And what did Trump do yesterday as the market crashed? Stelter quotes Jeff Zeleny on CNN: Trump did not "fly to a factory"; "he did not use the presidential bully pulpit to sort of sell this tariff plan." Instead, he flew to Florida for a LIV Golf event.
#Trump #tariffs #StockMarket #economy #crash #recession #inflation #MobBoss #stupidity #incompetence #destruction
/4
Brian Stelter points to an AP article in March drawing attention to these words of Trump last August:
"If Harris wins this election, the result will be a Kamala economic crash, a 1929-style depression. 1929. When I win the election, we will immediately begin a brand new Trump economic boom."
#Trump #tariffs #StockMarket #economy #crash #recession #inflation #MobBoss #stupidity #incompetence #destruction
/3
https://view.newsletters.cnn.com/messages/17437726770173f149ef9ebf8/raw
CNN's graphic depiction as of 9:05 A.M. EST of what's happening to the stock market after the man running the show crashed it, with his party cheering the crash on and 77 million Americans voting to accomplish this.
#Trump #tariffs #StockMarket #economy #crash #recession #inflation #MobBoss #stupidity #incompetence #destruction
/1
"Trump’s son Eric appeared to confirm that the tariffs are a shakedown when he posted: 'I wouldn’t want to be the last country that tries to negotiate a trade deal with [Trump]. The first to negotiate will win—the last will absolutely lose. I have seen this movie my entire life.…'”
#Trump #tariffs #mob #MobBoss #sanctions #extortion #bullying
/2
"It is not at all surprising that Trump sees the appeal in sanctions. It is no different from a mob boss moving into town and sending his thugs to every business on Main Street, roughing up the proprietors and asking for protection money so they don’t get pushed out of business. … It’s a mentality fit for someone repeatedly linked to organized crime."
~ David Dayen
#Trump #tariffs #mob #MobBoss #sanctions #extortion #bullying
/1
https://prospect.org/economy/2025-04-03-theyre-not-tariffs-theyre-sanctions/
