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#disasterpresidency

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@raymondpert
JD Pritzker was on #FnS this morning, and did a reasonably good job of distinguishing between "targeted" #tariffs on SPECIFIC items, vs "blanket tariffs on entire nations."

#Republicans… and hosts of #Conservative news programs… ALWAYS start out with "#Biden did tariffs too!" trying to brand #Democrats as hypocrites.

Pritzker was prepared for that trap. He did fail to point out that a blanket tariff against an entire country is a #TradeWar, NOT a negotiation. #DisasterPresidency

@godpod
I keep thinking about how during the campaign, "somebody" was telling #Biden:

"Don't say, "The economy isn't as bad as they're saying. People don't like being told their pain isn't real."

But all they did was give credence to #DonTheCon's false claim "the economy is a disaster!"

Now #PizzaTheHut is in office, is destroying the #economy, and trying to tell everyone, "It's not as bad as it looks. Just hang tight and give it time." 🤦‍♂️
#DisasterPresidency #LordHelpUs #IOKIYAR

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@br00t4c
If Americans can't afford your product b/c #TheOrangeMenace made them too expensive, foreign corporations will just look for customers elsewhere.

And *smart* countries (#China) looking to destroy the American economy (even more than #DonnieDumbass is doing on his own), they'll make it cheap & easy to sell in *their* country so that FEWER products are sent to the U.S., creating a shortage that causes prices to rise, tossing the U.S. into a deep #Recession. #DisasterPresidency

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@cryptadamist
I pray these #CryptoBros aren't THAT nucking stupid. #cryptocurrency would simply be another form of currency.

Replacing one currency with another wouldn't change anything that's happening on #WallStreet. The #DOW didn't crash b/c the dollar suddenly lost value.

If the price of a loaf of bread goes from $2 to $100, it wouldn't be any cheaper if you pay in #Crypto. 🤦‍♂️ #TooStupidForPolitics #DisasterPresidency

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@davidaugust
Peter Navaro on one of the #SundayShows this morning ACTUALLY SAID:

"[T****'s #tariffs] would generate $6T in income [for the United States.]"

(Ignoring for a moment that the stupid SoB CLEARLY still doesn't understand how tariffs work)... THE MARKET *JUST LOST* $6T IN TWO DAYS!

So when this mess is over & done with, after God-knows how many years & alienating all of our allies, we will have BROKEN EVEN??? #JFC. #TooStupidForPolitics #DisasterPresidency

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@davetroy
Peter Navaro on one of the #SundayShows this morning ACTUALLY SAID:

"[T****'s #tariffs] would generate $6T in income [for the United States.]"

(Ignoring for a moment that the stupid SoB CLEARLY still doesn't understand how tariffs work)... THE MARKET *JUST LOST* $6T IN TWO DAYS!

So when this mess is over & done with, after God-knows how many years & alienating all of our allies, we will have BROKEN EVEN??? #JFC. #TooStupidForPolitics #DisasterPresidency

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#SundayShowdown

On #ThisWeek...

Steph-O: "This is only going to raise prices."

Priebus: "This [#tariffs] is just a negotiating strategy. Countries will now come to the table and negotiate trade deals to eliminate the tariffs."

Steph-O: "But that won't bring jobs back to the United States!"

#TrumpExplainers just make it up as they go along. They HAVE to come up with a rational explanation for why T**** keeps doing stupid stuff to keep the myth alive. 🤦‍♂️ #DisasterPresidency

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#DisasterDonnie's chief Economic Advisor Kevin Hasset on #ThisWeek just tried to claim the reason #Russia was excluded from T****'s blanket #tariffs was b/c "we are in the middle of peace negotiations between them & #Ukraine, and you don't impose anything new in the middle of a negotiation."

Ukraine is included among Trump's 10% blanket #tariff on all countries. #LyingBastard #DisasterPresidency #tariffs kyivindependent.com/difficult-

The Kyiv Independent · 'Difficult, but not critical' — Ukraine's economy minister reacts to Trump's tariffsBy Martin Fornusek
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#SundayShowdown

#Bessent said the #pandemic taught us a lesson about destruction of the #SuplyChain (and why we must encourage companies to move *here*.)

That was the DOMESTIC supply chain.

Now they are about to destroy our #IMPORT supply chain. #Round2

I'm reminded of #Dubya invading #Iraq after ignoring the threat that led to 9/11.

They learn the wrong lesson from their F-ups, and respond with an EVEN BIGGER F-up that is even MORE disastrous. 🤦‍♂️ #DisasterPresidency #TooStupidForPolitics

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#SundayShowdown
"We are only in the first few days of this. Give it time. These are 'reciprocal' #tariffs… and I emphasize he word 'reciprocal'."

#FoxnewsSunday keeps using that word over & over.

NO, these are NOT "reciprocal" tariffs. Whether the other country imposes a #tariff on us IS NOT EVEN PART OF THE EQUATION. They are imposing a tariff on everyone we have a trade DEFICIT with. And if we have no data, there's a blanket minimum 10% tariff. 🤦‍♂️ #TooStupidForPolitics #DisasterPresidency