On Their Own Planet

I was a child in 1968.  I might not have understood everything I saw on the evening news, but I knew it was a tumultuous time. (OK, I didn't know the word "tumultuous".)  As I mentioned the other day, Martin Luther King Jr. was assassinated.  Robert F. Kennedy would meet a like fate two months later.  There were riots, demonstrations and strikes everywhere.

In the midst of it all, some of the cultural touchstones (and cliches) of the late 20th Century made their appearance.  Among them were two movies that became nearly all-purpose metaphors--2001: A Space Odyssey  and Planet of the Apes.

Both movies, er, films, made lots of money for their studios.  If you feel your reputation will be sullied by indulging in a taste for a mere movie, you can turn either into a film by reminding yourself that the music you hear when a chimp uses a shinbone to bash in the skull of a skeletal remain is Richard Strauss's Also Sprach Zarathrusta.  And, Planet of the Apes is based on a novel--namely Pierre Boulle's La Planete des Singes.

(I confess that I learned of the basis in the Boulle novel only recently--as in, about half an hour before I started writing this!)

Anyway...In honor of the 50th anniversary of Planet's first appearance on the big screen, I am offering this:

https://www.askideas.com/chimpanzee-riding-bicycle-funny-picture/

When Toys R Us Didn't Deliver, This Officer Did

Chances are that if you are reading this blog, you didn't purchase your bike at Toys R Us.

But you may have bought one for a daughter, son, grandchild, niece, nephew or other child in your life.  You will not be judged--by me, anyway--if you did.  After all, most such bikes are ridden into the ground, sometimes literally.

Of course, buying anything from Toys R Us is a risky proposition these days, as the chain has declared bankruptcy and is closing its stores.  But I suppose there are bargains to be had, and if you can get one, the risk just might be worthwhile.

(I think I still have a membership card I received when I bought a gift--not a bike!-- for someone's kid or another.  I don't know whether it would actually do me any good now!)

Well, in any event, it seems that when the ship is sinking, some crew members throw their scruples overboard.  That, at least, seems to have been the case in a Temperance, Michigan store.

Toledo police officer Daniel Henderson gives new bike to Haylee McClellan Rowe

Hayley McClellan Rowe bought a bike for her 10-year-old daughter, Shelbie, last month.  As she relates on Facebook, the bike was damaged during assembly.  She returned it and purchased another bike, which was to be assembled by store employees. The receipts for the return of the first bicycle and the purchase of the second were stapled to the box in which the second bike arrived.

When she went to pick up the bike, however, employees could not locate the receipts and the bike was sold to another customer.  Neither the store's management nor the company's offices helped her, even after they were contacted by The Blade of nearby Toledo, Ohio.

Among that city's police officers is a fellow named Daniel Henderson.  He saw Ms. McClellan Rowe's Facebook posts and helped her--and daughter Shelbie--in a way the law couldn't.

He bought her a new bike.

Ms. McClellan Rowe said when she calls the police, she expects help "with the situation at hand."  She did not, however, "expect him to purchase a bike out of his own pocket."

Neither did Toledo Police Chief George Kral.  "Officer Henderson went above and beyond the call of duty for this family, for this little girl," he said.

What--If Anything--Wii This Trade War Cost Us?

I passed the only economics course I took as an undergraduate by promising the professor that he would never, ever see me again if he gave me credit for the class.  If I were to fail, I warned him, I would be forced to take the class again and he might get stuck with me for another semester.

It worked.

Well, all right. It didn't quite go that way.  I passed the class, but I didn't make any such promises or threats.  I think the prof, though, realized that I had absolutely no talent for the subject to which he devoted his life and I wanted to return to school the following semester.  In short, he seemed to feel pity for me, and might've added, oh, a point or two to my final grade.

Anyway...The point of this is that I should not, under any circumstances, be mistaken for an economist.  And, no, I didn't play one on TV. (How does one play an economist on TV?)  So, take anything that resembles economic or business forecasting on this blog with a large bottle of frame prep solution.

As you all know, El Cheeto Grande is proposing tariffs on Chinese imports.  They are in retaliation for similar fees China imposed on imports from the US--which, in turn, were a reaction to earlier tariffs Trumpf slapped on Chinese goods.

The difference between the first and second round of Trump Tariff Punch is that the later round includes a greater number of products than the first, from which consumer goods were mainly absent and, instead, included farm products and basic materials such as steel.

Although details of the second round haven't been made public, some folks who know more than I know say that simply because the second round encompasses about twice as much of what the US imports from China (by monetary value), it's likely to include consumer goods.

As to which consumer goods might be affected:  No one has said outright that bicycles will be in the crosshairs, but it's hard to imagine that they won't be.  The tariffs might even include "bike-related imports", as more than one article put it.  

So, even if you don't buy a Chinese-made bike, there's a good chance that some of the accessories or parts you hang on it will have that tax levied on it.  For example, of my six bikes, four are British (Mercian), one American (Trek) and the other Japanese (Fuji).  I don't have any Chinese parts on them, and about the only accessories from China I use are the rack, lights and handlebar wrap on the Fuji. So, if I were to buy those things today, I wouldn't be affected much, if at all.  

But in spite of my efforts to buy from companies based and operating in countries where workers are paid decently and are guaranteed some basic human rights and protections, I find that I am not "innocent", if you will.  Turns out, my Giro helmets are made in the land of Leninist Capitalism.  So are my riding glasses, gloves and a few other things I use while riding.

What gets taxed, of course, will depend on how the categories of taxed goods are defined.  If there's a group called "bicycle-related goods", or something similar, watch out!  On the other hand, the law might specify certain categories of bicycles defined by price point or wheel size, as is done in places where there is a sales tax on new bicycle sales.  Naturally, none of us would like that tax, but at least you have a clearer idea of what will and won't be taxed.

Now, if this tariff were in the works during my youth, I would have scoffed:  "Well, I don't buy such crap bikes."  These days, though, it's hard to avoid buying Chinese unless you are shopping near the top of the price scale.  Some of those bikes and parts with familiar names you've long known may no longer be made in Europe or Japan or the USA--or even Taiwan.  They may be produced in Chinese factories.

My prediciton:  Some bikes and "bike-related products" will be affected.   But I think they will be a result of falling into larger categories of imports that are affected:  Somehow I don't think that the folks who are charged with turning El Huffy's Twitter storms into international trade law are thinking about bicycles in particular.