Earlier this week, Ford announced new investment in Michigan instead of Mexico, and that set off a storm of speculation as to why they might have done it.  Most of that speculation focuses on two possible answers, with some arguing that Ford acted in fear of Trumpian tariffs against imports and others imagining Ford engaging in billion-dollar political enthusiasms over America's future under Trump.  Both of these views are naive, over-simplified, and largely wrong. The first reality is that America is not governed by its president; on most issues, the president works for Congress, with the Constitution giving the president the power to act independently only when the limitations of communications as understood by the founders required it.  Thus, Obama's continual abuse of office was possible only because Republicans in Congress lacked the courage to impeach and remove him in the face of the media's endless campaign against them and the willingness of...(Read Full Article)