Economy

EAT THE TARIFFS? Trump Admits that His Tariffs Will Raise Prices, But Blames it on Walmart

Posted by on May 17, 2025 at 2:00 pm. 0 Comments :

On April 2, Donald Trump declared that it was “Liberation Day” as he imposed a broad set of devastating tariffs on virtually every country around the world. Ever since then he has staggered like a drunken toddler between clawing back his ill-considered economic scheme and doubling down when it suited some indiscernible purpose that resided only in his twisted imagination.

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Donald Trump, Stock Market

The stock market responded with a certainty that it rarely exhibits by proceeding to crash more than it had in five years. It has since regained some of that decline due to Trump’s wavering and caving on alleged deals with the UK and China that don’t really resolve the problem, but generate some positive press. Although even his Ministry of Propaganda, Fox News, has not been sold on his tariffs/taxes…

SEE THIS: UH-OH: Fox News Trump-Fluffer Admits that Trump’s Tariffs Will Fuel Higher Prices and Recession

For the most part, Trump has been insisting that everything he does is golden and that he is incapable of making a mistake. But that seems to have hit a speed bump on Saturday morning when he posted a comment on his failing Twitter ripoff, Truth Social, wherein he actually admitted – although likely inadvertently – that he is indeed responsible for the rising prices that the American people are all too familiar with, and the likelihood that the worst is yet to come. He wrote that…

“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain. Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, ‘EAT THE TARIFFS,’ and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!”

Trump’s threat aimed at Walmart to “EAT THE TARIFFS” is an outright admission that the tariffs he is imposing would be paid by American businesses and the consumers who patronize them. That’s a complete contradiction of his prior claims that the foreign governments would pay the tariffs. And his accusation that Walmart is “trying to blame Tariffs as the reason for raising prices” is actually Trump trying to blame Walmart.

Trump is clinging to a kernel of truth when it notes that Walmart makes billions of dollars. However, he is ignoring that they make that money on narrow profit margins that will be erased if tariffs are implemented. He’s also ignoring the fact that consumers are already holding back on spending due to the economic strife that Trump has caused, and that will only continue to decline going forward.

Trump’s solution is to coerce Walmart to set prices lower at his demand. How is that different from the communist price-fixing of totalitarian regimes where the state decides what companies can charge for their products? Apparently Trump is abandoning capitalism in favor of the economic model employed by his hero, Vladimir Putin. And the CFO of Walmart recently acknowledged as much in an interview on CNBC…

Trump cranked up tariffs against China to 145%. Then, to "fix" the problem he created, he walks it back to 30%.But according to Walmart's CFO, even that is too high. A $300 microwave oven would cost $390.

— News Corpse (@newscorpse.bsky.social) 2025-05-15T16:01:41.532Z

Trump sees – or has had it explained to him – that his policies will cause serious harm and likely a recession or worse. So he wants to force Walmart to rescue him from his own economic incompetence. That’s not gonna happen. But even if Walmart were to nibble on some of Trump’s tariffs, rather than eat them whole, it wouldn’t solve the problem. Walmart isn’t the only retailer in America that would suffer the consequences of his tariffs. Target, Best Buy, Home Depot, Costco, and others would also have to comply. And then there are the thousands of small stores that don’t have the pricing power of the big box stores, and would probably have to shut down.

Trump’s attempt to bully Walmart is a desperation move on his part. It can’t possibly work. It will only create more problems for retailers of all sizes across the country. And those are problems that will result in bankruptcies, job losses, and forced austerity for the American people, who are already complaining that that is not what they voted for. And it’s why Trump’s approval rating is at a record low.

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Trump Watches MSNBC? Yep! And It’s Driving Him Crazy. So He Threatens to Tax and Penalize Them

Posted by on May 9, 2025 at 1:17 pm. 0 Comments :

Donald Trump’s television diet is ordinarily filled with the junk food and empty calories of Fox News, or OAN, or other devoted purveyors of MAGA propaganda. He feels secure in the bunker he has built that is populated by friendly pundits whose perpetual outpouring of praise feeds his massive, yet fragile ego.

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Donald Trump

Trump’s fear of honest reporting keeps him in a state of constant anxiety and debilitating dread. However, on occasion he manages to stiffen his noodly spine sufficiently to hate-watch news programs that are something less than worshipful. In the meantime he barricades himself behind a wall of disciples who are ordered to sing his divine praises…

SEE THIS: Trump Gathers His Cabinet Members to Conduct Another Festival of Feckless Trump-Fluffing

On Friday morning Trump took to his failing Twitter ripoff, Truth Social, to express his outrage at a segment he had watched on MSNBC’s Morning Joe. The segment featured an interview of Stephanie Ruhle, a financial expert and host of an MSNBC primetime show. Ruhle’s analysis of Trump’s recessionary tariffs triggered another one of Trump’s tormented tantrums. He wrote that…

“I just watched an exhausted, highly neurotic Stephanie Ruhle spew LIES about Tariffs, as do many others, in order not to give me the Victory that they all see coming.”

