The first impact of Donald Trump's tariffs hit US consumers in June, as it appears that the president's biggest economic accomplishment to date is to make inflation great again.
Once the tariffs really kick in and the TACO stops and drumpf lands on some astronomically high tariffs on everything from our food (Canada and Mexico), to our medicines (Ireland and the EU), to our clothing (Asian Markets), our building materials (Canada & Mexico) and the fact that all the workers are being deported that filled all these industries - our economy is going to start going down into the toilet.
If you take a look at the history of our economy, you will see a zig zag throughout drumpf's first term and then a tank in 2020 when the pandemic hit. Anyone can say that he couldn't have anticipated the pandemic - but a good leader would have had a plan (which Obama did and drumpf threw away), and gotten us through the year 2020 without a nearly 5% drop in the GDP. In 2021 alone, Biden brought our economy out of the red and bumped it up 7% - and also brought inflation down to 2.4% before leaving office. Now inflation is back up to 2.7% and continuing to rise - and the tariffs still haven't really kicked in, so there is more BAD on the rise.
Thank you for sharing this excellent information! Obama had a plan and a committee in place in case of a pandemic and it was one of the first things tRump dumped when he came into his 1st term! I’ve always thought that was really ironic especially after Covid hit!
DT is the most incompetent, inept, blatantly stupidest, president ever, and he really doesn't know wtf he's doing when it involves the economy and his tariff policies, that every experienced economist warned him not to implement those inflationary tariffs. His massive ego and unqualified arrogance won't all him to even consider expert, experienced quality advice. He simply doesn't give a shit of who gets hurt with his misguided, dumb, self-serving policies for his authoritarian intentions and Christian Nationalist enforcers!!
keep your eye on the goals: Trump’s self enrichment; oligarchs and private equity acquisition of more businesses, land and property by bankrupting above mentioned by deporting their workers; tank the economy and the dollar to replace with crypto.
Unfortunately the 25 amendment requires initiation by the cabinet. The current cabinet members all took a loyalty oath, that supersedes their oath of office.
Before inflation really hits, we're benefiting from the trailing effect of a huge economy. that's coming to a dramatic end shortly.
Lowering interest rates is exactly the WRONG thing to do, but to Trump it's just some bragging point and damn the consequences... not that he can begin to understand them.
He just wants to get rid of the Federal Reserve's Powell because he's not a bootlicking sycophant and highly competent, unlike Bessent and his ilk. BY LAW Powell can't be removed before January 31st, 2028.
Trump has never been fit for the office of POTUS and never can be, because of who he is as a person above all else.
I think that Trump is a dangerous mentally ill bag of road kill monkey shit. The man has no moral compass, He is a sorry sack of rectal discharge. The assole thinks he is Otto Von Bismarck , though if confronted with that, he would think it is a fruit filled donut. He is building a concentration camp moat filled with alligators.. That is something out of the year 897... For labor day he has great plans, He wants to have a bullfight on the West White House lawn, have little winnies in tomato sauce, served by Hispanic political prisoners. while amputees trim the privots and make dessert
I wish he was Bismarck. Among Bismarck's accomplishments per AI: Bismarck introduced social security measures, including health insurance (1883), accident insurance (1884), and old-age pensions (1889), to counter the appeal of socialism and solidify his conservative rule. Odd, today's Rs think health insurance, SS, Medicare, etc. should be destroyed.
You do good work but you ought to stop saying that Fanta fascist was elected with a mandate. He was not! And using his own tired expression, “everyone knows this”! Do you need statistics and facts? They are readily available.
Just more bullshit nonsense from a 6 time bankrupt man
Once the tariffs really kick in and the TACO stops and drumpf lands on some astronomically high tariffs on everything from our food (Canada and Mexico), to our medicines (Ireland and the EU), to our clothing (Asian Markets), our building materials (Canada & Mexico) and the fact that all the workers are being deported that filled all these industries - our economy is going to start going down into the toilet.
