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  1. Tariffs are and always have been the cause of chaos, economic pain around the world and broken relationships with other nations. Fixing trade deficits? Not so much.

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  2. Meanwhile it is very clear that there will be a mid to longterm negative impact of the world looking for other trade partners than US because they are not reliable anymore

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  3. 🤡 wants to spend the $billions from tariff hikes for troop pay, nutrition assistance and farmer/rancher bailouts. Now: "We're going to issue a dividend to our middle income people and lower income people of about $2,000," he said. "... remaining tariffs to lower our debt." Somebody, explain to him!

    President Trump says the government will distribute checks to Americans from tariff revenue. Here's what that could mean.

    Trump floats tariff 'dividends' even while plan shows major flaws

    President Trump says the government will distribute checks to Americans from tariff revenue. Here's what that could mean.

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  4. This may be overstated, as there was a lot of front running the tarrif date, and US companies buying inventory in advance, just my opinion.

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  5. The disintegration of the Trump facade. Hopefully new voter registrations will be sufficient to counter any lingering affinity which might persist between now and the Midterms.The gilding is off the Lilly to mix a metaphor....

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  6. My understanding of the trade deficit is that we buy more goods and services from other countries than we sell to other countries because we’re the wealthiest country in the world.

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  7. Except - all sorts of reports haven't been released by this administration. How believable will they even be? Will next jobs report even be remotely close to what we already know from ADP data? I expect garbage on that and any report related to trade.

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  8. In defense of Donald Trump‘s economic policies and those who seek to defend those policies, they are invariably wrong.

    That is not a bug, but rather a feature.

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  9. His entire economic agenda has already been a complete failure. He's been lying for 10 years about these stupid policies and the media been letting him lie. We told em, but they needed to find out the hard way.

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  10. And Bessent and Hassett go on cnbc & other shows saying how great these tariffs are for the USA and economy What strikes me the most is how intelligent men like these, entered Trumps Jonestown and gladly drank the Kool Aide? What switch did they turn off in their reasoning ? I’ll never understand

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  11. Really not good. May take decades to recover from this President's economic policies (that the professional experts said all along were flawed).

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  12. Just wondering how Carl has journalistic integrity but 99.9% of the stuff I see in media is just unadulterated bootlicking.

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  13. "Stupid is as Stupid does." and nothing on this planet is as Stupid as a fuck'n Republican. "The Laffer Curve"? hell, the joke was on the title page. It's so absurd as to be laffable.

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  14. Bessent later today: “We see the economy booming starting one day after the mid-terms. We’ll also be sending $2,000 rebate checks and $10,00 healthcare checks to all Americans. The Dems will take those away.”

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