As usual, Trump is delusional. Ruhle’s reporting (video below), unlike Trump’s rant, was calm, reasonable, and rooted in facts. It was in line with what most reputable economists have concluded about Trump’s disastrous tax attacks on America’s international trading partners.

Trump went on to call his alleged “deal” with the UK “AMAZING,” and claimed, contrary to reality, that “We’re going to make a fortune with Tariffs [but that] only smart people understand that.” He still hasn’t explained how there will be any revenue from tariffs after he’s made all the deals he has promised in order to remove them.

Continuing in his infamously infantile fashion, Trump insulted Ruhle as “Never known as a ‘High IQ” person.'” And in closing he accused MSNBC of engaging in a “Major Campaign Violation,” and raged that…

“MSDNC has become the Voice of the Democrat Party, and they should be treated as a Political Advocate with all of the Taxes and Penalties therefrom. Their Ratings are terrible, but Brian Roberts and his crew should be forced to TELL THE TRUTH.”

Trump’s tunnel-blindness in asserting that MSNBC is “the Voice of the Democrat Party,” while ignoring how Fox News is literally aligned with his administration, is the purest form of hypocrisy. MSNBC has numerous Republicans on their roster, including Joe Scarborough, whose show he was actually watching as he unleashed this screed. Trump, meanwhile has recruited at least 21 Fox News hacks to serve in his White House.

MORE HERE: Trump’s Nominees Are Largely Fox News Alum, Mar-a-Lago Patrons, and Billionaires

What’s more, Trump is again demanding that the free press protections in the Constitution be discarded so that he can impose “Taxes and Penalties” on the network, and “force” it to tell whatever bullpucky he regards as the truth.

For the record, the segment that is apparently the cause of Trump’s concern included the following discourse by Ruhle who warned that Trump “needs to get off this crazy tariff train, and he knows it.” [Because] unless he turns this around…we’re going to have a COVID-like supply chain crisis.”

“Donald Trump is backed into a corner. His grand plan of tariffs, tariffs, tariffs, aren’t working. You’re seeing, day in and day out, more business leaders – whether it’s Warren Buffett or Jamie Dimon or Ken Griffin – on big global stages saying ‘This is going to crush us economically.’ And then you’ve got congressmen, senators, saying to this White House ‘our small businesses are strangling, are dying here.'”

"Unless he turns this around, three weeks from now, you walk into a store and we're going to have a covid-like supply chain crisis, and Trump is looking for an exit" — here's the @stephruhle.bsky.social commentary that triggered a Trump Truth Social meltdown

— Aaron Rupar (@atrupar.com) 2025-05-09T16:31:48.237Z

Everything that Ruhle said was true and verifiable. Conversely, everything that Trump said was fantasy and preposterous. Not to mention un-American and inspired by the authoritarian practices of Trump’s heroes, Vladimir Putin, Xi Jinping, and Kim Jong Un. But then, what do you expect from a wannabe dictator who doom-scrolls cable TV networks that he despises?

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Trump’s Brain is MUSH! He Struggles to Hype His Weak UK Deal as His Minions Go Full Cult Mode

Posted by on May 8, 2025 at 11:21 am. 1 Comments :

When Donald Trump announced his bizarrely named “Liberation Day” plan to impose his Trump taxes – aka tariffs – on the world, he promised that it would produce billions of dollars in revenue as the deals he would make would be signed at an impossibly accelerated rate, at one point saying that there would be “90 deals in 90 days.”

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Donald Trump

Needless to say, that was just more of the hollow hyperbole that Trump disgorges in place of actual substance or facts. Forty-six days later, Trump has announced only one deal, so he’s 45 deals short. Nevertheless, he has spent the last few days boasting about his failure to fulfill his trade deal promises. Only Trump can brag about failing.

SEE THIS: Trump Brags that He Failed to Sign a Single Trade Deal Since His ‘Liberation Day’ Tariffs Began

On Thursday morning Trump finally announced a trade deal. It was with the United Kingdom. And in Trump’s mind it was a monumentally historic achievement. He called it a “full and comprehensive,” deal, but also contradicted himself, saying that the details will be “written up in the coming weeks.” When asked about specifics such as beef and movies, he said they would be negotiated separately.

Trump also claimed that “America will raise $6 BILLION DOLLARS in External Revenue from 10% Tariffs.” What he isn’t saying is that that money will be “raised” by Americans paying more for the tariffed products that Trump’s policy has created. What’s more, he isn’t being honest about the benefits of the UK deal. As economics professor Justin Wolfers notes…

Trump's "big" trade deal is with the UK:- It's a framework not a deal- They're our 11th largest trading partner- They're only 3% of US trade (97% to go)- They *already* charge average tariffs of only 1% (limited upside)It's a photo op, not a macroeconomically significant moment.

