U.S. Senator John B. Kendrick of Wyoming introduces a resolution calling for an investigation of a secret land deal, which leads to the discovery of the Teapot Dome scandal.
Farmers in the rural Midwest and across America will feel the consequences of Trump’s trade war:
Tariffs are making life more expensive for John Pihl. He’s been farming in Northern Illinois for more than 50 years.
“These tariffs are going to affect everything. It’ll affect our parts — it’s just across the board. Which is going to hurt everything,” he said.
Not only do tariffs affect the cost of farm supplies, but they also raise the risk of retaliation against exports of U.S. crops: a double-whammy for farmers like Pihl.
“It’s a good way to lose your customers,” he said. “And I think we’ll probably lose more on this round too, because I know that Mexico is our biggest importer of corn. But this time, they may figure out that they can get corn from South America just as easily as from the U.S.”
….
All told, the first Trump administration spent $28 billion bailing out farmers. This time around, the tariffs are much higher than they were six years ago, and it’s unclear how long they will persist.
NPR asked the White House for details on what relief is under consideration this time, but received no response.
The payments were helpful, Pihl said. But they weren’t a fix for the longer-term damage done by Trump’s first-term tariffs.
“That was just for the one year. What about the market loss that continued through his term and into Biden’s term? I think the amount is incredible,” he said.
See Danielle Kurtzleben, China put steep tariffs on U.S. exports. Farmers are worried, NPR, April 12, 2025.
But it’s all fake news, right? These consequences for can’t be true, can they? Mr. Trump has a plan, of course he does. (He had a plan before each of his six business bankruptcies, didn’t he?)
Come for the culture war, stay for the inflationary trade war.
Elephants huddle in ‘alert circle’ to protect young during California earthquake: