A few months ago I stopped into a Kmart store in south Anaheim to buy a bottle of “Slime” inner-tube bicycle tire repair. The place was a total train wreck. Three bottles out of four of the Slime product were missing a necessary tube for using it.

The time of day was only a little after the noon hour, and the store looked as if it hadn’t been straightened and filled for days. Yet, there were almost no visible customers, anywhere, as I walked through the place. Thus, the only explanation for the store’s shabby appearance that I can think of is that it really hadn’t been straightened or stocked for days, or even weeks.

It seems to me that Sears-Kmart is presenting its seed corn to investors as yield. That is why the firm’s profit is up while its revenue is down. The appearance of its retail storefronts is suffering under a strain to show a profit.

I suspect that Sears-Kmart is nearly out of time. In two years, the company will be dissolved.

While seeking to further increase an unfair trade advantage of Far Eastern manufacturers over those of America, President Obama seeks to further tighten the lid on American domestic production with more environmental regulations.

I am all for higher emissions standards so long as those standards are combined with tariffs meant to protect American manufacturing.