— Justin Wolfers (@justinwolfers.bsky.social) 2025-05-08T11:35:11.717Z

Despite these facts, Trump’s cult devotees are drooling over him as if he were the second coming of their lord. Leading the pack of Trump apostles is his Commerce Secretary, Howard Lutnick, who is infamous for his callous insensitivity toward America’s moms and other Social Security recipients. During Trump’s announcement of the UK deal, Lutnick gushed that…

“I want to make this clear. This was the president’s deal. People think, ‘Oh, that’s not the way it works.’ I have the best dealmaker to my left. If you don’t think that we take advantage of him calling the Prime Minister and getting that deal done, you don’t understand who’s the president of the United States. So he’s the closer. He gets deals done that we could never get done because he understands business, he understands deals, and that’s why we’re here today.”

Lutnick: "I want to make this clear. This was the president's deal. People think, 'Oh, that's not the way it works.' I have the best dealmaker to my left. If you don't think that we take advantage of him calling the PM & getting that deal done, you don't understand who's president. He's the closer."

— Aaron Rupar (@atrupar.com) 2025-05-08T15:07:19.152Z

REALLY? Trump’s understanding of business and deals is limited to his experience of having declared six bankruptcies, and his having been found guilty of 34 felonies related to his financial malfeasance. As for being the “best dealmaker,” he still hasn’t resolved the Israeli/Gaza war or the Russian/Ukrainian war that he said he would end within 24 hours if he was elected.

Another example of Trump’s business acumen came during the UK deal announcement when he said that toy maker Mattel – who said that they will have to raise prices due to Trump’s tariffs – is “the only country I’ve heard that said, ‘we’re gonna try going someplace else.’ Let ’em go and we’ll put a 100% tariff on their Barbies.” That’s right, he said that Mattel is a country. And for his apologists who would dismiss it as a trivial verbal gaffe, he also said he would slap a tariff on them. Which is not something you do to companies, but only to countries.

Trump is utterly INSANE!He calls Mattel a country, and threatens to impose a 100% tariff on it, which would be illegal (you can't tariff a single company).

— News Corpse (@newscorpse.bsky.social) 2025-05-08T16:32:18.804Z

This is the level of competence that Trump has brought to the presidency. And it is evident in everything from trade, to economics, to immigration, to foreign policy, to the climate crisis, and more. He has an incomparable way of misunderstanding everything, and then lying about what he failed to grasp. And his embarrassing performance at this trade deal press conference is just the latest affirmation of his flaming incompetence.

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Trump Brags that He Failed to Sign a Single Trade Deal Since His ‘Liberation Day’ Tariffs Began

Posted by on May 6, 2025 at 1:24 pm. 1 Comments :

The execrable egomania of Donald Trump is on constant full blast. He is congenitally incapable of acknowledging any weakness or failure on his part. In his malignant mind he is infallible and the model of human superiority on a scale that approaches divinity.

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Donald Trump

Consequently, Trump believes that everything he ever does or says is drenched in the purity of perfection. He never makes a mistake, or a bad decision, or misspeaks, or causes any harm, expect when purposely directed at his enemies who deserve it. He has even declared that, unlike everyone else in his faith, he is exempt from asking his god for forgiveness because he never does anything to be forgiven for. No, really!

SEE THIS: Trump Says ‘I Am the Chosen One’ After Tweeting that He’s ‘The Second Coming of God’

On Tuesday Trump met with the new Canadian Prime Minister, Mark Carney. During this meeting Trump disgorged his typical torrent of tantrums, litany of lies, and pitifully ignorant perceptions of the world. For instance, he repeated his preposterous desire to annex Canada as America’s 51st state, which Carney forcefully rejected. And he veered off into his ludicrous claim that he saved California from wildfires. He even gave himself credit for Carney’s election, evidently oblivious to that fact that Canadians, in part, voted for Carney out of disgust for his Trumpy opponent.

Among Trump’s self-serving ramblings (that went on for an interminable 40 minutes), were his outlandish observations on trade and his recessionary tariffs. And naturally, his narcissistic analysis was that they were brilliant and beneficial, despite the harshness of reality. Virtually every reputable economist is predicting increased prices, higher inflation, and impending recession.

Nevertheless, Trump remains delusionally confident, even though he has failed to secure any of the trade deals that he insisted would be made by countries desperate to ingratiate themselves to Trump and/or America. He literally bragged about his utter failure to get any deals signed, saying that “We don’t have to sign deals … they have to sign deals with us.”

