“Despite the attempt of right-wing media to hide the [economic] crisis, more than half of Americans have heard unfavorable business news coverage of the government’s policies. While MAGA continues to approve of Trump, he’s rapidly losing support among the rest of the coalition that put him into office.”

#Politics #USPolitics #TrumpTradeWars #TradeDeficitMyth #TrumpTariffs #EconomicSlowdown #RecessionRisk #DemocracyVsOligarchy #LettersFromAnAmerican

https://heathercoxrichardson.substack.com/p/april-4-2025

April 4, 2025

The stock market rout continued today.

Letters from an American

“Pragmatically, there are two things that explain these idiotic taxes. The first is that the Trump Administration is run by fucking bozos whose main qualification for their job is that they are Donald Trump’s spineless yes-men. The second is that Trump himself is by temperament a gangster, and he’s looking for leverage over every country and business that deals with the US.”

#Politics #USPolitics #TrumpTradeWars #TrumpTariffs #Economics #GlobalTrade #TradeDeficitMyth

https://www.theverge.com/business/643970/trade-war-consequences-crazy

We just declared a trade war with the world

Donald Trump’s bozo tariffs threaten the US economy in a wide variety of ways. Also, they don’t make sense. Oops! Now what?

The Verge