For all those f***tard “experts” out there who kept trying to convince Americans and themselves that Dictator Don is merely bluffing on tariffs, that this is just the start of negotiations, that tariffs are just a tactic, do you believe reality now? Or are you still delusional? I especially love how the “wisdom” of the markets could not be bothered to read the writing on the wall until it reached out and slapped them on the face. I’ve been trying to warn all you morons that The Don! means business when it comes to tariffs. (I will only concede that these tariffs are worse than I expected. So much so that I may have to reconsider my midterm election predictions.) Unlike just about every other aspect of his economic and political ethos, he actually believes in the “virtues” of tariffs. It is probably the one true conviction he has other than believing that the 2020 election was stolen from him. But whatever. This is precisely what Americans voted for. Oh well, f***tards. You deserve this!
Oh, oh. Before I forget, I finally heard it. Finally, finally, finally! I finally heard a MSM economist state the obvious — yet inexplicably never stated — consequence of tariffs on the price of domestic goods. Steve Rattner, Morning Joe‘s resident economist (yes, yes, I’ve returned to watch Morning Joe just this week), actually stated out loud that domestic prices would also increase because of these tariffs, as he said, “Why wouldn’t they?” Indeed! As I had just written in an earlier post, Tariffs for Dummies, I argued that there is no reason why domestic producers would not increase their prices to a level similar to the cost of like, tariffed goods. Duh! Finally, one other person gets it. Not sure why everyone else keeps missing this point.
And if I have to hear one more CNN segment talk about car prices, then I’m going to lose my ever-loving f***ing mind. While reporting on car prices is “sexy,” it is far from representative of the larger looming tariff crisis, which is essentially a 10 percent tax on everything — everything (see paragraph immediately above). People can put off buying a car or spread out the increased cost by extending loan terms, which now you can expect to see 10-year car loans. Mark my words, morons! (When I bought my car a couple of years ago, they offered a 7-year loan term, which astonished me. I had never seen that before. I remember when 6-year loans were considered a sign of lacking creditworthiness. But I digress.) Nonetheless, other discretionary expenses and certainly non-discretionary items like groceries and medication will hit hard and immediately. Again, whatever. People voted for this. This sh*t-for-brains country wanted a president to “shake things up” and destroy the economy, and now they’re getting it. Morons get the government they deserve and desire. Welcome to stupid America!