TRUMP: We don't have to sign deals … they have to sign deals with us.SHEESH! Trade deals are signed by BOTH parties, not one. And all Trump is doing is pointing out that he has been unable to negotiate a single deal with any of 190+ countries that he's put his idiotic #TrumpTariffs (Taxes) on.

— News Corpse (@newscorpse.bsky.social) 2025-05-06T18:47:16.266Z

Apparently Trump is unaware that trade deals are agreed to and signed by both parties to the deal. But after a month since he declared that it was “Liberation Day,” no other country has expressed any interest in complying with Trump’s bullying tactics. Including Canada, whose Prime Minister was sitting next to him as he made these asinine remarks.

However, Trump was only just getting started. He went on to boast that he has virtually halted all trade with China, and that that was good because “By not trading, we’re losing nothing. So we’re saving a trillion dollars. That’s a lot.”

TRANSLATING TRUMP: We're not buying groceries or clothes. So we're saving a lot of money.You're also starving and naked, you moron.

— News Corpse (@newscorpse.bsky.social) 2025-05-06T17:06:23.451Z

Seriously? Trump believes that by cutting off all trade between the U.S. and China that the money that wasn’t spent was therefore saved. Well, maybe so. But we are also deprived of the goods that weren’t purchased. Which could include necessities like food and medicine and energy and building supplies. Just think how much money you could save by not buying your heart medications.

That’s the depth with which Trump understands trade and economics. And the ignorance that he embraces is going to cause some significant misfortune for millions of Americans. In the meantime, he is humiliating himself and America in the eyes of the world. Hopefully they know that he doesn’t represent the majority of us, and that we’re doing everything we can to mitigate his harm and to get rid of him.

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Trump is OUTRAGED at Fox News for Revealing How Unpopular He Is, So He Attacks Rupert Murdoch

Posted by on April 24, 2025 at 10:51 am. 1 Comments :

The American people are increasingly dissatisfied with Donald Trump as he approaches the 100th day of his second occupation of the White House. And that is not the just the opinion of some random “radical left lunatic,” as Trump likes to call all of his critics. It’s the results of a new poll by Fox News.

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Donald Trump, Snowflakes

After several weeks of epically abhorrent fiascos, Trump’s approval rating has descended to new lows. His attacks on lawyers, universities, and of course, the media, only serve to expose his desperation. He is now getting failing grades on virtually every issue that he campaigned on. Although, it’s not as if he hasn’t been scraping the bottom of that barrel for some time.

SEE THIS: Trump 2.0 Begins with Approval Ratings that Rank Below Every Other President Dating Back to 1953

A new Fox News poll confirms the crash of the Corruptor-in-Chief. Overall, Trump’s job approval clocks in at 44%.” His disapproval is at 55%. These numbers are notably worse than Presidents Biden, Obama, Bush, and even himself in his first term. The Fox News reporting on its poll led off on a positive note, but then quickly slid off a cliff…

“President Trump receives his best marks on border security, as a 55% majority approves. That’s the only issue where his ratings are in positive territory. On immigration, a record high of 47% approve of Trump (48% disapprove), while a new low of 38% approve on the economy (56% disapprove). His worst ratings are on inflation (33% approve, 59% disapprove), followed by tariffs (33-58%), foreign policy (40-54%), taxes (38-53%), and guns (41-44%).”

To no one’s surprise, this survey triggered a predictable tantrum from Trump on his failing Twitter ripoff, Truth Social. He lashed out petulantly at his longtime media benefactor, Rupert Murdoch, saying that…

“Rupert Murdoch has told me for years that he is going to get rid of his FoxNews, Trump Hating, Fake Pollster, but he has never done so. This ‘pollster’ has gotten me, and MAGA, wrong for years. Also, and while he’s at it, he should start making changes at the China Loving Wall Street Journal. It sucks!!!”

So Trump is not only blasting Fox News as a disseminator of “fake news,” he’s accusing Murdoch of lying to him “for years” about ditching the pollster that has actually been surprisingly accurate. And he threw in a shot at Murdoch’s Wall Street Journal for kicks. Probably because the Journal’s Editorial Board recently wrote that Trump was waging “The Dumbest Trade War in History.”

Making matters worse, was what Steve Doocy said on Fox and Friends. He began by saying that Trump is “softening his stance on China.” While he characterized that weakness as positive, he elaborated by giving the Fox News viewers some information that was likely to cause them some emotional distress…

“Tariffs are unpopular with the American public. 72% say that the tariffs are making things more expensive. 55% say that they are hurting the economy. And 44% say they are hurting jobs. And when it comes to one other number, when you look at the S&P 500, it has gotten off to the worst start of any presidency going back to 1928, which is when they started keeping records.”

But not to worry, co-host Ainsley Earhardt (Sean Hannity’s girlfriend), chimed in to salve the wounds caused by Doocy’s brief detour into reality, saying that…

“The administration is saying that these projections are fluid, there are several options on the table. The president yesterday, he was out on the White House lawn, he was out there to find a good location to erect this new huge American flag.”

