Home Depot, the planet’s dominant home improvement chain, made news this week by announcing that 3D printing machines would be for sale at a dozen of their locations. Is this the tipping point for a manufacturing revolution? Or is this just a PR stunt to get people into stores to buy picnic coolers, light bulbs, and hammers?
This past week we saw two important news stories relevant to America’s economic and geopolitical future.
As millions of Americans hit the road for the holiday weekend, they’ll also be hitting the highest pricespaid at the pump since 2008. Why should this be the case when U.S. oil production is actually skyrocketing?
It’s appalling. The recently-released Bureau ofEconomic Analysis data showed the U.S. GDPcontracted by nearly 3% in the first quarter this year. This should be a four-alarm fire for policymakers to implement policies to re-ignite growth.
The Wall Street Journal reported this morning that a“U.S. Ruling Loosens Four-Decade Ban On Oil Exports.” But the headlines have it wrong. The law of the land banning exports of crude oil has not changed.
Brazil’s regulators welcomed Airbnb’s couch-surfing home-sharing solution to the shortage of hotel rooms for World Cup visitors. A lot of U.S. regulators aren’t so happy with Airbnb, and similar Web-centric disruptions to traditional controls and taxes associated with the hotel industry. New York City — and Paris to note another — have mounted legal challenges…