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Showing posts with the label Tariffs

Trump Once Again Fails Our Nation’s Economy

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Op-ed by TheWiseOldFart When Trump was evicted from the White House on January 20, 2021, the economy of the United States was nearing a second Great Depression. You never heard this on the evening television news broadcasts. They would never make their leader look bad. His failure to lead our nation in the fight against Covid-19, combined with a fiscal policy of “trickle-down economics,” a policy which failed three previous Republican presidents, unemployment was rising, small businesses were nearing bankruptcy, and increasing uncertainty resulted in a nosedive on Wall Street. In 2025, Trump is dumb enough to continue the worst fiscal policy in American history, “trickle-down economics,” and has added an even more destructive policy, huge tariffs. The lengthy fight to create a free economy with our allies was flushed down the toilet. Tariffs never work, but Trump doesn’t care. Afflicted with malignant narcissism and a corrupt Supreme Court, he is mad with power. A lifelong schoolyard b...

Trump’s Only “Economic Plan” is the Act of a Bully, not Based on Knowledge or Experience

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Op-ed by TheWiseOldFart Trump is a very dumb man. If you don’t like my blunt words, stop reading now. By his own words and actions it is obvious that he did not earn his degree from Wharton. I have no doubt that Daddy Fred bought his diploma in the same manner he purchased deferments which prevented Trump from doing his duty and serving in Vietnam. This is why he had all of his academic records sealed in January of 2017. 99 percent of the world’s economists agree that placing outrageous tariffs on imports is moronic. However, there are two things everyone should learn about the old man defiling our White House. Trump has no idea how to administrate America’s economy. He is a serial failure in the business world, and a seven trillion-dollar budget is far beyond his comprehension. The second reason is based on his only tactic in the business world. Trump is a schoolyard bully. Tariffs are a tactic only a bully would use, not a man educated in an Ivy League business college. Trump’s tarif...

Another Huge Mistake by Trump Will Greatly Damage America’s Economy

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Op-ed by TheWiseOldFart Immigration reform. This is a problem ignored by both political parties for decades. It has become a “hot button” issue for many men and women who watch network news broadcasts, most frequently by the fake news, Fox News. From day one, Trump began his attempts to detain and deport anyone who is not pure white, even if they could prove they were in America legally. We know that he has a very low level of intelligence, and once again he proved my assumption by his own actions. Without immigrants, legal or illegal, two industries will lose millions of dollars, and consumers will pay for his folly. Ask anyone who works in the agriculture industry or in construction, and they will tell you that in 21 st century America it is difficult to find young men and women who are willing to accept jobs in these to industries. Both of these jobs require hard, physical effort. For as long as I can remember, immigrants from our neighbor to the south arrived in the fields of Cent...

TACO Man

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I admit to giving Trump many nicknames over the last 10 years. All were applicable, but none was simple and defined him for the “real Donald Trump” he has always been. I called him “Trumpenstein,” “Putin’s Puppet,” the “Fuhrer,” the “Destroyer,” a “Con Man,” “The Orange Buffoon,” and, of course, a “sexual predator.” All of these are true, but not as humorous as I would have liked. This week he has become known as the “TACO Man.” The acronym stands for “Trump Always Chickens Out.” It’s funny and accurate. He constantly makes a fool of himself. His intellect is far below average, and when he speaks to his supporters it is clear that he is illiterate. His greatest display of ignorance had become his decision to place tariffs on imports from nearly every nation in the world. Nearly every economist in our nation exposed the fact that tariffs are never effective and are always destructive to economic growth and national security. When his oligarchs began to complain, and Musk resigned, he re...

Trump Targets Our Closest Allies and is Clearly Focused on Dismantling NATO

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Fifty percent. That’s the number Trump is planning for tariffs on products coming to America from the European Union. Have no illusions, Putin’s ambitions are Trump’s responsibility. During his service in the KGB, Putin was open about his intent to end the organization which has prevented a WWIII, NATO. Trump’s constant criticism of NATO , the reason world peace was ever a possibility has a darker intent. He is desperate to accomplish his puppeteer’s primary ambition. If you are honest, everything Trump does or says is moronic. I would love to see the mainstream media post a notice everyday why they are not reporting anything about the idiot who occasionally visits the White House: “Trump did a bunch of stupid stuff again today that you don’t want to know about.” If the truth is told 25-40 percent of Trump’s time in office is spent on a golf course, at Mar-a-Lago, or at some event where the purpose is selling his cheap bibles, watches, fake bitcoins, or something else which puts money ...

No Surprise: China Wins!

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China had all the leverage. When Trump made an absolute fool of himself by levying the highest tariffs in history on a nation possessing equal financial and military power as the United States, the deranged and senile old man actually believed he would be victorious in his trade war. On Monday, it was revealed that he failed once again. Both nations agreed to a 90-day pause in retaliatory tariffs, but the damage is irreparable. This ludicrous and historical 145 percent tariffs on imports from China would have been laughable if they were not a disastrous policy implemented by an ignorant old man inflicted with malignant narcissism. Regardless of what happens over the next few months, Trump has added “economic moron” to his resume. The truth is, with the stock market in steep decline, and protests occurring every day across America, Trump capitulated. As it was between 2017 and 2021, the West Wing is in turmoil. There is now an internal civil war within what was once the Grand Old Party....

