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Politics & The CIC/Prez

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Now they are considering abandoning the peace talks soon if nothing is resolved. In other words, they don't succeed in agreeing to Putin's version.
 
Putin is notorious for stabbing the flesh until landing steel. Trump to Putin is no more than a fat and juicy pork kabob to be skewered and then slowly barbequed along with his fervent.
 
A few relevant notes.

If there were no Reagan, Bush and Trump tax cuts — which primarily benefited the wealthy — there would be no national debt now.

Trump is totally clueless about how tariffs work. This is Economics 101, but a tariff is a tax on imports. So the company who brings merchandise into a country pays the tariff. In turn, that company can either "eat" the tax payment, divide it between themselves and the end user, or pass all of the tax payments on to the end user. As I said, a tax. It makes things more expensive. Thus more inflation.

Trump stupidly thinks the country from which the imports come pays the tax and imagines there are billions of dollars in payments rushing into the Treasury each day. He has no clue where those payments (which are far less than he claims) come from. He makes idiots look smart.
 
"Economist Justin Wolfers on the looming recession risk and nostalgic fantasy driving Trump’s tariff upheaval". He shares his views via podcast half way down the article.

www.motherjones.com

What Trump's tariff shock will cost you.

Economist Justin Wolfers on the nostalgic fantasy that's driving the president's tariff upheaval.
www.motherjones.com www.motherjones.com
 
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