Well…everyone knows that trump is ignorant of economics and thinking that trade wars are “easy to win” shows it…and the latest numbers on manufacturing in this country really pound that point home…in the past two months, US manufacturing has contracted by almost 8 percent and every damn economist and manufacturer puts the blame squarely on trump’s idiotic trade war and the disruption to the world economy it has caused…and now, even manufacturing employment is diving with manufacturers seeing that things are going to get much much worse before they get better so they are laying off workers across almost every industry…to the tune of hundreds of thousands of workers. This is just the start of a manufacturing bloodbath that the dems can use to punch holes in the myth of the trump economy…along with the tax scam for the rich which did nothing for anyone but the rich….if we’re lucky, the moron in chief will be long gone before the election…but, if not, he is going lose like he always loses…and this time it will mean jail time for the criminal in chief….
Tag Archives: trade war
bye, bye, jobs….
Well…just getting ready to get back on the bike for the second ride of the day but thought I would comment on an article I just read a few minutes ago…the “jobs” president really is if you count jobs lost to his stupid trade war….already, the idiot has cost over 300,000 jobs across the US and the projections are that, by the election in 2020, there will be almost a million jobs lost in damn near every industry that are affected by stupids war…now, I know I harp on this a lot but, what would the repubs have said if it was Obama who did this? If it was Obama who staggered around showing his ignorance every damn day and hurting the country with everything that comes out of his moronic mouth? Here’s the thing, most of these jobs are probably lost by people who voted for the idiot and they still support him even after going broke…this is the very definition of a cult and these people need to be deprogrammed if they are ever going to be able to identify reality and be a part of society again….but, I’m not holding my breath….
trump screws the pooch again…
Well…just read that the idiot trump has stopped listening to any of his economic advisors when it comes to trade with China and is going to go with his “gut” in announcing new tariffs that will be imposed on sept. 1st…and guess what the stock market did with that bit of idiocy? Down almost 800 points yesterday and China told idiot boy that they are not going to be bullied by the moron in chief and cut off all agriculture purchases from the US since trump broke his promise to not impose any more sanctions if the Chinese would ramp up it’s purchases…as they were doing but I guess someone on fox news told trump that in talking to the Chinese he looked weak so of course he had to try the same type of bullshit that worked with contractors when his casinos were going broke…bluster and bullshit. trump is so far out of his league in dealing with China that I think they are just screwing with him until he is voted out next year and the adults take charge again….I just hope he hasn’t tanked the entire world economy by then…impeach…
401K’s down the drain…
Well…hey there…trump voters…got a smile on your face today? Got a 401K? If you do, you shouldn’t…due to your idiot president, you have lost over 5% of your money in just the past two days…with the 630 point plunge from today and the 500 point drop from Friday, the Dow is down over 5% in just the past two days and it is only up 1.5% over the entire past year…so with inflation up over 2.5% in the past year you guys have lost a percent out of the gate on top of the 5% loss….and it is all because of the moronic trade war and tariffs that idiot boy has imposed on all of our trading partners. This is the “great businessman” you morons voted for and saddled the country with so I have not one morsel of feelings for you…it is just a shame that you hurt the entire country and the world just because you believed a reality show idiot that knows absolutely nothing about anything….I wish it was later today…I need a drink…
Soybean update….
Well….there was one thing that I forgot to talk about when I did the last one…and that was the effect the new Chinese tariffs would have on the price of soybeans…and it is getting ugly with the price down by over 40 cents a bushel just today…and that translates into a $1.72 BILLION dollar loss to soybean farmers in one day….how’s that MAGA working out for you now, farmers? Elect someone to burn the government that you hate to the ground and guess who gets burned…not the idiot boy, but you morons…geez….
Trump is getting played on trade….
Well….this is what happens when you put an ignorant idiot in charge of trade policy….with idiot boys escalation of the trade war with China yesterday, China has come back with targeted tariffs in response… and guess who they are targeting? Yep, all of the idiots who voted for trump across the midwest who are soybean farmers and the idiots in the south who work at car manufacturing. With the fact that midwest farmers send 70% of the soybeans they grow to China, this one is going to hurt….and you have to remember that China is an authoritarian government that can do whatever they want without concern for their people and can just stop buying from us completely, replacing our soybeans with any one of a number of countries who are probably salivating to get a piece of that market…and even less mechanized farms will now be competitive with the 25% tariff that China is imposing. Real smart, huh? You can bet that the carnage that is to come never entered in the idiot’s thought process…if he has a thought process….he doesn’t give a damn about anyone but himself and thinks that the trade war will make him look tough…he really doesn’t understand that the people he is going up against are smarter than a third grader, which trump isn’t, and they understand economics and world trade, which trump doesn’t….I feel for the farmers but not too much, after all, they are the ones that voted for the idiot boy…and now they will understand that elections have consequences…impeach….
Serves them right…
Well…I am just smirking a little about the trade war that the idiot trump started with China and the effect that it is going to have…a new study out yesterday by the Brookings Institute takes a look at those industries that the Chinese tariffs are going to affect, and guess what? Every damn one of them smacks trump voting areas hard…one hog farmer in Iowa ( a trump voter) is now “re-thinking” his vote since the tariffs are going to cost him over 30,000 dollars in lost profits and there are now 3,700 jobs at risk in his county alone. Now, I knew that trump voters were pretty damn dumb but I think this trade war serves them right…vote for a racist, stupid, reality show idiot just because you’re a racist, too, and this is what you get….loss of profit, loss of jobs, and the loss of the US’s standing in the world….how’s that MAGA working out for you now, idiots? Impeach…
trump trashes your 401K
Well…just sitting here waiting for cocktail time and thought I’d do a shorty on idiot boy’s trade war that he started yesterday….after the 730 point drop yesterday and the 450 point drop today, it puts the stock market in negative territory for the year and that makes it the worst two weeks in the past ten years…and the question I have for all of the morons who voted for this idiot is: “how’s that working for your 401K? Had enough winning yet?” The carnage appears like it is going to continue Monday, too, with futures down another 2% which will mean another 7-800 point drop and means a close to 10% drop in the money you were counting on to retire in just the past week….such a great businessman, so much winning…I hope all of you morons go broke….will serve your ignorant asses right….impeach….
Trade stupidity…
Well….as you probably already know, the idiot trump has proposed, in a fit of absolute ignorant stupidity, to put tariffs on all of the steel and aluminum that is imported into this country. As you can already guess, countries across the world have said they will match the tariffs on any exported American finished goods, raw materials, and food…setting the lie to the idiot trump’s assertion that “trade wars are easy to win”. In the fact based community who have studied the effects of tariffs on trade for decades, the fact is that these tariffs that trump says will “save” American jobs are projected to cost the US 146,000 jobs in the first two years and will crush the farm belt that stupidly voted for trump by curtailing exports of food that these farmers depend on to stay in business. In trying to hurt China with tariffs on the steel they export to the US, idiot boy forgot to think of the fact that 60% of the soybeans produced in this country are exported to China…and China is already looking for other sources than the US since, with the idiot in the WH, they can’t depend on us as a trading partner anymore…just as Mexico did when they stopped buying American corn and made trade deals with Argentina and other South American countries when trump started to try to dismantle NAFTA and attacked Mexico relentlessly for a reason that only exists in trump’s fevered brain. What do you think about your hero now, farmers? Voting for a game show host gets you game show governance and you wanted this by a large margin…maybe you won’t be so stupid next time…nope, stupidity runs deep in trump country….geez….