Theo’s Thoughts

Theo’s Thoughts

Are We Headed For a COLA War?

This COLA War won't be Coke versus Pepsi. It'll be the Trump administration versus reality.

May 27, 2025
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In the era of Trump, we’re all living day to day — whether we choose to or not. The orange menace has mastered the art of sucking up all the oxygen in the room by doing more and more outrageous things every day. He has kept the nation entirely off balance.

One day, it’s crazy on-again/off-again tariffs. The next day it’s threatening the independence of our most prestigious universities. Then, it’s flouting the emoluments clause in more extreme ways than ever before. (“A $400 million jet? Sure. Why not? They owe me.”) Next, it’s his latest cryptocurrency money-laundering scam.

It becomes almost impossible not to devote most of one’s attention to the latest outrage. But it’s a good idea to step back from the day-to-day insanity to look at some longer term items — things that will affect U.S. citizens’ lives but that aren’t necessarily front page h…

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