See? Everything is gonna be okay. The cost of living is rising to new heights. Everything from groceries, to gas, to rent, to appliances, to cars, and more, will be more expensive, for no reason other than Trump’s ego and ignorance. But at least we’ll have a giant, useless flag decorating the White House (which already has one on its roof) to wave at and salute on the way to the poorhouse. Good times! And so much winning.

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Trump’s Truth Social is Creating ‘Non-Woke’ Investment Portfolios for MAGA Cult Investors/Dupes

Posted by on April 17, 2025 at 12:46 pm. 1 Comments :

It just never stops. Donald Trump, the Grifter-in-Chief, has spent his life peddling scams to anyone who was gullible enough to fall for them. He may have begun with gaudy, overvalued condos, elitist golf club memberships, and now bankrupt casinos, but he quickly expanded into cheesy merchandise like digital trading cards and swatches from the suit that he wore for his mug shot photo.

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Donald Trump, Stock Market

Even after Trump’s occupation of the White House, he didn’t slow down his sleazy swindle ops that included pitching products so ludicrous that professional comedians couldn’t keep up with their comparatively mild swings at satire. Trump had the market cornered on comically corrupt commodities. And speaking of commodities, Trump has been dealing in those as well…

SEE THIS: THE TRUMP INDEX: While Trump Tanks the US Economy, What’s Going on With the Trump Cult Economy?

Now the Trump Media and Technology Group (TMTG), the parent company of his failing Twitter ripoff, Truth Social, is officially entering the financial services business. In an announcement on Thursday, TMTG revealed that…

“Trump Media and Technology Group (TMTG) has partnered with two other companies to create investment portfolios that they say will support ‘non-woke’ companies. […] In a press release, TMTG said the SMA strategies it was unveiling were called ‘faith & values,’ ‘liberty & security,’ ‘energy independence’ and ‘made in America.’ It did not expand on which particular companies it would be investing in.”

This should thrill the MAGA cult disciples who have been wondering how they could lose even more money by investing in certified losers that are endorsed by Trump. The focus of the Trump investment portfolios rests on buzzwords plucked from his political rhetoric. And what could possibly have more income potential than “non-woke” enterprises that pursue the anti-democratic goals of the MAGA movement? Just look at Trump’s crypto coin that has lost 90% of its value since its launch two months ago. Or Trump’s TMTG that has lost 88% from its high mark.

MORE HERE: Grifter Trump is Hawking His Stock and Crypto that Have Lost Gullible Rubes Billions of Dollars

While TMTG hasn’t revealed what companies it intends to invest in, it isn’t hard to speculate. It is likely that Tesla will be among them. Also, the Trump-fluffing Newsmax cable network. Notably, the stocks of both of those businesses have cratered since Trump was inaugurated in January.

And not coincidentally, so has the stock market overall, primarily due to Trump’s recessionary economic plans featuring his inflationary tariffs. All the more reason that investors should be careful to avoid Trump’s “pump and dump” tactics that look suspiciously like illegal stock manipulation and insider trading. This may account in part for the extraordinarily large amount of short positions (betting the stock will decline) in TMTG.

UPDATE: Judd Legum of Popular Info has detailed how this venture by TMTG is structured to funnel funds to Trump. He writes that…

“Trump will profit from these accounts in two ways. First, TMTG will invest a portion of its cash reserves in accounts. Secondly, as the majority shareholder in TMTG, Trump will benefit from the fees generated by these accounts. […] But Trump, as President, will also be able to significantly influence the performance of these assets through tariffs and other policies.”

So before anyone actually invests in anything that is promoted by Trump, you may want to take a look at how disastrous his business enterprises have been lately, and how they are really only intended to enrich himself…

Truth Social, Trump’s Pathetic Personal Propaganda Platform, Continues to Bleed Cash
In what may be the least surprising news of the year so far, Donald Trump’s flagship social media enterprise, Trump Media and Technology Group (TMTG) – the parent holding company of his failing Twitter ripoff, Truth Social – released its annual report on Friday that revealed just how big a failure it is.

Trump’s Truth Social is Shedding Users Like a Miserable Childless Woman’s Mangy Cat
The Donald Trump-controlled Truth Social platform recorded its third straight month of declining traffic. Truth Social attracted 2,112,000 unique visitors, down 38% compared to June 2023 when the site generated 3,407,000 unique visitors. It was the platform’s second worst traffic performance since June 2022 when Truth Social had only 1,891,000 unique visitors.

Trump Crime Syndicate: Investors Arrested for Insider Trading in Failing Truth Social Scam
Trump’s associates in his truthless, anti-social media venture were arrested and charged with insider trading. Reports indicate that “the three individuals together made more than $22 million in illegal profits.”

