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Senator Cruz Warns Tariffs Risk Sparking GOP Wipeout in 2026 Elections

Ted Cruz sounds a potential bloodbath tariff alarm. But how did he vote?

Concern Over Republican Bloodbath in Midterm Elections

Bloomberg reports Ted Cruz Concerned of GOP Bloodbath in 2026 Elections.

Senator Ted Cruz, usually a staunch supporter of President Donald Trump, sounded the alarm on the administration’s move to ramp up tariffs, saying they pose “enormous risks” to the US economy and make Republicans vulnerable to a “bloodbath” in next year’s midterm elections.

Long-term trade duties would drive up inflation and wreak havoc on markets, Cruz said on his podcast, which was released Friday as a deep selloff hammered US stocks for the second straight day. The economic fallout could help Democrats reclaim the House of Representatives and possibly even flip the Senate, although that’s less likely, he said.

“It would destroy jobs here at home and do real damage to the US economy if we had tariffs everywhere,” said the Texas Republican.

Oil, another key Texas industry, plummeted Thursday after the Organization of the Petroleum Exporting Countries and its allies agreed to a larger-than-expected supply increase. Oil sank further on Friday amid worries that economic weakness will cause demand to slow.

Cruz specifically called out the risk to the automobile industry, which relies heavily on trade across the Texas border with Mexico. He said an executive from a major automaker told him the tariffs would prompt a $4,500 increase in the average price of the company’s vehicles, probably starting in June.

Cruz on the Sidelines

Q: Did Cruz co-sponsor Senator Grassley’s Tariff bill?
A: No, but he’s thinking about it.

Q: Did Cruz vote to end Trump’s Emergency call on Mexico and Canada?
A: No, and it appears he didn’t even think about it.

Related Posts

April 3, 2025: Five Republican Senators Break Ranks With Trump Over His Tariff Madness

Five Republican Senators unite with Democrats against Trump’s tariffs.

That post was primarily about a Senate vote to end Trump’s emergency Declaration on Canada and Mexico.

April 5, 2025: Seven Senate Republicans Now Back a Bill to Rein in Trump’s Tariffs

A bit of sanity comes to the Senate. Thank you Senator Grassley.

That post was primarily about a Grassley’s Trade Review Act of 2025.

Scorecard

The Senator sounding the biggest alarm by far, stood back and did nothing when it came to a vote and co-sponsorship of Grassley’s bill.

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198 Comments
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IRISH
IRISH
1 year ago

those clowns in govt jobs only worry about their cronies aka party not the constituents they allegedly represent. your party teddy is no good.

PapaDave
PapaDave
1 year ago

Farmers in South Dakota are not happy with Trump’s tariffs because it increases their costs while reducing their sales and sales prices.

https://www-cbc-ca.cdn.ampproject.org/v/s/www.cbc.ca/amp/1.7502342?amp_js_v=0.1&amp_gsa=1#webview=1&cap=swipe

Last edited 1 year ago by PapaDave
JayW
JayW
1 year ago
Reply to  PapaDave

From the article:

“American farmers say U.S.-imposed tariffs on Canadian goods are having a ‘devastating effect’ on the local agriculture sector south of the border.”

I love it! How on God’s Green Earth can these new tariffs be having such a massive effect in such a short period of time?

Have they created a great deal of uncertainty? YES! Does everyone north of the border hate Trump now? YES!

But let’s stop acting like the whole damn world has ended in such a short period of time. It hasn’t

PapaDave
PapaDave
1 year ago
Reply to  JayW

Lol! The article simply demonstrated how some US farmers are already impacted by tariffs. It didn’t say anything about “the whole damn world”. Try to keep things in perspective Jay.

For example, potash tariffs of 25% began Feb 4. They were then delayed to March 4. So Farmers are paying them now.

Steel and aluminum 25% tariffs began March 12.

Farm equipment 25%.

