Wednesday, April 2, 2025

Liberation Day Downturn

Trump did it. 10% tariffs on all foreign imports. 25% on cars. A whole table worth of tariffs that will be ripping through the economy. As a banker, I feel like Ralph Wiggum at the back of the bus. The impact on my job security aside, I see the poverty people are living in. I see elderly people who struggle to pay their bills, or to get the care they need. I see people trudging their way through life, doing the best they can, and trying to make the most out of nothing. These people will suffer. People will starve. The homelessness epidemic will soar. People will die needless deaths of poverty.

And yeah, let's talk job security. Economic downturns are not good for jobs. The financial sector is not immune to job loss. I'm fortunate enough to have the means to have people who depend on me. And if I were to lose my job as a result of these tariffs, I would be entering a job market full of businesses making cuts instead of hiring. I have no idea what I would do. There are so many people who have already hit that limit, who have already lost everything. This move is going to skyrocket poverty, and it will happen to so many more families.

It has to be stopped. It has to be reversed. There has to be a limit to the damage Trump is allowed to do and it has to be here. It shouldn't have come this far. We have to take a stand. It's time to rise. No one is going to do it for us. I know so many people who have no plans to do anything about what is being done; content to stay in their bubbles, unaffected and unbothered. At this point I'm not so sure that when they are directly affected they'll have much to say about it. And I know other people who are watching with near glee, as they marvel at the red-hats getting what they voted for. But we all have to live with the consequences, and the longer it goes on the harsher the consequences. Enough is enough.

(yes I am working on the next executive orders post. I may get it out this weekend. We'll see how involved the editing process of this first article gets.)

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