How blatant does market manipulation have to be before we do something about it? I'm hearing little more than whispers about calls for review of the events last week in Congress, and the social media response isn't any louder. When our nation is under attack we're supposed to Stand Up, Fight Back. But I think some of us who feel the urge to fight the tyrannical self-serving Trump regime feel so removed from the economy, we can't fathom how to fight back.
Political commentary and abstract musings through the eyes of an amateur political junkie.
Sunday, April 13, 2025
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.
Wednesday, November 27, 2024
Tariffs
The word of the week is, apparently, tariff. During his campaign, Trump boasted of a plan to implement a 60% tariff on Chinese goods, and a 20% tariff on virtually all other imported goods, and that was just to start. Calling himself Tariff Man, he claimed that these large sweeping tariffs would lower food prices. But tariffs don't lower food prices, they raise them.