Well…with repubs continuing to lie that the tariffs are not going to effect prices at all, can someone explain to me why they are now touting a “rebate” of up to 600 dollars a person to help people pay the higher costs? With tariffs already estimated to cost a family of 4 over 4,000 dollars a year, it seems to me that this is just a bribe to take people’s minds off tariffs and give the repubs a talking point to be able to say “see, we gave you all that cash” and use it in the 26 election…but that family of 4 is still out almost 2 grand even after the checks…this is the repubs just making things up as they go since they are really willfully ignorant of basic economics…and they are counting on the dems continuing to be lousy in their messaging so the right wing mainstream media can drown out the truth…as always…geez…
Tag Archives: tariffs
More fallout from the EU tariffs…
Well…I talked a bit about the idiotic tariffs that the idiot in chief just put on everything from the EU…and guess what percentage of lifesaving drugs comes from the EU? 60%…yep and as of AUG 1st, they will all be 15% more expensive…do you take Ozempic? 15% more…or how about wegovy, mounjaro, or zepbound…all 15% more…or humira, or stellara…or how about the miracle cancer drug keytruda…15% more…even botox is going up 15%…and it’s not just drugs that will cost more after these moronic tariffs…do you think insurance companies and even Medicare are just going to eat this cost increase? Nope, next year all insurance will go up in double digits just because of these tariffs…and idiot boy is still out there lying that he is going to decrease the cost of drugs by “1,000%”…yeah, he doesn’t even understand simple math…does that thousand mean that drug companies will pay us to take them? That’s how stupid this whole thing is…hey maga voters…did you vote to have the cost of your drugs soar? Stupid, stupid people…geez…
No topic…okay, I found one…
Well…have been looking for a political topic for today but haven’t found one yet…I’m tired of talking about tariffs but there is one nugget that came out yesterday…imports into the US have dropped 20% since the tariffs kicked in…so, with companies tired of absorbing the tariff tax, price hikes are coming to everything we import…and shortages…you remember them? When you couldn’t find much on the shelves? When you take 20% out of imports, there has to be shortages but at this point we don’t know where it’s going to hit…and, as I talked about yesterday, we will see price hikes even from American manufacturers as they seek to shore up their profits and match import prices…so, essentially the tariffs are going to be applied to American goods, too…and idiot boy had no clue that was going to happen…just like he has no clue about anything…
No trade talks for you…
Well…who are you going to believe about trade talks? The idiot trump and his cronies keep lying that they are in talks with China…so much so that China had to have a Foreign Ministry spokesperson say “let me make it clear one more time, China and the US are not engaged in any consultation about tariffs” and Japan jumped in and said there will be no trade talks until all of the tariffs are lifted…and that goes for every other country he has attacked with tariffs…they are doing just what I said they should and that is to not even talk to idiot boy and his cronies…and they are building trade partnerships that don’t include the US just to show us that they really don’t need us anymore… and idiot boy has accomplished this in just 100 days…pure genius I say…geez..oh, and this just happened…the EU and the UK have come to trade agreement that promises “free and open” trade…essentially poking a sharp stick in the idiot trump’s eye…see, they really do not need us anymore…
Worst April since 1929..