Truth Social Disease: Ads on Trump’s Twitter Ripoff are Mostly Scams and Trump-Fluffing Merch
Advertisers are afraid of their ads being juxtaposed with hate speech and other noxious content. Consequently, the only advertisers who are willing to shell out are sketchy scammers, conspiracy theorists, and junk peddlers.

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THE TRUMP INDEX: While Trump Tanks the US Economy, What’s Going on With the Trump Cult Economy?

Posted by on April 13, 2025 at 1:45 pm. 1 Comments :

On what Donald Trump called “Liberation Day” (April 2, 2025) – the day that he liberated most Americans from the funds in their savings and retirement accounts – he promised to revitalize the U.S. economy and bring millions of jobs back from foreign countries that he said were ripping off America by selling way too much of what they produce to American buyers eager for bargains.

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Trump Baby on Cash Pile

Yes, that complaint makes no sense whatsoever to anyone with a 6th grade grasp of economics. Which eliminates Trump. But it is what Trump and his MAGA minions are insisting is the brilliant plan that is elevating the United States to new heights of wealth and is working precisely as it was intended, despite his having reversed course several times and capitulated meekly to foreign adversaries.

SEE THIS: Trump Cult Priestess, Karoline Leavitt, Preaches to ‘Trust in Trump’ to Bring Economic Salvation

In the two weeks that have transpired since being “liberated,” the stock market has gyrated wildly and ended up about 2,000 points lower than where it was before Trump’s tariff blunders, and 4,000 points below where it was when he inherited it from President Biden.

So while the nation – and the world – is suffering the dreadful consequences of Trump’s purposeful incompetence, it seems like a good time to see how all of this has affected what could be called the “Trump Index” a bundle of investments affiliated with the confounder-in chief.

Trump Media and Technology Group (DJT):
The natural place to begin is with Trump’s own business that is the parent of his failing Twitter ripoff, Truth Social. Investors in this dog have lost about 50% from its price on Trump’s inauguration day twelve weeks ago. And it’s down a whopping 89% from its all time high.

Trump Meme Coin:
This is Trump’s entry into cryptocurrency that he launched on the day before his inauguration. And its performance since then has been a dismal decline of about 90%.

Newsmax (NMAX):
This notoriously pro-Trump MAGA media outlet went public about two weeks ago. Since then it has dropped 91% from its trading highs, making early investors significantly poorer, while simultaneously making them significantly more ignorant.

Rumble (RUM):
This is the MAGA world answer to YouTube. They record and post virtually every public appearance by Trump with unabashedly biased commentary from their Trump-fluffing correspondents. It has declined 43% since Trump’s inauguration.

Tesla (TSLA):
The automaker headed up by Trump’s billionaire oligarch, co-president, and director of the phony Department of Government Efficiency (DOGE), Elon Musk, has suffered a sever decline of 41% since Trump was sworn into office in January.

But not to worry. Trump and his cabal of billionaires will be just fine. They may have lost a small portion of their wealth, but only their loyal cult followers will feel the brunt of these abysmal investments. The the real targets of their economic assault – the American people – will be the most seriously wounded victims of this class war. And of course, it is, as Trump and his cohorts insist, all going according to their plan. Comforting, isn’t it?

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Trump Destroys His Own Claim that Russia Wouldn’t Have Invaded Ukraine if He Were President

Posted by on April 11, 2025 at 12:49 pm. NO Comments :

In the seven short weeks that Donald Trump has resumed his occupation of the White House (yeah, it does seem like seven years), there have innumerable atrocities and abhorrent assaults on the American people and the Constitution.

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Donald Trump, Vladimir Putin

From day one Trump embarked on a malevolent mission to undermine democracy, persecute his political foes, and reshape the republic into an autocratic oligarchy that elevates the wealthy at the expense of average citizens. And at the top of Trump’s list of priorities was to enshrine himself as the Messiah of America who all must worship and obey.

SEE THIS: Trump Cult Priestess, Karoline Leavitt, Preaches to ‘Trust in Trump’ to Bring Economic Salvation

The daily disgorging of chaos emanating from the Trump White House often has the effect of burying one calamity or another as Trump introduces something new to deflect from whatever horror has deluged the news cycle for the moment. And in recent days that is particularly true about the war in Ukraine that seems to have disappeared from the media spotlight lately.

Well, now that Trump and his tariffs have caused an economic meltdown that is likely to result in a recession, he is dredging up the Ukraine war, but only to exploit it in an effort to take the heat off of his latest presidential blunder. Trump posted a comment on his failing Twitter ripoff, Truth Social, that declared that…

“Russia has to get moving. Too many people ere DYING, thousands a week, in a terrible and senseless war – A war that should have never happened, and wouldn’t have happened, if I were President!!!”

