Tag Archives: tariffs

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

By Mark | August 25, 2019

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, […]

Posted in Uncategorized | Also tagged 401K, China, Donald Trump, Dow Industrial, Federal Reserve, international trade, Jay Powell, recession, uncertainty, Xi Jinping | 10 Comments

Days after Trump takes credit for single-handedly saving the steel industry, 200 Michigan steelworkers lose their jobs

By Mark | August 20, 2019

A week ago today, standing in front of 5,000 Royal Dutch Shell contract employees in Monaca, Pennsylvania — who, by the way, were told that, if they didn’t attend, they wouldn’t be paid — Donald Trump announced that the American steel industry “was dead” until he levied tariffs against imported steel last year. According to […]

Posted in Economics, Marketing, Uncategorized | Also tagged Donald Trump, industry, layoffs, Monaca, Obama, Pennsylvania, Royal Dutch Shell, steel, US Steel | 10 Comments

Donald Trump’s hijacking of the 4th of July: Armored Vehicle Edition

By Mark | July 4, 2019

We’ve known for quite a while that Donald Trump has wanted to preside over a public display of what he perceives to be “his” military force. He’s said as much publicly. In the past, though, there have always been people, like Secretary of Defense Jim Mattis, who have stood in the way, and kept him […]

Posted in History, Politics, Uncategorized | Also tagged 1951, airports, authoritarianism, bad history, bone spurs, China, Donald Trump, draft dodging, Elizabeth Warren, fireworks, Fourth of July, Harry Truman, Jim Mattis, Justin Amash, Lincoln Memorial, MAGA, military parade, misunderstanding American history, National Park Service, Phantom Fireworks, Republican National Committee, Revolutionary War, Secretary of Defense, tanks, Washington | 20 Comments

“Trade wars are good, and easy to win”

By Mark | May 13, 2019

Donald Trump, who, not too long ago, said “trade wars are good, and easy to win,” this past Friday announced his intention of starting a legitimate trade war with China, saying that he had given word to increase tariffs on $200 billion worth of Chinese goods to as much as 25%. Well, today, China’s Finance […]

Posted in Uncategorized | Also tagged China, Donald Trump | 23 Comments

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

By Mark | July 24, 2018

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 […]