BREAKING: The S&P 500 has now completely erased all gains since the election, wiping out $3.4 trillion in market value.
After running — and winning — on a promise to curb inflation, Trump's trade wars threaten to raise prices for everything from food and clothes to cars and computers.
Trump voters forgot that #ETTD. "Everything Trump Touches Dies." He was a terrible businessman who filed for bankruptcy six times, including bankrupting CASINOS!
Trump isn't two months into his 2nd presidency, and he's tanked the economy that was humming along just fine.
Everything Trump Touches Dies.
Trudeau: "We're probably gonna keep booing the American anthem. But let me tell Americans: we're not booing you ... we're booing a policy that is designed to hurt us. And we're insulted ... we're gonna fight. And we're gonna win." Ontario Premier Doug Ford just canceled Elon Musk’s Starlink contract and banned all U.S. companies from government contracts in response to Trump’s economic war with Canada. “It’s done, it’s gone,” Ford said. “We won’t award contracts to people who enable and encourage economic attacks on our province and our country.” And just to be clear: “They only have President Trump to blame.” So Trump starts a trade war, and now American businesses are getting locked out of Canada. This isn’t “tough negotiating”—this is our closest ally shutting the door on us while Trump pretends he’s “winning.” MAGA wanted an economic war? Well, they just got one. And it’s American companies and workers who are about to feel the pain.
11 comments:
It says a hell of a lot about an Administration when over half of it citizens are rooting for the other guy! 😂
Possumlady
'With glowing hearts we see thee rise,
The True North strong and free!
From far and wide,
O Canada, we stand on guard for thee.
God keep our land glorious and free!"
Tis about time the Great One who was born with a silver spoon in one of his orifices go in for a colonoscopy - in Quebec!
Damn Straight Canada! We Americans with an unattached and open mind don't blame you one bit. We urge you to continue your righteous response.
And stand strong Mexico, Europe, Ukraine, and Panama. Millions of people here know what the real score is.
From Heather Cox Richardson yesterday: "During the 2024 campaign, Trump said repeatedly that he would end the war in Ukraine.”
“Shortly after the election, a newspaper reporter asked Nikolai Patrushev, who is close to Putin, if Trump’s election would mean “positive changes from Russia’s point of view.”
“Patrushev answered: “To achieve success in the elections, Donald Trump relied on certain forces to which he has corresponding obligations. And as a responsible person, he will be obliged to fulfill them.”
The US Secretary of Agriculture suggested we put chickens in our back yards so we can avoid the rising egg prices. My gosh, this is Sharron Angle, the losing Senatorial candidate from Nevada on steroids.
Are these ppl crazy? Do they think? Can you even have chickens in most urban back yards? Or is a code violation? Will HOAs approve it?
Who makes this kind of suggestion?
Only the best people work in the Trump admin...
Shaw... I guess all those folks who voted for Trump over Biden really showed all of us. They never believed Trump would tank the economy with tariffs, or they believed his schtick when he said those tariffs would be paid for by foreign governments and businesses.
I'd take an admin with a deteriorating president, ala FDR, and a good staff, over Trump any day. but the MAGA crowd?
Sheesh... and they actually love this chaos.
There have already been reported cases of bird flu in backyard chickens in Montgomery County, MD (bordering DC)
Possumlady
Perhaps the most capable morons. However, even that is not a certainty.
Dave "Only the best people work in the Trump admin..."
And incompetence starts at the top. Is there a term for one who insults everyone, but get furious when logically criticized?
Fox News last night featured an exasperated Maria Bartiromo speaking to a Trump supporting auto dealership owner last night. He mentioned that in the morning he had a deal on an order with a guy on an 80K truck for his business. But with the tariffs, the prices rose 20k by the afternoon, making the truck 100K. He wasn't happy.
The CEO of Target said prices will rise to the American consumer by the end of the week on fresh fruits and vegetable imported from Mexico.
Trump, speaking of tariffs has said there will be a "little disturbance" but that "we are okay with that"!
What is he talking about? I'm not okay with that disturbance. Are you?
That Trump supporting car dealer? He told Bartiromo that he supports the idea of bringing more work back to the US and making more products here. But, he said, you can't ramp up production over night. You need to do it gradually.
Maybe he's wrong... but I doubt it.
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