This might be a good time to remind everyone that, during the 2024 campaign, Trump swore that if he were elected he would forge a peace agreement between Russia and Ukraine in 24 hours with a single phone call before he was even inaugurated. He’s been in office now for two and half months and has achieved less than nothing as Russia has actually escalated their bombing of civilians in Ukraine.

Trump has meekly complained about this previously a couple of times, begging Russia to come to the table. Zelenskyy has already promised to do so. But Trump’s buddy and idol, Vladimir Putin is ignoring him and probably laughing at him. Which makes Trump’s frequent claim that this war would never have started in the first place if he had been president at the time seem pitifully impotent.

Trump’s claim that his presence alone would have prevented Russia from invading Ukraine implies that Putin would be either too afraid of Trump to take such aggressive action, or that Putin so admired Trump that his influence would be irresistible. But it’s clear now that neither of those scenarios have an iota of truth to them. If Putin won’t listen to Trump now when he’s telling him to seek a peaceful resolution, it’s safe to assume that he wouldn’t have listened when he was first plotting to invade.

Therefore, Trump is what professional political analysts call “full of shit!” And consequently, so is his press secretary, Karoline Leavitt, who told reporters on Friday that…

“The president has been quite clear that he has been continually frustrated with both sides of this conflict and he wants to see this fighting end. He wants the war to end. We believe we have leverage in negotiating a deal, a peace deal. And we’re going to use that leverage. And the president is determined to see this through.”

Leavitt on Russia's war on Ukraine: "The president has been quite clear that he has been continually frustrated with both sides of this conflict."

— Aaron Rupar (@atrupar.com) 2025-04-11T17:26:11.331Z

See? Trump wants the war to end. Zelenskyy wants the war to end. Only Putin, who could end the war unilaterally in seconds, is stubbornly insisting that the war continue. And this is further evidence that, despite Leavitt’s remarks, Trump has no leverage whatsoever.

But then, Leavitt’s perspective of the world is light years away from reality. When addressing Trump’s visit to Walter Reed Medical Center for his annual physical, Leavitt responded to a preposterous question (by a “reporter” with pillow guy Mike Lindell’s network) that began by stating that “Trump looks healthier than ever before,” with an equally preposterous answer…

Trump "looks healthier than ever before"??? He looks like orange painted roadkill.Now that the Trump regime has packed the White House press pool with MAGA sycophants, and banished credible journalists, this is the kind of moronic, worshipful questions we can expect from now on.

— News Corpse (@newscorpse.bsky.social) 2025-04-11T18:05:42.404Z

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Trump Cult Priestess, Karoline Leavitt, Preaches to ‘Trust in Trump’ to Bring Economic Salvation

Posted by on April 10, 2025 at 3:14 pm. 1 Comments :

The tendency for the MAGA faithful to sink into despair would be completely understandable after the past couple of weeks of economic decline and the continuing dismantling of the U.S. government. That RUD (“rapid unscheduled disassembly”) has been overseen by an ephemeral agency preposterously dubbed the “Department of Government Efficiency,” and led by an unelected billionaire pal of Donald Trump.

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Donald Trump and Press Secretary Karoline Leavitt

Trump’s “governing by chaos” method of mismanagement is producing precisely the sort of results that virtually every credible economist predicted way in advance. Both the stock market and the bond market took severe hits, depleting $6 trillion in assets, decimating the savings of millions of Americans, while setting up the uppercrusters to further enrich themselves.

SEE THIS: Did Trump Commit Illegal Stock Manipulation and Insider Trading Prior to His Tariff Cave-In?

in response to this fiscal fiasco, the Trump administration gathered their most reliable apostles and dispatched them to the MAGA media to spread their gospel. Leading the pack was Trump’s press secretary, Karoline Leavitt, who has made more appearances on Fox News than in the White House press room. On Thursday Leavitt sat for a friendly conversation with Fox’s Martha MacCallum. And she read solemnly from the Trump hymnal saying that…

“There’s great reason to be optimistic about America’s economy. Trust in President Trump. Look at what he did in his first term. Companies would be best served doing business right here in the United States.”

Leavitt: "Trust in President Trump. Look at what he did in his first term. Companies would be best served doing business right here in the United States."

— Aaron Rupar (@atrupar.com) 2025-04-10T19:42:31.602Z

And there you have it. All you need in order to be bathed in the glow of illusory optimism is to place your trust in Dear Leader, who is divine and infallible. And the evidence of his divinity is observed in his miracles of the past.

Just in case you’ve forgotten, During Trump’s first term he presided over the deaths of more than a million Americans due to the COVID pandemic that he grossly mismanaged. The economy was in tatters, and far worse off than every other industrialized nation. More businesses were shuttered than at any time in generations. And Trump was the first president in decades to leave office with fewer Americans employed than when he began.

