DJT Economics 101: A *trade deficit* is NOT the same as a *budget deficit*… the trade deficit is the result of purchases by individuals, over which the Federal government has no control. The budget deficit is a result of government spending money it doesn’t have and is covered by issuing bonds. No one issues bonds for the trade deficit, individual consumers take out loans to pay for the goods and services they are freely choosing to buy. Tariffs are an attempt to remove your freedom of choice and change your individual purchasing behavior. It’s possible that the money raised through tariff taxes (which US residents and businesses pay), might be used to pay off some of the budget deficit, but Trump has at NO TIME said that’s what he’s going to do… in fact, what he said was that he will reduce taxes with the money, meaning the budget deficit isn’t going to be fixed at all.
$8 Trillion Later, We’re Still Letting Him Talk? Bold Strategy. There was a time I believed. He had that certain spark—like the kind of guy who walks into a casino, bets the economy on red, and calls it “visionary policy.” I supported him. Briefly. Naively. Like someone who says, “What’s the worst that could happen?” before watching their 401(k) spontaneously combust.
Then came the performance: a man with the world’s loudest economic megaphone, confidently shouting into the void as markets cratered faster than a crypto influencer’s credibility. $8 trillion gone—just vanished—like it had somewhere better to be.
Sure, the market bounced. But so does a rubber ball right before it hits you in the face. The knife? Still in midair. Still spinning. Probably practicing its monologue.
Some suggest impeachment. That’s adorable. We need a recall, a reboot, and maybe a cosmic refund policy. And the Nobel committee might want to double-check the nomination forms for signs of sarcasm.
Seriously? Trump exempts phones, computers, chips from new tariffs. So what was Logic to start Tariff War. Most Chinese Imports are those Goods. NIFTY DJT BTCUSDT TSLA BANKNIFTY
DJT Haha! Orange Man Baby is a bigly loser. Clearly he doesn’t want smartphone, computer or electronics manufacturing in the US anytime soon. What a dumb ass.
DJT MAGA loons buy cheap iPhones and then say they’re being ripped off. How’s that make any sense at all? Here’s an easy way to fix it: Don’t buy an iPhone. Your communist agenda of implementing a command economy isn’t working.
DJT chinas communist leaders are well known for their lies and propaganda (kinda like US democraps) . When they claim that Trumps tariffs are “joke” and then reciprocate with a 125% tariffs, you know they’re very concerned. Trump will put China back in their rice paddies, where Nixon found them, if they don’t play ball. 😂😂😂
DJT How are all the trolls doing in Trumps troll asylum? Make any money today? Although I like Trump tariffs I wish he’d put more effort into jailing Dems for all their crimes. Mandatory psych evaluations, meds and ankle monitors for all. Clearly some of the obsessive multipost trolls on here require the same . Happy Weekend!
DJT Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey released Friday, the second-lowest reading on records going back to 1952. April’s reading was lower than anything seen during the Great Recession.