The Second Best Way

The Wall Street Journal‘s editors have a way to get us average Americans to save more for our retirements, proposed at the end of its worry (justified) about unintended consequences associated with President Donald Trump’s (R) retirement saving program for our lowest income citizens.

The best way to get Americans to save more for retirement is by bringing down inflation and growing real wages.

The second best way, though, and one with more immediate effect, is to eliminate the contribution caps on our existing retirement programs–401(k), Traditional IRA, and Roth IRA. These are purely arbitrary limits with no fiscal meaning. They were set in order to get Progressive-Democrat buy-in and so actual passage. The limits were demanded by Party in order to cap the more successful and deny them the retirement capacity their greater success otherwise would have facilitated.

It’s time to be done with that.

Removing American Troops from Germany

President Donald Trump (R) has said that he’s going to withdraw 5,000 American soldiers from Germany and that he’s contemplating withdrawing many more. Those many more include, potentially, troops stationed in Spain and Italy. Progressive-Democrats and too many Republicans are upset over the move, but they’re both premature and too narrow in their focus.

The withdrawal itself is no big deal from a US security perspective. What matters is where Trump puts the troops he’s going to withdraw. It would be a net gain in security for us and for (eastern) Europe were those troops taken out of Germany (and Spain and Italy) redeployed into Poland and the Baltic States. Other useful redeployment locaitons would include Slovakia, Hungary, or (back into) Romania, even Moldova.

On the other hand, pulling them back to the US would be a serious mistake.