What’s more, Trump tried to extort the President of Ukraine, Volodymyr Zelenskyy, to pressure him to dig up dirt on Joe Biden prior to the 2020 election that Trump still says (aka lies) was “rigged and stolen” from him. And Trump incited a violent and deadly riot by insurrectionists who stormed the U.S. Capitol in an attempt to undermine democracy and prevent the certification of Biden’s election. Both of those incidents resulted in his unprecedented two impeachments.

That’s the resume upon which Leavitt is asking you all to rely for confidence going forward in Trump’s second occupation of the White House. And her simplistic suggestion that every company would be better off doing business in the U.S. ignores all of the rational arguments for taking advantage of the many benefits of diversifying production internationally, including labor, real estate, transport, and natural resources.

Leavitt’s plea to the nation to “trust in Trump” is more of the sort of adoration that sets the Trump cult apart from other political movements. This subservient demand for blind devotion is a hallmark of the Trump cabal. It was further affirmed during another one of his adulatory Cabinet meetings where all of his Pharisees are required to demonstrate their veneration of the Master. And venerate they did. For instance…

  • Attorney Genuflect Pam Bondi lied that Trump was “overwhelmingly elected by the biggest majority.” [Trump’s margin was one of the lowest ever]
  • Treasury Sycophantry Scott Bessent celebrated the stock market being “Up two [days], down one is not a bad ratio.” [The stock market has been down five of the last six days]
  • Agriculture Secretary Brooke Rollins gushed that “What you have assembled in your vision is a turning point in American history.” [That’s actually true, but for all negative reasons]
  • Small Business Administrator Kelly Loeffler drooled “Mr President, on behalf of America’s manufacturers, I want to thank you…main street is grateful for you.” [Main Street in Moscow]

This is a typical Cabinet meeting for the Trump regime. There is virtually nothing done that advances the interests of the American people. It’s sole purpose is to inflate Trump’s massive yet fragile ego. Like most other cult leaders, he demands to be worshipped. And while his flock will obey, it’s increasingly clear that the American public will not.

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Jon Stewart Obliterates Trump’s Abysmal Economic Crapulence: Trump Released the Contagion

Posted by on April 8, 2025 at 11:43 am. NO Comments :

The devastation that millions of Americans have suffered due to Donald Trump imposing his profoundly ignorant torrent of tariffs on nearly every country across the globe (except of course for Russia), has produced results that can and were predicted by knowledgeable economists and trade experts.

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Jon Stewart, Donald Trump

Now, after the stock market has wiped out some $6 trillion in assets, even some of Trump’s biggest backers and donors are starting to call him out for upending America’s relationships with the world, and for needlessly harming so many innocent people, including many of those who voted for him because he promised to lower the cost of living and improve the state of the nation’s economy. Which was already booming when he inherited it from President Biden. Even Fox News is beginning to wobble…

SEE THIS: UH-OH: Fox News Trump-Fluffer Admits that Trump’s Tariffs Will Fuel Higher Prices and Recession

Naturally, the knee-jerk response by the faithful devotees of the Trump cult is to stiffen their noodly spines and lie that everything is fine and is going precisely according to plan. Consequently, we have people like…

Peter Navarro (Trump’s senior counselor for trade) celebrating that “There’s going to be plenty of jobs for robots” as Trump’s policies pan out.

And there’s GOP House Speaker MAGA Mike Johnson begging everyone to “give him space,” to let his strategy work. But rest assured that when it fails Johnson will be calling it Biden’s strategy.

And the Trump-fluffers on Fox & Friends are consoling their viewers to relax because “If it doesn’t work, [Trump] can always go back to the way it used to be.” Right! But after all the damage has already been done, who’s gonna reimburse those who lost their life savings? Trump? Fox News?

Another example of a Trumpist pitching a blatantly dishonest perspective on Trump’s still unfolding catastrophe was the Director of his National Economic Council, Kevin Hassett, who rushed off to Fox News (where else?) to praise Trump for being a master dealmaker and author of “The Art of the Deal,” In reality, Trump is neither.

While it may seem that there is nothing funny about any of this, Jon Stewart of the Daily Show tackled this subject Monday night and found a way to be both educational and hilarious. He hit on a variety of critical components of the Trump economic fiasco, such as…

  • On Tarriffs: They are both a negotiation and not a negotiation – both temporary and permanent.
  • On Job Creation: Millions of people screwing in little screws – We are robot fluffers.
  • On the Stock Market Crash: We should be impressed by how smoothly it went.
  • On Trusting Great Negotiator Trump: His own book cites his “successes” – Like his casinos that went bankrupt.

As is often the case, comedy is proving to be a better vehicle for informing the public than much of the mainstream news. It not only delivers complex facts in a digestible and understandable format, it offers the emotional release that most people can relate to when confronted by such disturbing facts. Conventional journalists should be watching and taking notes.

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