With everyone else on the planet, I question it…with tRUmp, I simply expect it.
Sorry excuse for a businessman and an even worse excuse for a President.
Just_Tana on
Trump is just a figurehead. The gop knows he can’t do the job. A vote for trump is a vote for Vance. Which is even scarier.
BakemonoMaru on
He said no. He knows words, best words. No one uses “no” in such a wonderful way. If he tells you “no,” that means he is no lying. His “no” is biggest and best outstanding “no” evere was. Even Lincoln didn’t had such beautiful and powerful “no”. Donald Trump is an expert on tariffs, and he knows how to spell that word. Powerful word. Tariff. And second powerful word “no.” Also, covfefe.
EmbraceableYew on
He is economically illiterate and proud of it. Here he is telling us that he will crash the US economy as a policy choice.
Responsible-End7361 on
But if he increases taxes on the middle class by $4000 each think of the tax breaks he can give the rich! Then their money will finally trickle down like Reagan promised!
It will, first of all supposedly his goal is to bring manufacturing back from China. the only reason we can afford all their cheap junk is the low labor cost there. If we bring things back here it will take years to start making junk and junk will cost 5 times as much as it does now. So we lose paying tariffs and we lose by making everything more expensive.
MadWhiskeyGrin on
Crash the global economy, and little be easier for oligarchs to build their own city-states in the wreckage.
Leftist-Buritto on
My favorite part of this was when Trump replies to a probing question on tariffs with, and I am paraphrasing, “It must be hard for you. Working for 25 years. To be told that you’re wrong about tariffs.” My dude. This is the editor in chief of Bloomberg. You’re a failed businessman… maybe you should be listening to the smart people in the room…
Orange is the new stupid. Oh wait it’s also the old stupid.
Gardening_investor on
Yes, the guy who paid someone to take the entrance exams in order to get into college and only was able to get in because daddy had money, is a genius.
He probably genuinely believes that the exporting countries pay the tariffs. He has no idea that they are used to protect domestic production of goods, and that they *raise the price of goods* in the hopes that Americans choose the cheaper domestically manufactured option.
Couple of problems with this approach:
1) domestic manufacturing doesn’t produce 100% of the goods that we import. Partially because we can import them for cheaper than buying locally sourced due to the COLA for the exporting country and here.
2) the people most dependent on cheap goods cannot afford the increased costs after Trump tariffs, and will go without most likely.
3) there’s no real incentive for importing companies to move production to US, as the cost of doing so would most likely be more than paying the tariffs.
He’s not addressed any of these because he doesn’t understand how they operate and how the U.S. has moved from a manufacturing hub to a services hub.
novonshitsinpantz on
Spoiler alert: he doesn’t understand basic mathematics…
Snoo_72851 on
“Nice argument, ex-president. How about you back it up with a source?”
16 Comments
Trust me bro
With everyone else on the planet, I question it…with tRUmp, I simply expect it.
Sorry excuse for a businessman and an even worse excuse for a President.
Trump is just a figurehead. The gop knows he can’t do the job. A vote for trump is a vote for Vance. Which is even scarier.
He said no. He knows words, best words. No one uses “no” in such a wonderful way. If he tells you “no,” that means he is no lying. His “no” is biggest and best outstanding “no” evere was. Even Lincoln didn’t had such beautiful and powerful “no”. Donald Trump is an expert on tariffs, and he knows how to spell that word. Powerful word. Tariff. And second powerful word “no.” Also, covfefe.
He is economically illiterate and proud of it. Here he is telling us that he will crash the US economy as a policy choice.
But if he increases taxes on the middle class by $4000 each think of the tax breaks he can give the rich! Then their money will finally trickle down like Reagan promised!
Oh so now he knows the word “no”
https://x.com/KamalaHQ/status/1846239185113411771?t=LUaLAVgzA681fR-2lB28cw&s=19
It will, first of all supposedly his goal is to bring manufacturing back from China. the only reason we can afford all their cheap junk is the low labor cost there. If we bring things back here it will take years to start making junk and junk will cost 5 times as much as it does now. So we lose paying tariffs and we lose by making everything more expensive.
Crash the global economy, and little be easier for oligarchs to build their own city-states in the wreckage.
My favorite part of this was when Trump replies to a probing question on tariffs with, and I am paraphrasing, “It must be hard for you. Working for 25 years. To be told that you’re wrong about tariffs.” My dude. This is the editor in chief of Bloomberg. You’re a failed businessman… maybe you should be listening to the smart people in the room…
non twitter links:
[https://xcancel.com/KamalaHQ/status/1846239185113411771](https://xcancel.com/KamalaHQ/status/1846239185113411771)
[https://www.threads.net/@kamalahq/post/DBJycJnP3RZ](https://www.threads.net/@kamalahq/post/DBJycJnP3RZ)
Orange is the new stupid. Oh wait it’s also the old stupid.
Yes, the guy who paid someone to take the entrance exams in order to get into college and only was able to get in because daddy had money, is a genius.
He probably genuinely believes that the exporting countries pay the tariffs. He has no idea that they are used to protect domestic production of goods, and that they *raise the price of goods* in the hopes that Americans choose the cheaper domestically manufactured option.
Couple of problems with this approach:
1) domestic manufacturing doesn’t produce 100% of the goods that we import. Partially because we can import them for cheaper than buying locally sourced due to the COLA for the exporting country and here.
2) the people most dependent on cheap goods cannot afford the increased costs after Trump tariffs, and will go without most likely.
3) there’s no real incentive for importing companies to move production to US, as the cost of doing so would most likely be more than paying the tariffs.
He’s not addressed any of these because he doesn’t understand how they operate and how the U.S. has moved from a manufacturing hub to a services hub.
Spoiler alert: he doesn’t understand basic mathematics…
“Nice argument, ex-president. How about you back it up with a source?”
“No.”