Tariffs as a topic can get as complex as you want to make it. That said, the amazing thing is so simple: Trump will not admit the fact (yes, FACT not an opinion) that the "buyer pays" the tariff. He does not let his minions say it, and both Bessent and Lutrick embarrass themselves by dancing around the topic. They both know better, but they need to toe the line.
Trump cannot state the simple fact that during Trump 1.0 Trump kept saying he "collected billions and billions from China." It could be his second biggest lie. Trump lying is "a day ending in Y," but the "buyer pays" fact underscores what an economic ignoramus he is.
The topic will not come up in the Rose Garden today on Liberation Day. Trump liberated himself from Truth and Facts on the tariff topic long ago. Liberated from reality even longer than that.
Back in 2017 Ryan and Brady developed a tariff system they called a border adjustment tax to replace income taxes. They even used the words “border tax.” The Senate laughed at it and ignored it. Trump still won’t call it a tax. Now look at them! The Senate has wonder bread for spines.
During the 2024 Election cycle the Tariffs were referred to as ”tRump’s Sales Tax!: Another gift from our Glorious Leader. Especially designed for all the wrongdoing we subjected him to! (Not joking)
He’s not failed…in fact, far from it. He reaping the wealth as #1 Grifter aka POTUS. When the time comes for Americans to serve him up…he’s going to collect his ill gotten gains and head somewhere safe. As soon as he gets hold of Greenland (God forbid) he’ll use it as a bargaining chip when dealing with Putin somehow!
Actually, the sad reality is that he will not learn a thing. There should be no doubt that by now, even if not from the outset, he knows the truth about tariffs, but in his Roy Cohn learned mindset, refuse to admit you're wrong and just keep pushing the nonsense. He will impose these back breaking tariffs that everyday Americans will pay and suffer from, the economic factors will bear this out, then he will reduce or eliminate them and claim he fixed the economy so his minions, acolytes, and sycophants can all heap praises upon him.
Reporting is that he dropped $20M on that WI Supreme Court race, part of which were the two $1M checks. With Tesla stock losing value (Yay!) and ongoing boycotts and protests (Yay!), even if his network has dropped to $200B (likely still much higher), $20M would be an infinitesimally small hit for him (something like 1/10,000 using the numbers I suggested above). He won't even miss it. I'd love to see his net worth continue to plummet, but his losing $20M is like most of us losing $20. Just further proof of how awful the Citizen's United SCOTUS ruling was. He is literally buying elections (or trying to) and has already stated he will pay to primary anyone who doesn't go along with trump.
He envisions all leaders of other countries coming to him to ‘get a deal.’
All he seems to know these days is threaten to take over, bomb or tariff other countries into submission. Resetting global trade is a grandiose goal fit for a dictator.
He may not understand how the economy works but that's because he's an idiot... it's the people that understand and turn their backs are the true criminals here for destroying our democracy... the burning question is why are those people bowing to him ..Florida may not have gotten 2 D's in place but hopefully they took a huge chunk out of his base there and turned them blue
Trump and Musk are flooding us with issues but their real goal is establishing the Trump Dictatorship with Trump as the pinocchio and Musk as the puppet master using his money to pull the strings. He failed in Wisconsin rto buy another election. Hopefully this is the American people waking up to the danger they both represent. Let's start taking our country back starting with National Protest Day 5 April 2025. My contribution is to provide all of you with a free copy of the pamphlet "Our Inalienable Rights". Send me your email so I can attach a word version back to you. I will not share your email unless you ask me to. I would ay=ttach a copy here for you but there is no way to put an attachment to this note. You can share the pamphlet with others. We need millions to join the movement to strengthen the Constitution if we are to reestablish our democracy because Musk will try to defeat us with his billions.
Trump doesn't know what he doesn't know, and he doesn't even know enough to find help from people who do know what they know. This has caused him to make many stupid choices throughout his career, and now here we are. And the icing on this unpalatable cake is that he chose cabinet members of the same mind.
When people are “liberated” from their jobs & income at the same time their families risk “liberation” from their rights, Social Security and a functioning government strange unexpected things can happen.
Rump’s efforts to disrupt America/Americans and the World is in full swing. He will have just about everyone at one another’s throats destroying international cohesion and hinder cooperation. Specifically, look to the America vs Canada and Mexico issues…he’s disrupting centuries old relationships. His goal is to make America an international pariah…seemingly responsible for everyone’s problems…specifically financial at the moment. With a focus on evoking significant Trade Wars that’ll upset individual Countries’ Economies which in turn will disrupt their citizens.
tRump’s actions greatly overshadow the recent world wide Covid-19 Pandemic and should be dealt with accordingly. Overwhelmingly and Permanently…preventing a worldwide disaster!!!!
This podcast was great. NBC’s broadcast was illuminating. But DJT and all his cronies only listen to Fox News. How can we get this information to them (they must know it already) and convince them to air it on their stations?
Money can’t buy you love, Elon. Yay for Susan Crawford!
Tariffs as a topic can get as complex as you want to make it. That said, the amazing thing is so simple: Trump will not admit the fact (yes, FACT not an opinion) that the "buyer pays" the tariff. He does not let his minions say it, and both Bessent and Lutrick embarrass themselves by dancing around the topic. They both know better, but they need to toe the line.
Trump cannot state the simple fact that during Trump 1.0 Trump kept saying he "collected billions and billions from China." It could be his second biggest lie. Trump lying is "a day ending in Y," but the "buyer pays" fact underscores what an economic ignoramus he is.