It’s hurting Farmers who voted for Trump.

Maybe you should read the article again.

bmcc
bmcc
1 year ago
Reply to  PapaDave

thanks for your expertise and passing it along.

PapaDave
PapaDave
1 year ago
Reply to  bmcc

My pleasure. Just trying to follow how Trump’s tariffs are beginning to impact Americans.

And it is early days. I look forward to seeing how this all plays out.

Jojo
Jojo
1 year ago
Reply to  JayW

It’s going to take months until the full effect of Trump’s actions bubble through the economy. Each week, things will get worse. More and more announcements of increased prices. Fewer consumers making purchases. More virulent protests against Trump and his henchmen like Musk, Miller, Lutnick and Navarro. Wall Street walking away from Trump.

Trump’s tariff plans are going to fail BIGLY for him and for the Republican Party.

In fact, they are going to provide a rallying point for the Dems to build on.

This isn’t just shooting yourself in the foot. This is shooting yourself in the balls.

Avery2
Avery2
1 year ago

Ted is originally from the 51st State.

AndyM
AndyM
1 year ago

Wow, some me obvious comments from Ted Cruz …

JayW
JayW
1 year ago

In less than a week, EVERYONE is a tariff subject matter expert.

Nice job holding the line Cruz. Embarrassing. Give it at least 3 months, dude!

Last edited 1 year ago by JayW
Ted
Ted
1 year ago

Trump’s approval rating went up 4 points to 53% during tariff week. It appears Ted Cruz outed himself as a RINO and shot himself in the foot. This will be his last term as a senator. https://www.breitbart.com/politics/2025/04/06/nolte-media-fail-trump-job-approval-rises-4-points-to-53/

Albert
Albert
1 year ago
Reply to  Ted

Try to get your facts from a reputable source.

Nate Kirby
Nate Kirby
1 year ago
Reply to  Albert

Why would anyone want to do that?
It’s so much more fun to get facts that align with one’s worldview.
#Sarcasm

JayW
JayW
1 year ago
Reply to  Albert

Albert, polling is BS. You know this. But thanks for the rebuttal without your skewed polling data.

Last edited 1 year ago by JayW
Phil
Phil
1 year ago
Reply to  Ted

LOL a poll by the daily mail! I guess that had to happen since even Rasmussen has him underwater now.

Stu
Stu
1 year ago
Reply to  Ted

Trump’s approval rating has been steady throughout the “Tariff Talk” so basically it’s been a non-factor as far as approval goes. Democrats have been opposed to everything since they lost Power & Control. The “Swamp” if you will, still exist, and is getting louder. All to be expected and obviously was by Trump and His Administration.

While I don’t consider Cruz a RINO, He most certainly shot hi self in the foot. I did think He helped himself any, but it will Hurt the Party, by giving them more Fodder, and Republican (High Level) Support on Display, supporting the Democrats cause.

This doesn’t appear to be Unity to me. It’s more CYA or I Want/Need type speak to me. Ill advised, Not helpful, and just an unforced error. He Needs to and Should Apologize to the Party, as they’re busting their butts off to help, support, and do what the Voters wanted.

Stu
Stu
1 year ago
Reply to  Stu

The Voters didn’t ask Cruz what he thought about Tariffs or anything else, because they simply don’t care what He thinks. They care that Cruz Votes With the Party, and For There President, and His Mandate, by the Voters!
Any Republican that stands against this is acting against the Republican Party. You are knee capping yourselves! You should become an Independent, or change Parties, but don’t be a “Cog in the Wheel” for crying out loud. It’s your F’in Party!!!

+888
+888
1 year ago
Reply to  Stu
Stu
Stu
1 year ago
Reply to  +888

Ironically there are even Democrats, and lots of them, voting with Trump. They stood for what He is doing now, albeit a decade or more ago. There was simply no excuse for such a foolish statement by Cruz!

