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Trump's tariffs are already working: South Korea's Hyundai announces $21 billion U.S. investment
International by HatetheSwamp     March 24, 2025 12:56 pm (Rating: 0.0) Last comment by: HatetheSwamp (48 comments) [565 views]


Dow is up about 2500 points as of now!
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RUTHLESS' HACK MADNESS Finals set!
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SCOTUS only took a day to slam a district judge
Law by oldedude     April 8, 2025 4:28 pm (Rating: 0.0) Last comment by: HatetheSwamp (1 comments) [38 views]


The Dow Jones is down almost 1,600 points right now
News by Donna     April 3, 2025 8:16 am (Rating: 0.0) Last comment by: oldedude (28 comments) [342 views]


US Supreme Court lets Trump pursue deportations under 1798 law
Law by HatetheSwamp     April 8, 2025 4:05 am (Rating: 0.0) Last comment by: oldedude (13 comments) [197 views]


NASHVILLE TRANS MURDER COVER-UP: FBI openly leaks Journals "mischaracterized" by Nashville authorities
Gay & Lesbian by HatetheSwamp     April 7, 2025 4:39 am (Rating: 0.0) Last comment by: oldedude (19 comments) [244 views]


RUTHLESS' HACK MADNESS is underway
Humor by HatetheSwamp     April 8, 2025 3:12 pm (Rating: 0.0) Last comment by: (0 comments) [37 views]


Supreme Court allows Trump to terminate 16,000 probationary federal workers
Government by HatetheSwamp     April 8, 2025 12:27 pm (Rating: 0.0) Last comment by: (0 comments) [23 views]


Wild Animals selectors, pages, etc.
Trump crashes our economy to help his cronies
By Donna
April 6, 2025 5:33 pm
Category: Wild Animals

(5.0 from 1 vote)
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When you see warped Trump policies that hurt the middle class, follow the money for an explanation. Trump’s insane tariff policies caused the “dumbest recession ever” overnight and have caused investors to run to the bond market, a market controlled in part by companies owned by Commerce Secretary Howard Lutnick. The flight to bonds caused by the Lutnick phony “reciprocal” tariff stampede is benefiting his companies and crushing American dreams.

"This is a cabinet of plutocracy, who are lining their pockets, who didn't go into public service because they want to be public servants. They didn't take a vow of poverty. They went into public service, such as it is under the Trump Administration, to make as much money as possible.

This is like the robber barons during the late 1800s and early 1900s, but [these guys] were able to co-opt and take over the White House and the Administration. That's what we're watching.

And who's suffering? You, me, your grandmother's retirement plan, Social Security being undermined, Medicaid and Medicare being undermined, student loans being undermined - and I'm gonna end it this way again:

Donald Trump inherited a gleaming, steaming hot economy that was helping everyone under the Biden Administration... And what did he do with it? He took it and he crapped all over it, and now we have to clean up behind it."

***

It's certainly causing Sheri and I a lot of stress. If the company I work for were to go belly up (they've already laid off a lot of people at our corporate offices in response to the tariff grift,) we will instantly be in deep financial shit and could lose this incredible house we bought last year.

So when I hear snide, crass trolls accuse people in vulnerable financial situations like Sheri and I of having TDS, I just want to strangle them.




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The views and claims expressed by contributors are their own and do not necessarily reflect the views and beliefs of SelectSmart.com. Not every statement made here can be assumed to be a fact.
Comments on "Trump crashes our economy to help his cronies":

  1. by Indy! on April 6, 2025 5:45 pm

    You know Marco Rubio is poor because he can't even afford a nice weave.


  2. by Curt_Anderson on April 6, 2025 6:35 pm
    As I noted in another post, Lutnick admits he wants bring the jobs that are done overseas back to America so ROBOTS can do that work! Americans will have the job of servicing these robots--that is until robots with AI can service themselves.
    selectsmart.com


  3. by Indy! on April 7, 2025 9:48 am

    We're on the doorstep of the end of humanity.


  4. by Donna on April 7, 2025 10:29 am

    Trump’s Tariff Plan Is a Math Disaster (see youtube link)

    Trump's new tariff plan is built on a bogus formula—and it’s already crashing markets. Tim Miller and Stan Veuger break down the economic fallout, the fake math behind it, and why it’s more dangerous than it looks. See YouTube link below.

    Trump tariffs based on massive error, conservative think tank says (see link)

    A friend of mine had this to say about the Trump Tariff Grift:

    The "formula" [see pic] for "reciprocal" tariffs. It's dressed up to look like real math, but it just expresses a trade deficit as a percentage of imports. Masquerading as real economics smacks of Peter Navarro's influence. The resulting tariffs aren't reciprocal at all - it's all smoke and mirrors. The smoke comes from the burning embers of the global economy and the mirrors reflect Trump's sociopathic ego.



    axios.com
    View Video


  5. by Indy! on April 7, 2025 11:16 am

    Thanks for the links, Donna. The comments on youtube are great too...

    The Art of the Deal...

    "Someone on British TV said 'the tragedy is that despite so many brilliant economics and financial experts in the world, a democracy has produced a leader who is economically illiterate'..."

    =========================

    Tariffs explained so even wingnuts (might) get it...

    "KITCHEN TABLE MATH: WALMART BUYS A $100 ITEM FROM CHINA FOR $100, and writes a check to THE US GOVERNMENT for $35.00 (Walmart PAYS THE TRUMP TARIFF). I buy the item for $135.00. WALMART TAKES MY $35 BUCK AND OFFSETS THE TRUMP TARIFF. MY $35 BUCKS IS IN THE GOVERNMENT POCKET TO PAY FOR THE TAX CUTS TO TRUMP'S TO THE RICH."


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