this post was submitted on 09 Apr 2025
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geteilt von: https://europe.pub/post/159443

cross-posted from: https://lemmy.world/post/27935573

Summary

Home Depot co-founder and GOP megadonor Ken Langone blasted Trump’s sweeping tariffs as “bulls--t,” calling the 10% across-the-board rate and country-specific hikes—like 34% on China and 46% on Vietnam—“too aggressive” and poorly calculated.

Langone criticized the administration’s formula, based on trade deficits, as nonsensical.

Other prominent figures, including economists and billionaires like Stanley Druckenmiller, Bill Ackman, and Elon Musk, have also spoken out.

Critics warn the tariffs hinder negotiation and lack sound economic grounding. Langone said Trump is being “poorly advised” on trade policy.

top 19 comments
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[–] [email protected] 55 points 3 days ago (2 children)

Something with a leopard and faces.

[–] [email protected] 4 points 3 days ago

Yes, I had to double check forum.

[–] [email protected] 3 points 2 days ago

Ken Langone is behind Autism Speaks

I don't have much sympathy

[–] [email protected] 4 points 2 days ago (1 children)

He worked to build Home Depot and now Trump is using tariffs to pump & dump the stock market for his and his cronies gains. Business owners, who provide product, service or goods are not in on the pump & dump.

So now they are experiencing the leopard first hand.

[–] [email protected] 1 points 2 days ago

For what it's worth it won't matter in the end

[–] [email protected] 39 points 3 days ago

Lmao, billionaires are feeling something. Make Billionaires Feel Something Again (anger and helplessness).

[–] [email protected] 32 points 3 days ago (2 children)

oh fuck that guy with a 2x4 of Home Depot quality

[–] [email protected] 17 points 3 days ago

Hey, hey, we want it to hurt not feel like a piece of cardboard.

[–] [email protected] 5 points 3 days ago

Those things are practically circles, this would be grotesque and entertaining to watch

[–] [email protected] 21 points 3 days ago (1 children)

What the fuck did he think he was paying for? I feel a little bad for the poor magats who have been propagandized from the get, but this wealthy asshole? Fucking fuck fuck shit fuck him.

[–] [email protected] 5 points 3 days ago

What I don't understand is why haven't these billionaires showed Trump the video yet?

[–] [email protected] 2 points 2 days ago

If only there was some way to have known.

[–] [email protected] 11 points 3 days ago

Home Depot got a Home Despot

[–] [email protected] 1 points 2 days ago* (last edited 2 days ago)

Pow, straight to the wallet!

No surprise he waits until it effects him to speak out about the psycho he helped put into office.

[–] [email protected] 9 points 3 days ago

Old man yells at Old Man

[–] [email protected] 5 points 3 days ago

huh, here I was told republicans are good with the economy

[–] [email protected] 4 points 3 days ago

Trump got jealous of Erdoğanomics and now also wants to get an economic strategy named after him.

[–] [email protected] 2 points 3 days ago

Dang. Hope this anger doesn't give the old fuck a heart attack.