Last night was Donald Trump's State of the Union address to Congress.
I did not watch it.
I will not comment on it today.
I'll just assume he lied about a bunch of shit.
Onward to today's post which is about...fuck! Tariffs?
Damn it!
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Donald Trump launched a trade war Tuesday just because he could against America’s three biggest trading partners, two of which are supposed to be friends and allies.
Financial markets were thrown into a tizzy of a snit because they recognize such actions are stupid and destructive and don't do shit.
Except make inflation worst and make life harder for American bsuiness.
Meanwhile, Li'l Donnie was just giddy with girlish glee ("WHEEEEEEEE!!!!") as he imposed 25% taxes, or tariffs, on Mexican and Canadian imports and doubled the tariff he slapped last month on Chinese products to 20%.
The thing is these other countries don't have to take this shit from us.
And they didn't.
China shot back with tariffs of up to 15% on a wide array of U.S. farm exports.
Mexican President Claudia Sheinbaum said Mexico will respond with its own retaliatory tariffs.
Canadian Prime Minister Justin Trudeau said his country would respond with tariffs of their own for more than $100 billion of American goods.
Trudeau expressed his frustration with Trump's actions: “Today the United States launched a trade war against Canada, their closest partner and ally, their closest friend. At the same, they are talking about working positively with Russia, appeasing Vladimir Putin, a lying, murderous dictator." He ended with an appeal to help "make that make sense."
Trudeau stopped short of calling Donald Trump a goddam motherfucker because Justin's a nice guy.
Well, I'm not.
Donald Trump is a goddam motherfucker!
Hold on. I'm sorry. I didn't mean to say that.
Let me try again.
Donald Trump is a goddam motherfucking dumbass!
Do tariffs work?
Let's indulge in a history lesson with Ben Stein from Ferris Bueller's Day Off.
No, tariffs do not work.
So why do them?
Trump claims tariffs are intended to address drug trafficking and illegal immigration.
But he also thinks tariffs are some magic panacea that will make the American economy better and stronger.
Li'l Donnie said on Monday, "Import taxes are a very powerful weapon that politicians haven’t used because they were either dishonest, stupid or paid off in some other form. And now we’re using them.”
Donald Trump does not know how tariffs work.
I covered this ground during Li'l Donnie's first go 'round in the White House.
- Thursday, March 8, 2018, The Economics Of Stupidity
- Thursday, March 15, 2018, Oh No! Not a Post About Tariffs...AGAIN?!?!
- Wednesday, May 15, 2019, How Tariffs Work (No, Not Really)
That last one is a work of satire. Satire is comedy that if it's not funny, it's your fault, not mine.
When I did a search for all posts relating to tariffs, I find I've written a shit ton of these and they all make the same point:
Donald Trump is a goddam motherfucker who does not know what he is doing.
Whoops! I'm sorry. I did it again.
I meant to say Donald Trump is a goddam motherfucking dumbass!
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