It's obvious by now that the guy reportedly in charge of our economy is a fucking idiot.
Some will argue, depending on the direction of said economy and of which party a president (or "president") is a member, that everything or nothing, good or bad, can be attributed to the person behind the Resolute Desk. In this case, there can be no argument: Trump opens his McDonald's-hole about tariffs on China and markets crash like Trump Airlines.
The idiocy presents in two forms: first, he has no fucking clue how tariffs work; or if he does, he figures he can lie about it, like he does everything else, and the Trumpic wing of the Party of the Uncaring will down it like Trump Vodka, for the brief time it was available.
To wit: he keeps saying "China is paying for the tariffs." By now we all know that's false: importers do. Then, by downstream effects, the manufacturers who buy it from importers, and, finally, consumers, for whom prices are raised accordingly. It's a burden and, in effect, a tax. Doubly so for those of us in states with a sales tax. So there's that. Thanks, Obama.
Second: he doesn't give a shit. This isn't about the US, its consumers, its producers. It's about him. The guy with the best words, whose very big brain hires the best people, who understands more about everything than anyone. His pathetic, destructive, vindictive, mendacious, prematurely-ejaculating ego, is in charge. He's gotta see himself as a winner, and the other guy, a "loser." That's his game. It ain't about us. It's all about the mushroom dick floating around in his hydrocephalic ventricles.
The proof of it is the fact that he obviously has no fucking plan. He shoots off his mouth when his ego is threatened, makes a bunch of threats or dishonest pronouncements, or both. Then, as his flunkies scramble to explain away or deal with the fallout, he comes up with an idea: we'll pay our farmers even more billions than we already are. Buy their stuff. Give it to poor countries (not even our own poor.) Nothing, so far, about every other business sector, nor the consumers thereof, though.
And the thing is, I don't think any of this matters to China, because they DO have a plan. Unlike Trump, whose "plans" come and go with the flash of a couple of outraged, lonely neurons, they play a very, very long game. Slow and steady. Win the world economy. If they can play Trump like a China doll along the way, watch the US economy creak as its deficits become unsustainable, so much the better. The US really doesn't fit into their long-range plans: everywhere else on the planet does. So says I, China expert and macroeconomic whiz.
But, to quote a stable genius, "Trade wars are easy to win." Could be. If the person in charge weren't a loser businessman who hasn't the foggiest.
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