After two decades of deferring to executive authority and eroding anti-bribery laws, the supreme court has suddenly limited presidential power in a way that could make one ugly form of political influence a bit more difficult to pull off. Last week’s ruling did not merely strip one president of his executive power to unilaterally impose levies across broad swaths of the economy – it makes it harder for any president to transform tariffs from a broad economic policy into a personal political cudgel that muzzles criticism and enforces fealty.
特朗普威脅已有貿易協定國家別「玩花樣」2026年2月24日
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Outrageous? Well, corporate welfare for Rolls is obviously absurd in the abstract. If there is a definition of a company that can afford to pay for its own research and development, this is it. One might also say Rolls owes us a favour since it was the recipient of billions of pounds worth of loan guarantees from the UK’s export finance agency when the Covid wolf was at the corporate door in 2020.
But the majority of the economic literature points to these drawbacks being eventually mitigated by the economic upsides to immigration. Higher housing prices are usually offset by increased supply owing to many immigrants joining the construction industry. And the greater GDP growth that usually accompanies immigration can actually raise native-born wages, the Deloitte researchers noted, by boosting overall productivity.
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