Thursday, April 3, 2025

Liberation day

It would be comical were it not so painfully tragic and idiotic. "Liberation day" came and went leaving Americans with the prospect that their debt load and everyday costs will go up. No one is allowed to tell the mad emperor that he is wrong and that he has no clothes. 

Tariffs are a tax on imported goods passed on to the consumer and you don't need to be a rocket scientist to understand it. They also historically do not work and will work even less in a deeply integrated global economy. But Trump is a hapless imbecile with a record of destroying his businesses and now he has set his sights on bankrupting the US economy. 

Not only is the economy largely service industry driven but if you were a manufacturer would you take 3 years and much capital to build plants in the USA only to see tariffs disappear on a whim or the mad king simply leave office? Of course not. 

But in this dystopian scenario the economy is going to be allowed to circle the drain at the same time as deep cuts are made to social services most needed by the poorest people. The spineless sycophants surrounding Trump can say nothing and it will eventually up to the people to later save what is left of their own country.

This kind of evil and stupid would be hard to believe even in a movie.



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