World Perspectives

Transatlantic Inverse; Farm Bill Chances

Transatlantic InverseDepending on tomorrow’s election outcome, American businesses will either be saddled with more taxes, regulations, and attacks on consolidation, or be hit with higher import tariffs and maybe the goofy ideas of people like Robert F. Kennedy, Jr. By contrast, Europe has now figured out that its economy runs so sluggishly behind the U.S. because its taxes and regulatory burdens are too high. There is still a fight in Europe about changes, but at least they are being discussed. Germany is stuck between its green ambitions and its keeping its old line businesses like automobiles alive. In the end, Europe’s businesses will win relief, and American businesses risk more burden. Farm Bill ChancesReauthorizing the Farm Bill...

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