JJK3
JJK3
1 year ago

Harding presidency faced a dilemma. He was hated by the progressives as well as the Hooverites on the GOP side (sound familiar?). He was elected by a populace suffering from 11.7% unemployment, a minus 7% GNP, high income taxes & the CPI at +17%. Hoover became Sec’y of Commerce under Harding and was an agitator for aggressive gov’t intervention in the economy. Harding ignored him and Hoover did what he could to undermine the Adm. Nevertheless, Harding got legislation passes to reduce the 73% max income tax rate to 25%, he cut the budget in half from $6Billion to $3Billion and implemented the Emergency tariff of 1921 to protect the ag sector and later in 1922 signed the Fordney-McCumber Tariff Act of 1922, which had rates up to 400% on some goods. The results were that by the time he died in the summer of 1923, his budget cuts, tax reductions & tariffs took GNP to plus 12.9%, inflation fell to 1.7% & unemployment was at 2.4%. From then to 1929, when Hoover was perpetrated on the public, the economy grew by 47% and wage growth was +25%. When Hoover came into office, regulations increased dramatically and between he & FDR they worked their magic to take a normal, cyclical recession into a major depression that only ended due to WWII.
During Trump 1, inflation averaged 1.87%, almost 60% lower than the 3.3% average inflation since the Fed was created in 1913. But the major point is that we have reached a stage in our economy which mirrors every previous financial collapse in history from Rome through to the USSR. When the producers who sustain the economy with goods, services and taxes are regulated to the point where their livelihoods are destroyed and the bureaucratic class, also known as tax eaters, take control, the debt piles up to the point where it’s unpayable, production is destroyed and the economy fails. 

Nate Kirby
Nate Kirby
1 year ago
Reply to  JJK3

I believe Trump is trying to engineer a world war that the US can win – and he can declare martial law and halt elections.

Phil
Phil
1 year ago
Reply to  Nate Kirby

What if he’s just stupid?

Ted
Ted
1 year ago

https://x.com/Jkylebass/status/1908885537626206634

https://abs-0.twimg.com/emoji/v2/svg/203c.svg U.S. NATIONAL ECONOMIC COUNCIL DIRECTOR KEVIN HASSETT SAYS MORE THAN 50 COUNTRIES HAVE REACHED OUT TO WHITE HOUSE TO BEGIN TRADE NEGOTIATIONS https://abs-0.twimg.com/emoji/v2/svg/203c.svg #Tariffs #Working

Ted
Ted
1 year ago
Reply to  Ted

TAIWAN OFFERS 0 TARIFFS TO U.S., RULES OUT RETALIATION TO TRUMP’S 32% DUTIES President Lai Ching-te said Sunday that Taiwan is proposing a zero-tariff framework for talks with the U.S., instead of retaliating against Trump’s new tariffs. Taiwan won’t raise trade barriers and will push ahead with U.S. investments—including TSMC’s additional $100B pledge. Lai added Taiwan is reviewing large-scale purchases of U.S. goods and will work to remove longstanding non-tariff barriers.

Richard F
Richard F
1 year ago
Reply to  Ted

This is how a responsible government will act.
Doing Business on a level playing field.
Creating opportunity that is mutually beneficial.

Argentina already has walked down this road.
There will be many others.

PapaDave
PapaDave
1 year ago
Reply to  Ted

Taiwan has tariffs of 4% on industrial goods from all countries, and 15% on agricultural goods. As with most countries, these are blanket tariffs charged on ALL countries. Not just on the US.

Trump placed reciprocal tariffs of 32% on Taiwanese products other than semi-conductor chips.

Thetenyear
Thetenyear
1 year ago

Ted, did you already forget that this is one big negotiation? Your meek statements show weakness which could snag negotiations and hurt American workers. Ted, please STFU.

Phil
Phil
1 year ago
Reply to  Thetenyear

It wasn’t a negotiation, then it was, certainly it will return to not being one within a day or two.