It Has Become a Tale of the Bully vs a Man with True Power

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Anyone who understands the intricacies of international economics will tell the same story: tariffs are a bad idea and generally ineffective. Tariffs are the enemy of free trade, a system which encourages and enables economic growth among all nations. However, your ignorant president, who knows nothing about anything with the exception of failing at every business venture he attempted, loves the idea of increasing prices on everything for his nation’s people, the same people he promised to better their lives by ending Greedflation. Although Trump has partially reduced most of his moronic ideas, he continues to bully China. Big mistake. Unlike Trump, President Xi is a very powerful and very rich man. He will not back down from a man he knows is extremely inferior to himself. Although your mainstream media fails to offer the American people the entire truth, I will tell you about Trump’s extreme disadvantage. America is in debt. Thanks to the fiscal policy of trickle-down economics, used...

Marjorie Taylor Greene, Not Just a Traitor, She is Also Guilty of Insider Trading?

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It’s hard for me to believe that any man or woman on earth is more despicable than Donald Trump. However, the maniacal and treasonous Representative from Georgia, Marjorie Taylor Greene, is very close. She is the ugliest woman on earth, both inside and out. Greene is the poster child of why our government is the most corrupt and incompetent in the world. Every man and woman in Georgia who gave Greene their vote is a perfect example of why not everyone should have the right to vote, and why not everyone should be allowed to run for office. It now appears that she is dumber than she looks. It is becoming more evident that Trump was playing a game with his outlandish and foolish tariffs. He drove the stock market down to levels not experienced since 2020, but he had a purpose. He and his oligarchs bought low so they could sell high after the orange buffoon declared a 90-day moratorium. They made billions. It appears that Greene was included in his crime of insider trading, and was too dum...

There is Hope: A Few Real Democrats Are Not Afraid of Trump and his Nazi Army

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Bernie Sanders is technically an Independent, and more importantly a true patriot. He has the courage to tell the absolute truth, something few members of his party share.  One of the greatest Senators in American history, Elizabeth Warren is standing tall among the majority of cowards and hypocrites in Washington. Senator Warren knows more about the need to protect consumers from greedy corporations than anyone in our nation. Ms. Warren recently appeared on CNBC. She was interviewed by Trump devotee, Joe Kernen. The subject was the fact that tariffs are more than a big mistake, they offer corporations an opportunity to take actions of pure greed against consumers. Her first example was from 2018 when Trump placed a tariff on washing machines. Of course manufacturers raised prices on washing machines but why was it necessary to raise prices on dryers? Pure greed. Kernen used the all too common right-wing tactic of redirecting the discussion to make himself and Trump appear more fav...

“It’s the Economy, Stupid”

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  Trump is a lifelong failure whenever finances or the economy is the subject. This isn’t stopping him from telling another lie. He claims that prices at the grocery store are in decline. He has never shopped for anything, anywhere in his life of white privilege, so how in the hell would he know? The truth is that prices are higher, just ask my wife. The consensus of opinion is that Trump’s victory on November 5, 2024 was based on the economy. I believe that Putin once again won the Election for America’s biggest traitor. However, Trump promised to end inflation on day one. Of course this was just another promise he never intended to keep. Instead, he and Musk’s actions are guaranteeing price increases on everything. My bride and I are part of the 60 percent of Americans who struggle to survive every month. We are not technically ‘poor,’ but we are in the low-income bracket. The Social Security benefits we and our employers contributed to for about 40 years each are our only income...

Like Hitler, Trump is Waging a War Against Every Nation in the World, Including His Own People

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The deed is defined by a single word, tariffs. Although your poorly educated and illegitimate president was warned about the danger and the futility of levying tariffs on other nations, allies and enemies alike, the arrogant old man levied tariffs on 185 nations last Wednesday. At least one of these nations has zero population, but he and his morons were unaware of those facts. It must be noted that although 185 nations were involved, Russia and Saudi Arabia are not included. Trump owes his entire existence to the leaders of these two countries. Russian oligarchs and the Saudi Royal family literally bailed him out of possible bankruptcies multiple times. They own him. Last Saturday hundreds of thousands of American citizens protested Trump, Musk, and the entire “Republican Party’s” failures. Handmade signs offered demands from “Hands Off,” to “Impeach Trump.” Although Trump has been the most hated man in the world for at least 10 years. The level of disgust previously levied against hi...

How Much Longer Will World Leaders Put Up With Trump’s Schoolyard Bully Bullshit?

