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....claiming tariffs would bring in “$1 trillion”
They've already LOST $11 trillion. What an utter imbecile!!
So it'll just take 11 years to even out.
Edit: Just double checked, it's 1 trillion in the "next year or so". So x >= 11 years :(
tRump maths...lol.
In fairness to Trump, he has never, ever experienced the consequences of his actions. Bankrupt? Didn't put a dent in his life since his father and banks kept the money flowing to him regardless, more than once. Rapist? No jail time. Fraudster? No jail, not sure that any fines have even been paid. So why would he think, when nothing bad happens to him and he can still golf the weekend away, that anything bad will happen to all the people losing their jobs, their investments, their retirement, their homes? Why don't they all have rich fathers and sycophantic bankers to bail them out? At very least they should have Russian mafia backers like he does, that make it look like he's a billionaire, even if it really is billions in debt to them.
I agree that he wouldn't consider the consequences, but you're mistaken if you think he has given even a single thought to the plight of the people his tariffs are impacting - his narcissism wouldn't allow the thought to even form in his orange head.
It's amazing how confident the truly stupid are.
Economic Medicine? This shit must have been economics course at the fucking failed Trump University.
its called a word salad, and the WEAVE.
he's totally ok that every vulnerable has to eat leather boots to make it through a depression.
"libs were pwned"
Stupid questions for stupid people.
Well, it is a stupid question. A real journalist would ask how much more pain he's willing to let the American people tolerate for his poorly disguised reverse pump and dump scheme
His motives may be unclear, but his actions are crystal clear. He’s tried to enact tariffs already and been stopped before they were implemented because everyone knows the level of damage they cause. He’s moving forward this time. He’s deliberately crashing the global economy.
Why? Who knows? His Silicon Valley overlords demand it? I doubt it’s Putin, because Russia’s economy is hanging on by a thread, and the last thing they need is a global downturn, especially when it craters oil prices. Is it just that Trump is stupid, maybe senile, and ultimately in charge?
Regardless, the leader of the biggest economy in the world has decided that it’s time for a global recession/depression, so unless that course is changed, that’s probably what’s going to happen.
His motives are always crystal clear. Ego. He wants people to grovel and beg for exceptions. He wants to feel powerful. The fact that mainstream news won't say so is likely predicted on not wanting to be banned from the press pool like the AP was.
The government and media have a mutually parasitic relationship. The government uses the media to spread and reinforce their propaganda, while the media's jobs are made much easier by having direct and ostensibly willing access to the people in government. If they want access, the media has to play ball. The rules seem to be unwritten, like their own little interwoven social contract. The result being that they've mostly become pushovers when some Orange Jackass comes along to play dictator and burn the country to the ground in pursuit of his own aggrandizement.
His motives are always crystal clear. Ego. He wants people to grovel and beg for exceptions. He wants to feel powerful. The fact that mainstream news won’t say so is likely predicted on not wanting to be banned from the press pool like the AP was.
He also wants personal "favors". He will come out of this vastly wealthier, even if USA becomes a third world country,
It's all plans from the '30s. Canada, the US, Mexico, Greenland, dismantling democracy to install technocrats, crashing the economy to bring back company towns - none of it is new, it's just being implemented in a nonsensical and incompetent way, so it seems random
It's not a good plan to start with, but there is a plan... One the oligarchs bought into, but without understanding how the plan was meant to be enacted
Everybody is thinking way, way too much into this.
If Trump would have to answer a question where he doesn't know the answer, or would have to admit that people disagree with him, or he feels even mildly challenged, this is considered a personal attack on him. You are trying to get him to admit to not being 100% perfect 100% of the time. And he responds to that by lashing out like a small child, attacking you, making up childish names for you, and insulting you. This is how he has always responded.
This has nothing to do with his thoughts on economic policies or the effects of his tariffs. He doesn't think far enough ahead to either know or care. This reporter had the audacity to challenge him, and Trump lashed out. That's all. That's how he always responds.
... Even... if Trump... can bring in $1 trillion... somehow...
US stock markets have wiped out $ 9 trillion in market cap since Trump became President.
.... So uh. Yeah.
1 - 9 is -8, Don.
Great plan.
That $1 trillion he's claiming also comes from the pockets of Americans, so it's more like - 1 - 9 = - 10.
Wanna ask Trump if he'll still be alive by the time American manufacturing makes his tariffs pay off
This rhetoric seems similar to that used by Milton Friedman and the Chicago school of economics. They applied 'economic therapy' to left-leaning economies in the late 1900s which involved rapid privatization of nationally owned industries. Negatively affected many otherwise healthy countries including England, Russia and Chilie.
The Shock Doctrine does a round robin of these events; highly recommended.
Project 2025 is about privatizing branches of government while citizens are too busy dealing with the fallout of economic collapse.
The only way I see the US becoming "solid and strong again", is a revolution that results in a Constitution v2.0 that fixes many issues with the structure of government, voting, and setting rules regarding wealth. Otherwise, odds are that the US will splinter apart into several major bodies.
On the plus side of splintering, it means many conservatives would flee out of Blue States, and the Blue States get more people who believe in governance, science, democracy, and society. They would be far more stronger and influential than Red States in the long run. Blue States won't have to play ball with stupid conservative ideas, such as non-medical vaccine exemptions, anti-migrant policies, and so forth.
At least one revolution is already underway, but those responsible for the current change are wearing red hats. The neo-reactionary Butterfly Revolution.
Unfortunately, most Democratic Party politicians today are the real conservatives in the sense that they simply want to preserve the old system.
And there are people who identify as Democrats but are increasingly disillusioned, who want reform or revolution in the direction of a egalitarian, democratic society with strong social welfare systems geared toward equity (let’s hope they grow in number), not in the direction of the elitist, authoritarian, technofeudalist, rigid hierarchical society proposed by adherents of the Dark Enlightenment ideas. Such people could redirect the current Butterfly Revolution in the opposite direction and foment division among Republicans.
tRump always speaks in a clear, concise, fact based, evidence based, and in a verifiable manner. He uses proof such as "medicine," "stupid," "someone said," "I heard," "everyone is saying." "Economic medicine," what is that?
Even if his tariffs do bring in $1 trillion, that's not even half the loss his tariffs have cause in just 3 days.
Americans circa 2025 about to take their economic medicine
sally has to say goodbye to puppy. weekly rations and all.
Trump bankrupted a casino, is anyone surprised he's doing the same to America.
Wrong. WRONG!
It was more than one casino.
1991: Trump Taj Mahal
1992: Trump Castle Hotel & Casino
1992: Trump Plaza Casino
1992: Trump Plaza Hotel (not a casino, 'just' a hotel.)
2004: Trump Hotels & Casino Resorts
2009: Trump Entertainment Resorts (casino holding company)
There are numerous other businesses that failed spectacularly, too.