During his Saturday campaign rally in Washington, Michigan, the “Hire America” President Donald Trump said that the U.S.A. unemployment numbers were so good that it was now possible to allow many more guest workers into the country to work the fields and take millions of other jobs. The audience gasped and then was silent.
It reminded voters, some who vigorously supported Barack Obama, of how that progressive candidate promised to reform the finance cartel, but then appointed nearly everyone from Wall Street to the Cabinet and highest councils.
And many may have recalled the first George Bush’s lip-reading campaign promise of “no new taxes.”
Or FDR’s pledge in the 1940 election to not send “our boys” into a European War.
I always thought it was a choice of two scenarios: some Presidents change their mind and some lie. But now there is the third possibility – that the President doesn’t have a clue about what he is saying. Mr. Trump, are you listening carefully? Continue reading →
What does President Donald Trump’s tariffs on $50 billion worth of imports from China actually mean, and how will this affect you?
The ministers of mainstream media have received their talking points from the same lobbyists who control Congress, and they are using scare tactics on the public.
“A 25% tariff on a product will raise the cost of needed goods by a third, hurting the American consumer,” one son of a billionairess announced.
“We will have shortages of needed goods,” a genius two years out of college lamented.
“There will be a trade war, like the one that caused the Great Depression,’ a fellow with a bad wig grumbled.
The last point first. The Great Depression and crash of the stock market was in 1929. The Hawley–Smoot Tariff act was passed in 1930. The Depression was the result of the greatest economic inequality in our history – until today. The Crash was not caused by tariffs enacted after the fact by the unfettered administration of GOP president (Herbert Hoover). Continue reading →