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Trump is one, old, obese, arrogant, ignorant man who enjoys playing the role of a schoolyard bully. He is attempting to control the world’s economy with tariffs. The last time this was done by an American President the Great Depression was extended. My question is: “why are world leaders allowing him to act in such a childish and moronic manner which could destroy the economies of every nation in the world?” Fear is the word of the year and fear is the intent of Trump and his lifelong handler. Courage and the truth will always defeat fear and doubt, but courage is lacking in the 21st century. Evil leaders including Vladimir Putin, Mohammad bin Salman, and Recep Tayyip Erdogan are willing to do anything, including killing their enemies to remain in power. If you think that a deranged and mentally ill man who is once again defiling our White House would not do the same, you are choosing ignorance over reality. For 78years, Trump has cared only about Trump. Caring and successful leaders o...

Trump’s Lack of Knowledge About Basic Economics Will Further Diminish the Quality of Life for Most Americans

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Trump claims that his tariffs will force large corporations to return their factories to the United States. Of course, this will never happen. America’s motto is ‘profits before people.’ When these tariffs take effect, the result will be even higher prices for consumers. I believed that our presidents were intelligent men; more intelligent than me. However, in 2025 I know that I am far more informed and possess far greater mental competence than the buffoon in the White House. One fact proves that even Trump’s businesses would suffer from his ill-advised tariffs. None of his silly hats, etc., etc.,’ etc., are manufactured in the United States. The huge tariffs on China will force an increase of as much as 50 percent for his own merch. Nearly all of his cheap merchandise, and those of his daughter, Ivanka, are manufactured in the country he claims to hate the most: “Jina.” Like Doctors of Medicine, the first duty required of our presidents is “do no harm.” Trump lied to get votes; that ...

Even Trump’s Most Avid Supporters Must be Tired of his Lies and Broken Promises

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The Truth: Tariffs are Import Taxes which go into the national Treasury. However, Consumers pay that tax when prices are raised for commodities as importers pay more for their raw goods. Trump Obviously Failed ‘Economics’ in Military Boarding School. I was aware of this fact and knew that his promise to end inflation, or more accurately, “Greedflation,” on “day one,” was a blatant lie. Trump jokingly referred to yesterday, Wednesday, April 2, 2025, and “Liberation Day,” when his ill-advised tariffs would become a reality. [The new tariffs introduced by Mr. Trump on Wednesday include a 10% universal tariff, as well as so-called reciprocal tariffs on more than 60 countries that are trade partners with the U.S. The tariffs will be additive, meaning that imports will face both the universal tariff of 10% plus the specific reciprocal import levies targeting each nation.] Trump lied and said that “eventually prices will be lowered.” The facts and opinions of qualified economists claim the op...

Trump is so Dumb he Fails to Realize that in the 21st Century no Country Can Survive on its Own

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I am not unaware that Putin is pulling Trump’s strings. However, in typical Trump ‘style,’ his ego surpasses his little brain’s abilities, and he lashes out, making moronic decisions without information or careful thought. His latest ridiculous decision in retaliation to the European Union’s response to his tariffs would place a 200 percent tariff on alcohol products exported to the United States. It is fair to say that Trump is declaring war on nation’s who were our closest allies for a hundred years. Once again, Trump proves that he is unfit to be our president, and once again he confirms the fact that he is not an American. He is destroying our nation piece by piece as Putin is laughing in his Russian castle. If you have been a loyal supporter for 10 years, and fail to realize that he doesn’t give a damn about you, there’s something drastically wrong with your inability to think clearly. Co-presidents, Trump and Musk, are ruining lives and creating pain for people around the world. ...

Today, February 1, 2025, Trump Gave Two Middle Fingers to Everyone Who Voted for Him in November

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Exit polls on November 5, 2024, offered information that the primary reason Trump apparently won the election was based on a promise to end inflation. Another BIG lie. On this day, February 1, 2025, inflation, or more accurately “Greedflation,” continues to be a problem for most Americans. In a move which is guaranteed to add additional cost to the purchase of necessities and the pain which will accompany the stress of finding money to pay for food, Trump literally raised both middle fingers to the men and women who voted for him. Today, he placed a 25 percent tariff on imports from Canada, Mexico, and China. This will add an increase of 25-50 percent to our grocery and gas bills, just to name two serious problems we will all struggle with.. Have no illusion about what Trump is doing this evening: he is laughing at everyone who voted for him. Once again, he lied and used his talents as a lifetime con man to make fools out of millions of Americans. Trump never intended to make any attem...

An Entire Industry Could Declare Bankruptcy, but They Voted for the Con Man Who Will be Responsible

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I’m not part of the deceitful mainstream media, so I’m not going to pull my punches: many of those who voted for Trump will suffer the most, and I have no sympathy for them. No one should vote for a candidate who lies and uses television to make fools out of them. An entire industry could face ruin if Trump keeps his promise to conduct mass deportations. His goons will not be concerned about Hispanics who are here legally, they will only care about the origin of the birth. The agricultural industry cannot survive without workers who are willing to literally break their backs caring and harvesting their crops. It is no secret that many of these men and women are not legally in our country. In multiple interviews some of the owners of these farms tell us that they have tried to hire young men and women who were born in America to work for them, but none of them are willing to work that hard for so little money. Add to this Trump’s moronic idea to place large tariffs on imports. Some nati...