I will repeat, "Biden was a lot better President than we knew." The CHIPS legislation (bipartisan legislation, not Presidential mandate) is/was bringing manufacturing jobs back to the United States. When we first moved to México over five years ago, we bought top-of-the-line Samsung and LG appliances for less than they cost in the United States. This was because of Trump's first set of tariffs. Next year, I will replace my iPhone 11 with whatever is Apple's newest model. I will pay a lot less than you do.
While the man who would be king gleefully buries the remains of our republic in tariffs, the EU is turning to China as a more stable trading partner. Trump says, “Tariff is the most beautiful word in the dictionary.” He’s so delusional that it wouldn’t surprise me if he believes his own bullshit. What’s appalling are the number of supposedly intelligent people who also swallow it, or at least say they do. It reminds me of Jonestown, but on a much larger scale.
One of Gilda Radner’s esteemed colleagues came out with a quote that remains too relevant: “No matter how cynical you get, it’s impossible to keep up.” ---Lily Tomlin
To add to the chaos: it appears that the new tariffs are not being collected. Oh, wait, yes they are.
Electronics are exempted, mostly. Oh, noes, they are NOT!
Magnets (how do they work???) and some rare-earths are being withheld by China. But we're gonna confiscate Ukraine's mining. Unless we partition Ukraine.
I will repeat, "Biden was a lot better President than we knew." The CHIPS legislation (bipartisan legislation, not Presidential mandate) is/was bringing manufacturing jobs back to the United States. When we first moved to México over five years ago, we bought top-of-the-line Samsung and LG appliances for less than they cost in the United States. This was because of Trump's first set of tariffs. Next year, I will replace my iPhone 11 with whatever is Apple's newest model. I will pay a lot less than you do.
While the man who would be king gleefully buries the remains of our republic in tariffs, the EU is turning to China as a more stable trading partner. Trump says, “Tariff is the most beautiful word in the dictionary.” He’s so delusional that it wouldn’t surprise me if he believes his own bullshit. What’s appalling are the number of supposedly intelligent people who also swallow it, or at least say they do. It reminds me of Jonestown, but on a much larger scale.
One of Gilda Radner’s esteemed colleagues came out with a quote that remains too relevant: “No matter how cynical you get, it’s impossible to keep up.” ---Lily Tomlin
To add to the chaos: it appears that the new tariffs are not being collected. Oh, wait, yes they are.
Electronics are exempted, mostly. Oh, noes, they are NOT!
Magnets (how do they work???) and some rare-earths are being withheld by China. But we're gonna confiscate Ukraine's mining. Unless we partition Ukraine.
Trump is 6'3. Just like Prince William. https://www.mercurynews.com/2024/12/09/trump-doesnt-appear-to-measure-up-to-prince-williams-6-3/
"As Forrest Gump might have said, 'Tariffs are like a box of chocolates, you never know what you're gonna get."
--- Ed Yardeni (Yardeni Research president)
...and Trump's recession.