It would probably be helpful if somebody in the Trump administration took and understood such a class.
To be fair, based on their calculations and continued attempts to defend them, none of them know how tariffs work. Or basic algebra. See, for...
Are you enjoying the largest tax increase in history, which you voted for in order to avoid...tax increases?
This is the level of intelligence today: [MEDIA]
OMG....the single dumbest line involving economics that I have ever read. Take a bow Trumpers. Reciprocal Tariff Calculations
We must stop the US military base from taking advantage of us! Apparently, they were utilizing tariffs against us. Must be the deep state. [MEDIA]
Lol! [MEDIA] We are going to get those penguins! They have been stealing all the fish!
Just wait, it gets even more dumb: they did it based only on goods, with services removed. [MEDIA] And here is their explanation for the...
Well, I guess, in a way....
I think the hope might be that the markets might look at him and think "well, sure, he has the nose and face paint but not the bright, curly wig,...
Also, it should be noted that they then took this "analysis," let's call it, and truncated it at 10%.
Ohhh....yep, that's insane.
That rumor was priced in a few days ago, along with probabilities for the giant books of reciprocal tariffs and the random Trump narcissist...
Completely made up numbers that don't even pass the initial laugh test are fun. 10% tariffs from both Singapore and Brazil. It's like what a trade...
There were rumors that the USTR had convinced him to not be quite as stupid as feared. That chart was more bonkers than even the bonkers theories...
Yep. [MEDIA]
What the heck is "works?" "Works" to do what?
This is why the event started at 4. When he pulled out that stupid chart, if it happened at 3, as initially planned, you could watch the markets...
Is there a dollar figure that would? Or is it about how successful teaching values through TV shows is? Heck, you would think that low cost ways...
He claimed that Singapore had tariffs of 10% on our products. We have a free trade agreement with them. They literally don't have tariffs on US...