He’s right. When the bulk of tariffs’ impact hits, it’s going to be much, much worse than it is now.
Remember, folks, anything bad is the fault of the most recent president in the opposing party, and anything good is the fault of the most recent president in your party
I know it won’t change Trump supporter minds, but I wish they would ask what quarter will it get better by? That way there was at least something to track.
Normally, I do give the benefit of a doubt for the first year or so of economic news under a new President no matter which party. Policies do not usually have time to have that kind of effect so quickly. It’s great when you can point to a President you don’t like and say “see, the economy went down”, but it usually doesn’t work that way.
Not this time. Trump moved so fast to break so much that he gets to own the whole thing. Doubly so when the Fed’s predictions had been pointing downward when they had been pointing upward before Trump took office.
It’s important to note why he did the tariffs.
It wasn’t because there was an economic trade imbalance.
It wasn’t because he thought they were unfair.
It was because it is essentially the only non-military weapon he has and he wanted to look powerful.
It was because he wanted to alienate our allies under the direction of Putin.
It was because he wanted to feel like a big man. He wanted to show the world he was a dictator.
It was a selfish, dick-measuring move.
I disagree.
He did the tariff BS in order to tank the US economy, so that the elite wealthy can buy/consolidate/privatize at rock bottom prices.
His regime was all by design. And all is going according to plan.
huh, I’m getting to the point where i can recognize genai instantly from just the thumbnail, neat
AI, I need a picture with Linux red hat…
I’m sorry sir,
Or ma’am,
Both,
it seems I’m not allowed to show images of people with red hats. Would you like images of small cats instead?
There it is. The one thing he wasn’t lying about, there was a bump in stocks after the election.