If you take a look at the history of our economy, you will see a zig zag throughout drumpf's first term and then a tank in 2020 when the pandemic hit. Anyone can say that he couldn't have anticipated the pandemic - but a good leader would have had a plan (which Obama did and drumpf threw away), and gotten us through the year 2020 without a nearly 5% drop in the GDP. In 2021 alone, Biden brought our economy out of the red and bumped it up 7% - and also brought inflation down to 2.4% before leaving office. Now inflation is back up to 2.7% and continuing to rise - and the tariffs still haven't really kicked in, so there is more BAD on the rise.
https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=US
Thank you for sharing this excellent information! Obama had a plan and a committee in place in case of a pandemic and it was one of the first things tRump dumped when he came into his 1st term! I’ve always thought that was really ironic especially after Covid hit!
DT is the most incompetent, inept, blatantly stupidest, president ever, and he really doesn't know wtf he's doing when it involves the economy and his tariff policies, that every experienced economist warned him not to implement those inflationary tariffs. His massive ego and unqualified arrogance won't all him to even consider expert, experienced quality advice. He simply doesn't give a shit of who gets hurt with his misguided, dumb, self-serving policies for his authoritarian intentions and Christian Nationalist enforcers!!
Well said!
keep your eye on the goals: Trump’s self enrichment; oligarchs and private equity acquisition of more businesses, land and property by bankrupting above mentioned by deporting their workers; tank the economy and the dollar to replace with crypto.
I am usually more rational than this...think he is a lunatic that should be committed! What happened to Article 25?
Unfortunately the 25 amendment requires initiation by the cabinet. The current cabinet members all took a loyalty oath, that supersedes their oath of office.
So did most of the Rs in Congress and the Supreme Court.
What I think about Trump is not fit to print
Well, he has no concept of inflation because he stiffs his contractors.
The Ruskis flipped his ass in the late 80s.
He's a goddamn commie fucking plant.
If you can't see it, you're fing BLIND!!
Bluesmurf below pretty much sums it up.
Before inflation really hits, we're benefiting from the trailing effect of a huge economy. that's coming to a dramatic end shortly.
Lowering interest rates is exactly the WRONG thing to do, but to Trump it's just some bragging point and damn the consequences... not that he can begin to understand them.
He just wants to get rid of the Federal Reserve's Powell because he's not a bootlicking sycophant and highly competent, unlike Bessent and his ilk. BY LAW Powell can't be removed before January 31st, 2028.
Trump has never been fit for the office of POTUS and never can be, because of who he is as a person above all else.
Rebuke. Resist. Revolt. Remove. Rebuild.
EP inkubatur
The idiots believe any lie he tells them. Incapable of rational thought
We have a demented asshole.
I think that Trump is a dangerous mentally ill bag of road kill monkey shit. The man has no moral compass, He is a sorry sack of rectal discharge. The assole thinks he is Otto Von Bismarck , though if confronted with that, he would think it is a fruit filled donut. He is building a concentration camp moat filled with alligators.. That is something out of the year 897... For labor day he has great plans, He wants to have a bullfight on the West White House lawn, have little winnies in tomato sauce, served by Hispanic political prisoners. while amputees trim the privots and make dessert
I wish he was Bismarck. Among Bismarck's accomplishments per AI: Bismarck introduced social security measures, including health insurance (1883), accident insurance (1884), and old-age pensions (1889), to counter the appeal of socialism and solidify his conservative rule. Odd, today's Rs think health insurance, SS, Medicare, etc. should be destroyed.
I am honestly out of words to express my perspective on this delusional imbecile. Shaking my head,
My favorite coffee went up three bucks, nah, nuttin ta see here. Not surprisingly, Spanky continues to be full of shit.
He is such a flaming idiot EXCEPT where it comes to lining his own pockets. That's ALL he cares about.
You do good work but you ought to stop saying that Fanta fascist was elected with a mandate. He was not! And using his own tired expression, “everyone knows this”! Do you need statistics and facts? They are readily available.