Yesterday 5:59 pm
Until Donald Trump. Until him, no U.S. president has been so ignorant of the lessons of history. Until him, no U.S. president has been so incompetent in putting his own ideas into practice.
That’s a conclusion that stock markets seem to have drawn as they plunged following the Trump triple whammy: first, tariff threats against our largest trading partners, spelling much higher costs; second, twice-repeated monthlong reprieves on some of those tariffs, meaning a zero-predictability business environment; finally, his tacit admission, to Maria Bartiromo of Fox News, that the United States could go into recession this year, and that it’s a price he’s willing to pay to do what he calls a “big thing.”...
In short, a willful, erratic and heedless president is prepared to risk both the U.S. and global economy to make his ideological point. This won’t end well, especially in a no-guardrails administration staffed by a how-high team of enablers and toadies.
Trump’s critics are always quick to see the sinister sides of his actions and declarations. An even greater danger may lie in the shambolic nature of his policymaking. Democracy may die in darkness. It may die in despotism. Under Trump, it’s just as liable to die in dumbness.
https://www.nytimes.com/2025/03/11/opin ... =url-share
Among today's top stories on The Five?
Bill Maher said something....
You go, Morans....
That’s a conclusion that stock markets seem to have drawn as they plunged following the Trump triple whammy: first, tariff threats against our largest trading partners, spelling much higher costs; second, twice-repeated monthlong reprieves on some of those tariffs, meaning a zero-predictability business environment; finally, his tacit admission, to Maria Bartiromo of Fox News, that the United States could go into recession this year, and that it’s a price he’s willing to pay to do what he calls a “big thing.”...
In short, a willful, erratic and heedless president is prepared to risk both the U.S. and global economy to make his ideological point. This won’t end well, especially in a no-guardrails administration staffed by a how-high team of enablers and toadies.
Trump’s critics are always quick to see the sinister sides of his actions and declarations. An even greater danger may lie in the shambolic nature of his policymaking. Democracy may die in darkness. It may die in despotism. Under Trump, it’s just as liable to die in dumbness.
https://www.nytimes.com/2025/03/11/opin ... =url-share
Among today's top stories on The Five?
Bill Maher said something....
You go, Morans....