Tag Archives: international trade

Trump, without any authority to do so, “orders” U.S. businesses out of China, and throws global markets into free fall

With an unprecedented corporate tax cut failing to stimulate the economy, a recession looming, and an all-important election on the horizon, our increasingly desperate president has apparently decided once again to throw caution to the wind, and go with his gut. Whereas other presidents, if faced with similar circumstances, might try to increase infrastructure spending, […]

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“Just remember: what you’re seeing and what you’re reading is not what’s happening.”

I wanted to write something tonight about this news that Donald “trade wars are good and easy to win” Trump was going to be asking the American taxpayers to pony up $12 billion to help offset the losses of the American soybean and dairy farmers who got totally fucked by his bright idea to jack […]

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Making enemies of our adversaries, and embracing our foes… The Trump Doctrine

[above: A petulant child, forced to interact with adults, pouts.] I don’t have the time right now to put this in the proper context, but I wanted to pass along this video of our President, moments before leaving the United States for the G-7 meeting in Canada, declaring himself to be “Russia’s worst nightmare,” and, […]

Posted in Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | 373 Comments

“The Committee to Defraud America”

In a move that the conservative Wall Street Journal said would “hurt the economy and his voters,” Donald Trump announced on Thursday that the United States would be imposing steep tariffs on imported steel and aluminum. [The tariff on steel would be 25%, while the tariff on aluminum would be 10%.] As for why Trump […]

Posted in Economics, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 78 Comments

Largest trade imbalance in nine years, biggest stock market drop in a decade, government set to borrow nearly $1 trillion… Is this the “tidal wave” of good economic news Trump was talking about?

As I took last night off, there’s a lot that we could talk about today. We could talk about he fact that our president, standing before a terrifyingly representative sample of what’s left of his base announced that those who refuse to applaud him are “un-American” and likely “treasonous”. Or we could talk about the […]

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