Trump 47

CowboyJD said:
I personally don't see how any nation-state could trust Trump to honor any agreement he negotiated on tariffs after his jettisoning of the USMCA....which he negotiated during his first term.

Grifters are gonna grift.
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He’ll half of the treaties he’s complained about are ones he signed his damn self.
 
www.thestar.com

Bruce Arthur: Donald Trump has pushed America into a golden age of stupid. Now’s Canada’s chance to be smart

It is hard to grasp just how historically stupid U.S. President Donald Trump’s tariffs are. Now is Canada’s chance to be smart and build new trade networks.
www.thestar.com www.thestar.com

You ever tried to reason with a dog? It’s not easy. You can explain that the dog is doing the wrong thing; you can show the dog charts and graphs. Odds are, the dog will just keep on being a dumb ol’ dog.
In related news, on Wednesday Donald Trump tried to crash the global economy with tariffs. It is hard to grasp just how historically, world-alteringly stupid this is.
“There has certainly been no piece of trade policy in my lifetime that is at this level of stupidity, right?” said Rob Gillezeau, an assistant professor of economic analysis and policy at the University of Toronto. “It’s not grounded in anything intelligent. Like, they’re kind of just like ignoring economics altogether.”
...
Oh, it’s read-the-entrails dumb, but let’s try to spell it out: The White House announced tariffs because Trump thinks a trade deficit is a subsidy, which is like saying that if you buy a wheelbarrow from Home Hardware, you are subsidizing Home Hardware. Trump said the Great Depression never would have happened if the U.S. had stuck with tariff-based policy, though the Smoot-Hawley tariffs famously helped worsen the Great Depression.

“People have made comparisons to the Smoot-Hawley tariffs, which were also bad, but this tariff jump is higher, and the U.S. is three times as trade exposed now as they were in 1932,” says Milligan.
“We have lots of bad economic policy in the world, but we’ve never seen anything this amateur or purposely destructive at the national level from a G7 economy,” says Gillezeau. “I think that there are pretty reasonable odds they cast themselves into another Great Depression, right?”
Basically, if Brexit was a form of economic suicide, Trump’s tariffs are more of a semi-random murder-suicide. Trump’s functionaries appear to have copied and pasted a list of tariff targets from the CIA Factbook, which is how you wind up applying tariffs to an uninhabited island near Antarctica populated by penguins, French territories which export small amounts of lobster and which are now tariffed at 99 per cent, and an island which only houses a U.K. and U.S. military base.

They appear to have calculated the tariffs by taking each nation’s trade deficit and dividing it by the nation’s exports to the United States, which isn’t how anything works. When this was pointed out, a White House deputy press secretary disputed that and offered a mathematical formula that had only added two Greek letters to a formula that, uh, divided the trade deficit by exports to the United States.
...
But Trump’s sheer backwards overreach offers an opening. Tariffs against the world — with the exception of Russia, North Korea, Cuba and Belarus — give other nations added incentive to build trade networks with non-American markets, Canada hopefully included. The popular resistance to the effects of this black hole of gawping idiocy should also slow Trump: as Milligan notes, one byproduct of tariffs on Southeastern Asian countries will be higher prices for clothing and shoes, which will especially impact lower-income Americans. If Trump stays the course, a blinkered American public might actually realize what’s happening.
“After the Smoot-Hawley tariffs were enacted, the political parties that were in power and implemented those changes essentially lost power in the United States for an entire generation afterwards,” says Steinberg. “It does present an opportunity for the rest of the world to do something different.”
That’s what Canada needs, all right. The United States is in its golden age of stupid. Now’s our chance to be smart.
 
Polds4OSU said:
Trump trade advisor on how Tariffs will help the US


Lutnick: "The army of millions and millions of human beings screwing in little screws to make iPhones -- that kind of thing is going to come to America."

www.threads.net

Barbara Sobel (@barbaraj.sobel) on Threads

Lutnick: "The army of millions and millions of human beings screwing in little screws to make iPhones -- that kind of thing is going to come to America."
www.threads.net www.threads.net
Click to expand...
I think he means million of robots screwing in little screws to make iPhones. If China gets ahead of the U. S. in AL and advanced robots, it may offer to set up dark factories in the U. S. to get out of paying tariffs. Of course, some people may not like it that the after tax profits would go back to China. That would be one down side if it is ever decided to eliminate all federal corporate income taxes to attract manufacturing to the U. S. ALL profits would go back to China.
 
