"Bloomberg reported that the tariffs on Canada and Mexico are likely to make US car prices rise by as much as $12,000, since so many parts and pieces of vehicles are manufactured at plants in those countries. In his remarks today, Trump said the manufacturers are just going to have to move all their plants to the US."
~ Ron Filipkowski
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/12
https://www.meidasplus.com/p/today-in-politics-bulletin-83-3325
"The Federal Reserve of Atlanta came out with a prediction this morning that the first quarter of growth in the United States would be negative, negative 1.5. That's down from 2.8 positive growth just a month ago. That's all the time it took Donald Trump to wreck this economy. I can't sugarcoat this."
~ Jen Rubin
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/13
https://contrarian.substack.com/p/jen-rubin-addresses-the-halting-of
As Jen Rubin also notes, what Trump is doing to tank the economy has to be set beside his attack on Ukraine and NATO, which says,
"The message to Moscow is do what you will with Ukraine. We'll deliver them on a silver platter."
Ripping apart the federal government and tanking the economy serves no one better than it serves Vladimir Putin. These are dots that need to be connected.
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/14
"On Monday, while President Trump talked about his tariffs, Fox News showed him speaking even as a graphic in the corner displayed the markets sliding. That said it all: No matter how much boasting he does about the economy, the actual metrics are getting worse—and the public knows it."
~ Greg Sargent
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/15
https://newrepublic.com/article/192262/trump-hit-brutal-fox-news-graphic-tariffs-bad-polls-land
"Encouraged by the cheers of his sycophants, empowered by the silence of his enablers, Donald Trump took another step yesterday down the dishonorable and dangerous path of betraying Ukraine and siding with Vladimir Putin."
~ William Kristol
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/16
https://www.thebulwark.com/p/trump-putin-zelensky-veterans-hospital-eggs-tariffs-canada
"And there will be further steps. The administration’s cutoff of aid to Ukraine will surely be followed by further attempts to isolate President Volodymyr Zelensky and further weaken Ukraine."
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/17
"Coincidentally, the same day Trump said tariffs on Canadian and Mexican goods would go ahead, a story broke that his administration is seeking to ease sanctions on Russia. After appeasing the bear, he has decided to drive his car into the moose. All of us are about to find out what happens next."
~ Martyn Wendell Jones
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/18
https://www.thebulwark.com/p/trump-putin-zelensky-veterans-hospital-eggs-tariffs-canada
"It was a perfect encapsulation of the chaos that Trump has wrought. As he announced yesterday that he was going to proceed with 25 percent tariffs against Canada and Mexico and hike another 10 percent on China, a widget on the Fox Network showed the Dow Jones crashing in response."
~ Jay Kuo
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/19
"You know what? Elon Musk did say before the election that he was going to inflict pain on the American people. So I guess in that regard, a promise is made, a promise is kept from this administration because people are feeling the pain."
~ Ben Meiselas
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/20
https://www.meidasplus.com/p/meidas-pod-on-trump-tanking-economy
"Assuming that the past six weeks are predictive of what’s next, expect an age of anxiety; expect the elimination of tens, if not hundreds, of thousands of jobs; expect the decimation of liberal institutions to go on for all four years of Trump’s second term; expect government services to deteriorate; expect reduced funding of the safety net; and expect more homelessness, hunger and disease."
~ Thomas B. Edsall
"Expect poverty; expect the financial starvation of universities and of nongovernmental organizations; and expect unannounced raids, unreliable data and an America increasingly aligned with authoritarians worldwide. Expect a pervasive climate of suspicion and a preoccupation with revenge. Expect more suffering, more fear, less security and less happiness.
In other words, expect the worst."
#Musk #Trump #Putin #StockMarket #economy #Dow #Nasdaq #SandP #tariffs #recession
/22
