Trump Does his Awesome New Tariffs. Winning!!

WarDamnGator · Mar 12, 2025 at 9:05 PM

Trump asks "who made these decisions" to allow other Countries to supply the US with electricity ... spoiler alert ... it was him.

Trump whines about who signed deal to allow Canada to supply energy to the US – it was him

demosthenes · Mar 12, 2025 at 9:09 PM

WarDamnGator said: ↑

Trump asks "who made these decisions" to allow other Countries to supply the US with electricity ... spoiler alert ... it was him.

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Trump whines about who signed deal to allow Canada to supply energy to the US – it was him
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Why would anyone stop Canada from selling us cheap electricity? Pretty self-defeating.

G8trGr8t · Mar 12, 2025 at 10:30 PM

demosthenes said: ↑

Why would anyone stop Canada from selling us cheap electricity? Pretty self-defeating.
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we wouldn't want to be dependent on such an unreliable enemy

chemgator · Mar 12, 2025 at 10:51 PM

One man stood between Trump and a recession in his first term: Steven Mnuchin. Now there is no one in between Trump and his glorious recession--err, I mean tariffs. No one from Fox News has enough brains to prevent an economic calamity from striking America, but that's who Trump chose as his advisors in term two. His hero on tariffs, William McKinley, had to deal with one recession and one depression for a total of six years.

One man stood between Trump and a recession. Now he's gone.

Lately, on Twitter/X/whatever you want to call it these days, there's been a noticeable uptick in nostalgia for Steven Mnuchin, the treasury secretary during President Donald Trump's first term.

"Come back Steve Mnuchin I miss you Steve Mnuchin," one user wrote in early March. "Steve Mnuchin was the best Trump 1 cabinet member. It almost makes up for suicide squad," wrote another. "Mnuchin was probably the most competent cabinet appointment of the last 3 administrations and I'm not sure it's particularly close," wrote another. "Mnuchin didn't do anything mental and now he's viewed with nostalgia," wrote another.

Mnuchin's four years in the administration were busy: He shepherded through the tax cut bill in 2017, warning before the legislation's passage that stocks would crash if it didn't get the go-ahead. When COVID-19 swept in, he was instrumental in striking a deal with Congress to deliver economic relief. Throughout his tenure, he kept everybody calm about the debt ceiling. On a lighter note, he and his super-beautiful wife, Louise Linton, posed for photos with the sheet of dollar bills that got them compared to James Bond villains — an outrage that seems quaint in this day and age.

With the markets currently in meltdown mode, largely thanks to Trump, Mnuchin (or a Mnuchin type) is someone many on Wall Street would very much like to have back. They'd like a Mnuchin-esque Money Dad to come tuck them in at night and tell them not to worry about big bad tariffs or a potential recession hiding underneath the bed. In the absence of such a figure, investors are facing a Trump 2.0 who isn't as concerned about their feelings — or, more importantly, holdings — as they'd hoped. He's listening to Silicon Valley a lot more than he is Wall Street, to the extent he's listening to anyone. Sure, Trump's got a new Wall Street-attached treasury secretary, hedge funder Scott Bessent, but investors are still figuring out how to measure him. He just defended tariffs by saying cheap goods aren't part of the American dream. In the internet's collective imagination, Steven Mnuchin would never.
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