The topic will not come up in the Rose Garden today on Liberation Day. Trump liberated himself from Truth and Facts on the tariff topic long ago. Liberated from reality even longer than that.
Back in 2017 Ryan and Brady developed a tariff system they called a border adjustment tax to replace income taxes. They even used the words “border tax.” The Senate laughed at it and ignored it. Trump still won’t call it a tax. Now look at them! The Senate has wonder bread for spines.
During the 2024 Election cycle the Tariffs were referred to as ”tRump’s Sales Tax!: Another gift from our Glorious Leader. Especially designed for all the wrongdoing we subjected him to! (Not joking)
We learned that while PA voters in the Presidential election could be bought by Elon, WI voters could not be bought. Way to go Cheeseheads!
He will fail at this tariff nonsense, just as he has failed at all his business ventures. His hubris and foolishness at our expense...
He’s not failed…in fact, far from it. He reaping the wealth as #1 Grifter aka POTUS. When the time comes for Americans to serve him up…he’s going to collect his ill gotten gains and head somewhere safe. As soon as he gets hold of Greenland (God forbid) he’ll use it as a bargaining chip when dealing with Putin somehow!
Pathetic that America will have to endure tariffs for him to learn a basic economics lesson!
Actually, the sad reality is that he will not learn a thing. There should be no doubt that by now, even if not from the outset, he knows the truth about tariffs, but in his Roy Cohn learned mindset, refuse to admit you're wrong and just keep pushing the nonsense. He will impose these back breaking tariffs that everyday Americans will pay and suffer from, the economic factors will bear this out, then he will reduce or eliminate them and claim he fixed the economy so his minions, acolytes, and sycophants can all heap praises upon him.
Musk got a $1,000,000 reality check (or two).
Couldn't happen to a nicer guy.
Reporting is that he dropped $20M on that WI Supreme Court race, part of which were the two $1M checks. With Tesla stock losing value (Yay!) and ongoing boycotts and protests (Yay!), even if his network has dropped to $200B (likely still much higher), $20M would be an infinitesimally small hit for him (something like 1/10,000 using the numbers I suggested above). He won't even miss it. I'd love to see his net worth continue to plummet, but his losing $20M is like most of us losing $20. Just further proof of how awful the Citizen's United SCOTUS ruling was. He is literally buying elections (or trying to) and has already stated he will pay to primary anyone who doesn't go along with trump.
BTW, to put 1/10,000 in relevant or meaningful terms, he could spend $20M per day and it would take over 27 years to spend $200B.
I love this example:
- If you want to meet someone in a million seconds, that's about 12 days
- If you want to meet someone in a billion seconds, that's about 32 years
- If you want to meet someone in a trillion seconds, that's about 32,000 years!
He is so insane…maybe will just change his mind at the last minute…and say..”ha ha..fooled ya!”
He fooled a lot of people -- twice. As the saying goes, "Fool me once....".
Our country's Liberation Day is coming when we overcome Trumpism in America. Stand and let your voices be heard.
Russian assets don’t care if American citizens suffer… that seems to be the goal
He envisions all leaders of other countries coming to him to ‘get a deal.’
All he seems to know these days is threaten to take over, bomb or tariff other countries into submission. Resetting global trade is a grandiose goal fit for a dictator.
He may not understand how the economy works but that's because he's an idiot... it's the people that understand and turn their backs are the true criminals here for destroying our democracy... the burning question is why are those people bowing to him ..Florida may not have gotten 2 D's in place but hopefully they took a huge chunk out of his base there and turned them blue
No, those in the Trump cult will blame all economic problems on Biden, Obama and immigrants.
Trump and Musk are flooding us with issues but their real goal is establishing the Trump Dictatorship with Trump as the pinocchio and Musk as the puppet master using his money to pull the strings. He failed in Wisconsin rto buy another election. Hopefully this is the American people waking up to the danger they both represent. Let's start taking our country back starting with National Protest Day 5 April 2025. My contribution is to provide all of you with a free copy of the pamphlet "Our Inalienable Rights". Send me your email so I can attach a word version back to you. I will not share your email unless you ask me to. I would ay=ttach a copy here for you but there is no way to put an attachment to this note. You can share the pamphlet with others. We need millions to join the movement to strengthen the Constitution if we are to reestablish our democracy because Musk will try to defeat us with his billions.
Trump doesn't know what he doesn't know, and he doesn't even know enough to find help from people who do know what they know. This has caused him to make many stupid choices throughout his career, and now here we are. And the icing on this unpalatable cake is that he chose cabinet members of the same mind.
When people are “liberated” from their jobs & income at the same time their families risk “liberation” from their rights, Social Security and a functioning government strange unexpected things can happen.
Rump’s efforts to disrupt America/Americans and the World is in full swing. He will have just about everyone at one another’s throats destroying international cohesion and hinder cooperation. Specifically, look to the America vs Canada and Mexico issues…he’s disrupting centuries old relationships. His goal is to make America an international pariah…seemingly responsible for everyone’s problems…specifically financial at the moment. With a focus on evoking significant Trade Wars that’ll upset individual Countries’ Economies which in turn will disrupt their citizens.
tRump’s actions greatly overshadow the recent world wide Covid-19 Pandemic and should be dealt with accordingly. Overwhelmingly and Permanently…preventing a worldwide disaster!!!!
This podcast was great. NBC’s broadcast was illuminating. But DJT and all his cronies only listen to Fox News. How can we get this information to them (they must know it already) and convince them to air it on their stations?