Demands respect for his office and denies the same respect for others

BREAKING NEWS 🚀: President Trump refuses to introduce California’s Senators at the Dodgers White House visit, saying, "I don’t particularly like them, so I won’t introduce them."

www.threads.net

MarsLink News (@marslinknews) on Threads

BREAKING NEWS 🚀: President Trump refuses to introduce California’s Senators at the Dodgers White House visit, saying, "I don’t particularly like them, so I won’t introduce them."
www.threads.net www.threads.net
 
Polds4OSU said:
Demands respect for his office and denies the same respect for others

BREAKING NEWS 🚀: President Trump refuses to introduce California’s Senators at the Dodgers White House visit, saying, "I don’t particularly like them, so I won’t introduce them."

www.threads.net

MarsLink News (@marslinknews) on Threads

BREAKING NEWS 🚀: President Trump refuses to introduce California’s Senators at the Dodgers White House visit, saying, "I don’t particularly like them, so I won’t introduce them."
www.threads.net www.threads.net
Click to expand...
We are being led by a 5 uear old.
 
I keep thinking about the Jurassic Park scene where Dr. Grant and the kid race down the tree as the Jeep falls through the limbs after them. They get to the bottom, the Jeep falls on top of them, they survive because the hole in the sunroof where the T-Rex tore out the windshield lands perfectly on top them. Kid says, "Well we're back in the car again." I think best case this is how the tariff situation plays out. Other countries will announce some sort of concession that effectively amounts to nothing, but will let MAGA crow. In the end, we broke a bunch of tree limbs and escaped all that chaos only to end up back in the car again.

I also keep thinking that in this way, the US is being run more like a business, if you've worked in any major corporations that is. Everyone in leadership positions keeps setting everything on fire. Everyone beneath them constantly has to scramble to put out those fires. At the end of the day, leadership pats themselves on the back and says what good fire putter outers we are. I was listening to Oklahoma talk radio this morning (not even political talk radio but all Oklahoma talk radio has elements of Republican talk radio at this point). They were talking about a couple that had been mistakenly sent to a Mexican prison for a month and Trump helped bring them back, completely ignoring that his policies sent them there in the first place. Thank you for sending that couple on a tax payer expensed trip to a Mexican prison, Mr. President. How good you are at putting out those fires.
 
milehighpoke said:
What's funny (read: sad) about it, is that I wouldn't tolerate trumps behavior from my 7yo. And I'm sure a lot of maga parents would agree. Yet he's somehow fit to run the country.
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Those same parents are also telling their kids that is how a "Real Man" acts and then on Sunday sit in Sunday school classes and teach kids "The Golden Rule"

And see zero hypocrisy on what they are doing
 
Polds4OSU said:
Pres. Trump would veto a bipartisan bill seeking to rein in his authority to impose tariffs, according to a White House statement sent to Senate Republicans and obtained by ABC News. https://abcnews.go.com/US/live-upda...espite-market/?id=120551033&entryId=120568272
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This is a time that I think either or both Houses should pass legislation even though they are almost certain it will be vetoed.

It would be in their own best interests politically to separate themselves from this spectacular economic debacle and put the President out there on his own little island. It was also show that they are willing to at least attempt to be the check and balance our Constitution sets them up to be. They could show that there isn't legislative gridlock on issues of extreme importance with such bipartisan action. Some of the Senators wouldn't even have to worry about getting primaried while Trump was in office, though all of the Representatives would.

I would love to see it passed. I doubt it will/would be. There is too many gutless wonders in both Houses.
 
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apnews.com

Supreme Court allows Trump to deport Venezuelans under wartime law, but only after judges' review

The Supreme Court is allowing the Trump administration to use an 18th century wartime law to deport Venezuelan migrants, but says they must get a court hearing before they are taken from the United States.
apnews.com apnews.com

Trump can resume deportations under the Aliens and Enemies Act, but they must get court appearance. However that had to be in Texas not in DC.

Huh? JD, can you explain why SCOTUS would force all these cases to a single state? Is there any legal reason (like jurisdiction) vs presumption of how the case would be ruled? Shouldn't it be whatever district they were picked up in or was handling their asylum request?
 
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NEW: The Venezuelan military says it has raised its alert level following the discovery of an alleged U.S. plot to fabricate an incident at an ExxonMobil offshore platform in the contested waters between Venezuela and Guyana to justify an armed conflict.

www.threads.net

Miami Herald (@miamiherald) on Threads

NEW: The Venezuelan military says it has raised its alert level following the discovery of an alleged U.S. plot to fabricate an incident at an ExxonMobil offshore platform in the contested waters between Venezuela and Guyana to justify an armed conflict.
www.threads.net www.threads.net
 
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