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Random political thought thread.

ceecee

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The US stock market took a hit because of the tariffs. But middle class investors will suffer. The billionaires would come out of this richer.

Billionaires can afford to invest when the market crashes. But very very cheap. Sell 10 years later with 10 times the profits.

Can trump voters see this?

I understand why people voted for him - his promises of bringing jobs home - but why would they keep supporting him?

The commodity prices might increase quite a lot.
Donald Trump deliberately crashed the stock market so he, his family and cronies could rake in billions. That was always the end goal of "tariffs".
 

SensEye

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And Trump responds by attacking "60 Minutes" and threatening to have their broadcast license revoked. What an ass.

More whipsawing, chaos, and general uncertainty on tariffs as I expect will be the norm going forward. Chinese semiconductors and related tech exempt from the big tariff, but subject to 20% fentanyl tariffs or some other such thing. Impossible to tell really, and it will all change several more times no doubt.

As expected he is also ignoring SCOTUS ruling to facilitate the return of the wrongly deported guy to El Salvador. He's using two plays: passing the buck to the El Salvador president and obviously instructing him not to comply (he's hosting him at the White House today) and playing semantics between 'facilitate' vs 'effectuate'.
 

Coriolis

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This will continue. Only Trump's boss has the ability to rein him in, and ideally tell him, "You're Fired!"

Who is his boss? Us. The American people. If we don't stop him, we are essentially accepting what he is doing.
 
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