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Showing posts with the label Tariffs

Trump is Like the Scarecrow in the Wizard of Oz

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Op-ed by TheWiseOldFart I’ve said it all. I know everything about Trump, all of it bad, and anyone who doesn’t see what I see is choosing to be ignorant. Trump lacks everything needed to be an average president because he is void of the qualities necessary which compose a good person. It doesn’t take a genius to see that all of his problems are related to the irrefutable fact that he has less than average intelligence, was poorly educated, and possesses absolutely no common sense. I grew up in Los Angeles in the 1950’s and 1960’s. My brother and I were latchkey kids, and most of our entertainment at home came from a 19-inch black-and-white television. Even when doing homework, the television was on. Therefore, I often think of people I know as characters I saw in movies and on sitcoms. Trump reminds me of the Scarecrow in the Wizard of Oz. The only thing he wanted was a “brain.” However, unlike Trump, he learned that he possessed common sense, and made good decisions most of the time. ...

In the 21st Century, No Nation Can Stand Alone, but Your Schoolyard Bully Doesn’t Understand International Economics

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Op-ed by TheWiseOldFart After the Great Depression began in 1929, Hoover and his administration attempted to restore America’s economy by placing tariffs on imports. This only exacerbated the situation. However, Trump is a schoolyard bully and doesn’t read or understand the lessons offered by history. The truth is, free trade agreements stimulate the world’s economies. Trump doesn’t care about any other country, or the fact that in the 21 st century, no nation can stand alone. America’s economy is dependent upon consumerism. His choice to place excessive tariffs on every nation, including our allies, is founded in a mixture of arrogance and ignorance. He believes that he can bully other nations, and force them to obey his demands. This is what happens when a lifelong failure is chosen to lead a nation of 340 million people. Remember what Trump did to America’s economy between 2017 and 2021. When he was evicted from the White House, our nation was nearing a second Great Depression, and...

Trump Hates Educated and Informed Voters, and I Know Why

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Op-ed by TheWiseOldFart Trump’s supporters are suffering from Trump’s many failed and destructive policies. Most remain loyal members of his cult. These are “Trump’s people,” and the only men and women in America who do not reject his attempts to replace democracy with fascism. I doubt most Americans are aware that today the United States is a plutocracy/oligarchy. Trump and his 902 billionaires/oligarchs control everything in America today, without exception. Fact: a plutocracy cannot be sustained in a democratic society. Only a fascist regime can maintain the status quo. This is why Trump fears and even hates well-educated and informed Americans. The truth is his greatest enemy, and only those who choose ignorance over fact could possibly support Trump after all the damage he has done to their futures. We cannot forget the facts. In 2020, Trump was solely responsible for the massive number of American lives lost related to Covid-19. His ignorance and apathy could have prevented the l...

33 Years ago, an Agreement Negotiated by Bill Clinton, and signed by George W. Bush, Created Economic Security for North America

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Op-ed by TheWiseOldFart NAFTA was not perfect. However, this free trade agreement between Canada, the United States, and Mexico was critical in establishing economic security for all of North America. Tariffs were eliminated. All three nations were allowed to set prices for their commodities without interference. It was very successful until George W. Bush placed our nation in two unwinnable wars, and allowed Wall Street to avoid oversight and nearly bankrupt our nation. This agreement was voided by Trump in 2017. In 2025, and although he was advised not to place tariffs on nearly every nation in the world, Trump is playing the role of a schoolyard bully and threatening all nations, including our closest allies and neighbors, with outrageous tariffs unless they agree to his demands. On September 18, 2025, Canadian Prime Minister, Mark Carney, and Mexican President, Claudia Scheinbaum, met in Alberta, Canada to finalize negotiations designed to bypass involvement by America’s failed and...

Free Trade Agreements Between Nations Stimulate the World’s Economy, Tariffs Stifle Growth

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Op-ed by TheWiseOldFart As we all learned more about Trump over the last 10+ years, it became crystal clear why he failed at every business venture in his life, including casinos, and why he was forced to rely on assistance from foreign nations to avoid absolute financial ruin. Anyone who voted for Trump, in any of three disastrous elections, placed the economy of 340 million people in the incapable hands of a draft dodger and criminal who avoided paying taxes with fraudulent practices. Every qualified economist in our country warned against Trump’s plan to place large tariffs on every other nation in the world, including our oldest and most trusted allies. In 1930, Herbert Hoover was faced with economic disaster after the beginning of the Great Depression in 1929. His idea was to place tariffs on most imported commodities. His plan failed miserably, and exacerbated the many problems facing the American people. Beginning in 1981 with Ronald Reagan, the idea of free trade agreements wer...

Trump is Succeeding Where Hitler Failed

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Op-ed by TheWiseOldFart Military leaders are seldom the “sharpest tools in the shed.” They are narrow minded. Their focus is on one thing and one thing only, ‘how to fight the next war.’ I should have said “two things,” the second being how much money they will receive each year from congress. Therefore, I doubt that the Pentagon will learn from their last four defeats by far less costly and numerous forces they promised to defeat quickly and with minimum effort. If we go back to WWII, the last war in which the military of the United States could honestly claim victory, the same lessons we should have learned from Korea, Vietnam, Afghanistan, and Iraq apply. In the 21 st century, wars will not be won by force. Hitler’s ambition was world domination. Allies who refused to accept rule by fascism united to defeat the Nazi armies and save millions of people around the world from being forced to bow to a ruthless, fascist dictator. If WWII taught governments and military leaders anything, ...

How Quickly Americans Forget the Greatest Economy in Modern History: Bill Clinton and NAFTA

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Op-ed by TheWiseOldFart On June 17, 1930, President Herbert Hoover signed the Smoot-Hawley Tariff Act. Approved by both houses of Congress, the bill’s intent was to lessen the harm caused by the Great Depression of 1929. Although America’s leading economists opposed the bill, an incompetent group of politicians ignored their warnings and sent it to President Hoover for his signature. Needless to say, it was a disaster. Not a single reputable economist has ever sanctioned the establishment of tariffs on imports as a constructive effort to grow the economy. What works are free trade agreements between various nations. [In his final weeks in office, Republican President George H. W. Bush signed the agreement on December 17, 1992. The House and Senate approved NAFTA less than a year later in a bipartisan fashion with Democrat President Bill Clinton signing the Implementation Act in December 1993.] Prior to Trump, a phrase likely to be used by historians when referring to the failures of th...

Does Trump Believe We, the People, are as Stupid as He Is?

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Op-ed by TheWiseOldFart I say it again: if Trump’s piehole is open, he’s lying. He has never once in 79 years told the truth about anything. Today he is attempting to cover up his efforts to serve his 813 oligarchs with huge lies no one with common sense will believe. After Trump’s ill-advised tariffs begin to take effect, Trump’s administration released a press release. "WELCOME TO THE GOLDEN AGE," the White House wrote in a post on X, along with an image of Dear Leader pumping his fist. "Thanks to the leadership of @POTUS, the U.S. has generated over $150B in tariff revenues within the past 6 months." Let’s break this down with some facts; reality about how tariffs will harm 340 million people while benefitting Trump and his 813 oligarchs. I begin with the obvious: the “golden age” is in our past. America is led by a regressive, old man and his fascist minions who are moving our nation into the “dark ages.” We, the people, will continue to suffer from the failures...

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...