Well…it appears that investors really don’t like a moron running the economy and they are showing that by selling share in just about everything that has led to the worst performance of stocks since the 1929 depression…and now idiot boy has presided over the 10 biggest daily drops in history, too…even the WSJ is warning of “skyrocketing inflation with a painful recession, and the loss of millions of jobs later in the year”…and if you’ve lost the right wing Journal, it must be getting really, really bad out there…and the one thing they cite as the reason for these coming problems is the stupid tariffs idiot boy keeps throwing around…I can’t wait for the maga assholes who did this to us to start losing their jobs and houses…the whining is going to be glorious to hear… and I hope it starts soon…and they’ll deserve losing everything…geez…
Bye, bye Boeing…
Well…another American victim of the idiot trump’s trade war with China is going to be Boeing and it really could drive them into bankruptcy….with the additional tariffs that idiot boy slapped on China, the Chinese government has blocked all companies from accepting any Boeing planes and with the 130+ planes on order, this will cost Boeing around 13 billion dollars in sales…and with the losses they’ve had over the past few years of almost 12 billion dollars, they have a very small window to save the company…while I feel for the workers at Boeing, I really do hope there are consequences for the CEO there who is a huge trump supporter and who, with the rest of the maga asshole voters, saddled us with the ignorant asshole who is wrecking our economy….and the repubs are good on the economy? Yeah, right…geez…
Blundering around…
Well…now we know the real reason why the idiot trump stopped his stupid tariffs yesterday…his blundering stupidity caused a crisis of confidence in the US bond market and we were hours away from the biggest crash in the economy since the great depression…and it was his hated bureaucrats at the fed and the treasury department that saved the day…and these are the people who he and musk wants to fire since they are just “dead weight” to these economic ignoramuses….just another example of the breathtaking stupidity of the idiot trump and his minions and just another example how the tough guy bullshit is coming back to haunt the entire country…and analysts across the world have “lost faith” in the US with this latest tantrum by the toddler in chief and I’m pretty sure that can’t be fixed until a dem is in the WH again…geez…oh, and there is another bloodbath going on in the stock market today with the Dow down 1,700 points as of noon…way to go maga…
Kissing his ass?
Well…addressing some of his repub donors last night, idiot boy bragged that countries are calling him up and “kissing his ass” to get him to remove the tarriffs he put on the world…yeah, that’s a thug talking and I guess no one told China as they just slapped 84% tariffs on all imports from the US…and maybe they missed the EU, too as they have identical tariffs on the US as idiot boy did to them…and I guess no one in Canada is taking trump’s calls as he tried to get talks going with the new PM and his response was that there was “no point” in talking to idiot boy…and we know the real reason for all the tariffs…they don’t make economic sense so why? As I see it they are just an insecure bully trying to be important since the entire world is starting to ignore him and he can’t take it…what other reason does he have to lie about countries “kissing his ass” than that? I really do hope the ignoring continues until he can’t take it anymore…geez…
Missed it by a bit…
Well…okay, I’m the first person to admit he’s wrong…I missed the stock market prediction from earlier today…in the first minute of trading the market was down by almost 1,400 points but it rallied and now it’s only down by 1,000 points…and yes that is sarcasm…and thousand point drop still means the market is down almost 5,000 points in the past three days and the tariffs have just started to kick in…one thing I forgot about was how much damage was done to farmers the last time idiot boy started throwing tariffs around…I mean having to bail out farmers to the tune of 30 billion dollars and with the new 25% tariffs that China has just levied, there will be no market for any grain or bean that is grown here…oh, and do you know about potash? It’s a component in fertilizer that we get 90% of from Canada…and it’s now 25% more expensive and that will break a lot of farmers here…you know…the idiots who voted for the idiot in chief…wreckage everywhere…geez…
6 trillion dollars…
Well…the idiot trump upped the trade wars yesterday by imposing tariffs on the entire world that is going to cost American consumers over 6 trillion dollars…a “trump tax” that is going to raise prices of everything everybody buys and fuel runaway inflation that will cost the average family thousands of dollars a year…living paycheck to paycheck? Start thinking about what day you aren’t going to eat every week…and one unintended consequence of these stupid, stupid tariffs is that countries around the world are forging new trade alliances that bypass these tariffs…and the poke in the eye to the idiot trump is Mexico and Canada teaming up to work with the EU and the UK to cut the US off completely from exporting to those counties who are our biggest trading partners…there is going to be a bloodbath in the stock markets this morning since idiot boy announced the tariffs after close of trading yesterday just so the crash didn’t happen while he was announcing them…so if you have a 401K, you are going to get screwed by trump this morning…how do you like that maga folks? You can consider this another “trump tax”…did you vote for 40% higher taxes? Yeah, I’m laughing at you idiots,,,I really do hope a lot of you go broke and lose your houses…nothing else will drag your asses out of your delusions…geez…