Trump Presidency Round 2

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ab2cmiller

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All along I thought that the tariff policy issue was real and was about fairness of tariff structures. While there was some level of concern, I could get behind parts of the policy issue. Now that it's clear it has nothing to do with tariff structures, it's all about the thought that we should not have negative trade balances with any country, I'm pissed off.

 
TorontoGold

TorontoGold

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ab2cmiller said:
All along I thought that the tariff policy issue was real and was about fairness of tariff structures. While there was some level of concern, I could get behind parts of the policy issue. Now that it's clear it has nothing to do with tariff structures, it's all about the thought that we should not have negative trade balances with any country, I'm pissed off.

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The US SHOULD have a trade deficit with most countries. The US is the richest economy in the world, it should be buying from other countries more than they buy from the US. The whole point of being the "greatest country" in the world is that other countries do the grunt work.
 
BuaConstrictor

BuaConstrictor

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ColoradoIrish said:
Trump supporters all having that surprised Pikachu look on their faces today 😂
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They are all absolute morons.

This also hasn't even bottomed out yet. Dominoes haven't even started to fall. The EU has yet to respond. Ditto with China. This collapse is just day one reaction to what happened yesterday. There are more days like this coming once they actually hit in the coming days and weeks.
 
BuaConstrictor

BuaConstrictor

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Could it be that the guy who was dumb enough to bankrupt half a dozen businesses and commit felony tax fraud (34x over!) MIGHT not be economically competent?
 
C

ColoradoIrish

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GATTACA! said:
The president only has the power to tariff in times of national emergency. These tariffs are 100% beyond the scope of those emergency powers. Congress should put a stop to this, too bad the republicans have no balls.
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Think I saw Tim Kaine trying to take this approach. It won't get any traction tho
 
C

ColoradoIrish

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GATTACA! said:
The president only has the power to tariff in times of national emergency. These tariffs are 100% beyond the scope of those emergency powers. Congress should put a stop to this, too bad the republicans have no balls.
Click to expand...
Think I saw Tim Kaine trying to take this approach. It won't get any traction tho
 
O

ozzman

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Chris Murphy (@chrismurphyct.bsky.social)

Those trying to understand the tariffs as economic policy are dangerously naive. No, the tariffs are a tool to collapse our democracy. A means to compel loyalty from every business that will need to petition Trump for relief. 1/ A 🧵 to explain his plan and how we fight back.
bsky.app bsky.app
 
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