Could be dementia. Could be drugs. Or it could be just a perfect storm of stupidity, negligence, incompetence, sadism, and being a rich spoiled shithead who never had to know how to do anything and has always been insulated from the consequences of his actions. Or could be all of the above (that’s my own guess).
The important point is, Chump is completely disconnected from reality, has no idea what he’s doing and doesn’t care, as long as his ego is being stroked (or he thinks it is).
From the comments:
Then a question about this interesting development.
These parties may rise to oppose the tariffs—fine. So maybe prices won’t rise so much after all, and maybe there’s less economic damage across much of the world. But is there the least reason to think these parties will develop the least discomfort with the police state methods, the coercion of colleges, law firms, businesses, etc., the destruction of such social insurance as we have, the destruction of knowledge, the escalating environmental depredation?(Throw in a few more items from Projects 2025 — but this already suffices.) That question appears to answer itself. In fact they love all or nearly all of that stuff. If so, then what we get at best is an outright police state, on an express track to social and environmental disaster, where things aren’t as expensive as they might have been. In fact, were this strand of opposition somehow to neutralize Trump — let this be posited — the learned conservatives would replace him with someone with the same agenda except a better economist.
Admittedly an improvement over what we have. But …?
According to a D.C. source with knowledge of the plan that’s still being developed, Trump has commandeered Saturday, June 14—the 250th anniversary of the U.S. Army and, as it happens, Trump’s 79th birthday—for his military parade. It would stretch almost four miles from the Pentagon in Arlington to the White House, according to the source, who stressed that local officials are just learning of it.
$92 million dollars down the drain! One of the reasons for canceling it last time was that the heavy tanks would destroy the city streets.
An ego in a vacuum, existing only to be served. If only we could Futurama his head in a glass jar and then cut all the connections.
Speaking of the Chevron doctrine mentioned earlier in that post, Chevron is a really good example of this very thing. Chevron was decided in 1984, at the height of Reagan’s power. Prior to Chevron, administrative agencies still had some power to interpret and reinterpret laws and agency rules, but the federal courts had more of that power. At the time, the federal judiciary was still (barely) dominated by liberals, not conservatives. The Federalist Society was just two years old and Leonard Leo was still in high school. Reagan had just come in and transformed the administrative state. He didn’t do it quite as dramatically as Trump, but he definitely slashed a lot of regulations. Reagan and other conservative Republicans were worried about the judiciary undoing that work. They wanted that power (the power to interpret laws and rules) in the hands of the agencies, not in the hands of the courts. Thus Chevron, which was decided in their favor and allowed administrative agencies to interpret laws and rules which were ambiguous however they saw fit, as long as their interpretations were reasonable and logical. Fast forward to a few years ago, and the judiciary had changed a lot. Plus, Democrats seemed to have an advantage in Presidential elections, with Republicans only winning the popular vote once since 1988. Suddenly, conservatives don’t want that interpretive power in the hands of the agencies. They want it back in the courts, because the judiciary is dominated by conservatives. Thus, Loper Bright. So, both the original Chevron case, and the case that overturned it, were backed by conservatives.
- We contacted the 100 largest American companies and asked a simple question:
Do you support the tariffs announced by President Trump on April 2?
These are tariffs that have already destroyed trillions of shareholder value
NOT ONE COMPANY WOULD ANSWER THE QUESTION
Video of an incredible protest sign.
What a weird thing to say. I know he’s trying to keep the stock market from dropping when it opens here in a few minutes, but that’s the kind of statement that works on his base, and his base is not made up of traders on the floor of the NYSE.
Right now I can think of only two statements that will generally help the market.
“I resign”
“Ack. Urgh. My heart”
U.S. stock market just opened and …doooown they go! will this be a “circuit breaker” day? (S&P500 drops 7% or more) stay tuned! …or perhaps don’t
gratuitous graphic as to how the stock market 'circuit breaker’s are triggered (currently)
“Does anyone else smell toast?”
The Tokyo futures market tripped a circuit breaker early in their morning of trading. I wouldn’t be surprised if the NYSE hits a breaker. It’s already down almost 4.5%.
https://www.nytimes.com/2025/04/07/opinion/trump-tariff-math-formula.html
ETA
https://www.nytimes.com/2019/10/16/us/politics/peter-navarro-ron-vara.html
It’s rebounding a bit. We’ll see if that lasts.
