Of all the climbdowns that Trump has had to engage in in his first 100 days of office, his backtracking in relation to tariffs to be imposed on China is the most satisfying. It only took a visit from the heads of four major retailers in the United States to the White House to tell… Continue reading Trump’s climbdown with China is most gratifying
Tag: trump
Trump’s lie-this time it was different
Trump lies with such impunity and is so accustomed to not being held to account for his lies that this time, in relation to China, it was different. Trump’s tariffs have proved, predictably, to be disastrous for international economies, the bond markets, the stock markets, and economic confidence generally that he had to lie that… Continue reading Trump’s lie-this time it was different
Is United States heading towards authoritarianism?
What is going on in the United States under Trump is being described by many as heading towards authoritarianism. News reports yesterday warning Irish students thinking about going to the United States on J1 visas for the summer and the need to be ‘careful’ about any protest activity they might engage in. Harvard, and other… Continue reading Is United States heading towards authoritarianism?
Trump’s wealthy enablers turn on him
Even Trump’s wealthy enablers are beginning to turn on him now. Because they are being hit hard where it matters most for them: in their pocket. Now they are beginning to ask and encourage him to change course from the single biggest act of self-harm to any country for nearly a century. Those of us… Continue reading Trump’s wealthy enablers turn on him
Trump will change course
Trump, despite his bluster and lies about never changing his policies, will change his tariffs ‘policy’, and I use the word ‘policy’ advisedly. The pressure from the markets, the economy, the voters, Republican party members will become too much. Even for a sociopathic narcissist liar like Trump, the pressure will become unbearable. Because Trump likes… Continue reading Trump will change course
Trump’s Irish fans are in for an economic shock
If the Irish Trump cheerleaders and fans understood the potential damage to their lives which will be caused by Trump’s tariffs they might change their tune. The tariffs being considered by Trump and his team for Ireland, if his Trade Secretary is to be taken seriously, will cause seismic harm to Ireland’s economy. This will… Continue reading Trump’s Irish fans are in for an economic shock
How long will Trump be allowed to continue with the economic illiteracy?
The Wall Street Journal described Trump’s tariffs and ensuing trade wars with its neighbours, Mexico and Canada, as the ‘dumbest trade war’ they have ever seen. There is not a serious, reputable economist alive that thinks Trump’s trade war is a good idea. Yet nobody in the Republican party has the cojones to stand up… Continue reading How long will Trump be allowed to continue with the economic illiteracy?
Trump’s moronic tariffs on ‘pause’ for one month
I read somewhere a couple of weeks ago-it may have been the Wall Street Journal-that no economist alive thought the tariffs being introduced by Trump were a good idea. And within a matter of days of imposing tariffs on Mexico and Canada the moronic man-child has put a ‘pause’ on them for one month. Why?… Continue reading Trump’s moronic tariffs on ‘pause’ for one month
The lie of Trump being a deal maker
The pointed, intentional, out of control humiliation of the President of Ukraine by a convicted felon, the President of the United States, was gut wrenching to watch yesterday. And then the clown had the class to say it would “make good television”. In addition to the unseemly sight of a convicted felon dumping on a… Continue reading The lie of Trump being a deal maker
Trump has shown you can fool enough of the people
The world is a much more dangerous place now, all because Trump sold a bunch of lies to politically illiterate rednecks and hillbillies. First, he told them the Mexicans would build a great, big, beautiful wall and pay for it. And that never happened. The amazing thing is the knuckle draggers who voted for Trump… Continue reading Trump has shown you can fool enough of the people