Sign up to save your podcastsEmail addressPasswordRegisterOrContinue with GoogleAlready have an account? Log in here.
July 30, 2025Post 32645 minutesPlayGeneral 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.And it’s getting worse.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....moreShareView all episodesBy Paul MussonJuly 30, 2025Post 32645 minutesPlayGeneral 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.And it’s getting worse.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....more
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.And it’s getting worse.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.
July 30, 2025Post 32645 minutesPlayGeneral 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.And it’s getting worse.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....more
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.And it’s getting worse.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.