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The oracle of chaos, Dictator Don, seems to have taken a fancy to doll ownership of the plebs here in the States…and all because tariffs are good. You understand the connection, don’t you? (Hint: It’s called winning…no matter how much you’re losing)
Trump Admits Tariffs Could Create Shortages, Hike Prices – via reason.com
“Maybe the children will have two dolls instead of 30 dolls,” Trump said Wednesday. “And maybe the two dolls will cost a couple bucks more than they would normally.”
When President Donald Trump ordered the implementation of his so-called “Liberation Day” tariffs on April 2, he proclaimed that it was “now our turn to prosper.”
Exactly four weeks later, Trump delivered a very different message to the American people: You’ll get less and you’ll pay more.
“Somebody said, ‘Oh the shelves are going to be open.’ Well, maybe the children will have two dolls instead of 30 dolls,” Trump said Wednesday during a cabinet meeting open to the press. “And maybe the two dolls will cost a couple bucks more than they would normally.”
Some prosperity, huh?
When you’re the oracle of chaos, it’s common place and almost expected that you change your mind, on anything, at whatever time you might want – hopefully daily. 30 dolls down to 2…a small sacrifice to make that defines America prospering again.
But, of course, the tariffs were always going to sap Americans’ standard of living. No matter what internally inconsistent and self-defeating logic Trump and his allies used, it was always true that tariffs are nothing more than taxes and it’s impossible to tax your way to prosperity.
Unfortunately, the consequences won’t be limited to fewer children’s toys—though that is one sector that could be particularly hard hit by the dramatic slowdown in imports from China. “The alarm in the [toy] industry is palpable, with the companies predicting product shortages and higher prices,” The New York Times reported this week. “Some business owners, citing how crucial holiday sales are to their bottom lines, are consulting bankruptcy lawyers.”
“Now do this for clothing, shoes, food, appliances, consumer electronics, energy, construction materials, etc etc, and you start to see the problem,” Scott Lincicome, vice president of general economics for the Cato Institute, posted on X in response to Trump’s comments. “Forced scarcity is not a pathway to prosperity.”
Scarcity is the path that Trump has chosen, despite warnings from hundreds of economists. Now, having unilaterally created supply chain disruptions on a scale not seen since the COVID-19 pandemic in pursuit of supposedly populist goals, Trump is delivering an elitist shrug. If basic household necessities end up costing “a few bucks more,” that won’t be a serious problem for our elected leaders—or the lobbyists who are getting rich as businesses seek special favors within Trump’s tariff schemes.
It will, however, be a problem for lots of other Americans, many of whom are more sensitive to price hikes after years of high inflation and rising interest rates. No wonder Trump’s tariffs are deeply unpopular, and dragging his approval rating down with them.
Ah, but no worries. Exciting times are ahead as the circus clown channels his business and economic expertise to guide the nation to more prosperity and winning. Don’t believe me, why just look at his past stellar accomplishments:
“The Trump Taj Mahal, which was built and owned by President Trump, filed for Chapter 11 bankruptcy in 1991. The Trump Plaza, the Trump Castle, and the Plaza Hotel, all owned by President Trump at the time, filed for Chapter 11 bankruptcy in 1992. THCR, which was founded by President Trump in 1995, filed for Chapter 11 bankruptcy in 2004. Trump Entertainment Resorts Inc., the new name given to Trump Hotels & Casino Resorts after its 2004 bankruptcy, declared bankruptcy in 2009.”
Then there’s the list of “companies that had license agreements with President Trump [that] have failed”:
“Trump Shuttle Inc., launched by President Trump in 1989, defaulted on its loans in 1990 and ceased to exist by 1992. Trump University, founded by President Trump in 2005, ceased operations in 2011 amid lawsuits and investigations regarding the company’s business practices. Trump Vodka, a brand of vodka produced by Drinks Americas under license from the Trump Organization, was introduced in 2005 and discontinued in 2011.” – yahoo.finance.com
Oh well…
For more on the tariff situation:
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Tonight’s musical offering:
Dispatches from the Asylum 
the american dictator in chief says ”its OUR TURN to prosper” he doesn’t mean the country. he doesn’t mean the citizen slaves. he means HIM AND HIS BILLIONAIRE BUDDIES…its HIS TIME TO PROPER and those who bought him the office! at the expense of everyone else.
higher prices? like Americans can take another tax up the tail pipe! without even being kissed! easy to say when you live off the tax trough like a pig in slop. a billionaire who gets to pay for everything with taxes…and he gets all the perks that go with it.
these creatures in human clothing are not in OUR world. they have never lacked anything…ever…they don’t know how hard it is to make ends meet or how hard it is to make decisions about what to buy with the budget…they have no budget…unlimited is their budget. print all the money you like. and pocket it in his bank account. him, elon musk, the gates from hell. all his buddies..
he said it right….ITS THEIR TURN NOW! To loot and pillage the country and squeeze the last drop of wealth in the country. take the last ear of corn. take the last beef cow, take the last gallon of milk and replace it with lab grown cancer cells. or cockroachs. let them eat cake!
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Thanks for sharing your thoughts, Highlander! Spot on! Cheers!
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