Peace
Peace
1 year ago

Poor countries have to save every USD, reserve currency. Its precious and save for essential items such as oil and drugs. They put high import tax of say 200% for new cars and 60% for used cars import from any country including America. Now US charge 20% to 35% discount reciprocal tariff on their exports to USA. They export cheap products such as clothing and workers earn about 70$ or so a month and they can’t compete with automated products in USA. Their businesses are all gone. They have no choice but work with China and have to abandon USD as reserve currency. Sorry!
Previously they’ve got special quota to export to USA.

peelo
peelo
1 year ago

Never let a temporary majority in two houses of Congress go to waste. The key thing for the GOP this year is to ram through the tax legislation and make it permanent. At that point, unfurl the “mission accomplished” banner and who cares? Never mind deficits and debt. There may still be some voter good will left based on the immigration initiatives, but that is inflationary too. Then I worry about the backlash, the instability of an unstable, vengeful electorate in an equal and opposite lopsided lurch, and the follies of the next Dem regime. Between all these vectors I think the prospects for stability of the US have gone (even further) down.

Robert Paulson
Robert Paulson
1 year ago
Reply to  peelo

From now on the US will be four years or less from complete idiocy in leadership. Only a fool would build a factory here.

Flavia
Flavia
1 year ago
Reply to  Robert Paulson

Very true.

Albert
Albert
1 year ago
Reply to  Robert Paulson

What about a coffee plantation? Even under your scenario, people will need coffee to survive.

El Capitan
El Capitan
1 year ago

Ted Cruz is a serial liar and power monger. You see here that he doesn’t actually say that Tariff’s are wrong because they are wrong, but, because they will end up losing his party power. The guy had one moment of clarity, when he badmouthed Trump for dissing his wife. Since then, he’s bent the knee. He has no moral compass whatsoever. Neither a spine!

Stu
Stu
1 year ago

– Senator Ted Cruz sounded the alarm saying they pose “enormous risks” to the US economy and make Republicans vulnerable to a “bloodbath” in next year’s midterm.
> Well that sounds like a Democrat! Has He switched sides? Why on earth wouldn’t he do what was and is expected from Him! Praise the moves, and explain why. Use the Data Trump has provided to do so. Why hand the Dems a “Talking Point” and from a Top Republican? He pisses me off for that disaster of a stand on His Party, and His President. Very disappointed!!
Do yourself, fellow Republicans and Citizens of America a favor, and “Swap Parties or simply Resign!!!

Jon
Jon
1 year ago
Reply to  Stu

Totally agree! All opinions must be the same as the Leader in the people’s party! Traitors must be dealt with harshly.

Stu
Stu
1 year ago
Reply to  Jon

Absolutely! Agree and climb onboard, or STFU! Don’t Harm your own Party, Ever!!!
That was such a “Rookie Move & Mistake”

Robert Paulson
Robert Paulson
1 year ago
Reply to  Stu

Whoosh…

Albert
Albert
1 year ago
Reply to  Stu

This happens when people temporarily regain control of their prefrontal cortex. I thought Republicans in Congress are supposed to take a pill each morning to prevent this.

Michael Engel
Michael Engel
1 year ago

The dems smell blood. They organized protests all over the US a year and a half before Nov 2026 election. They will bonk. The Dow might make a rd trip to 2022 high, before 50K.. If the defeated dems repeat their summer of love Trump will deport the suboteurs to Venezuela

Fast Eddy
Fast Eddy
1 year ago

Bye-Bye Saudi America

That kinda makes everything else… irrelevant…

And no … adding more pipelines won’t fix this

Phil
Phil
1 year ago
Reply to  Fast Eddy

We already did the peak oil thing in 2000’s… hold your nose when anyone tells you they know where oil production is headed

Fast Eddy
Fast Eddy
1 year ago
Reply to  Phil

Over the past fifteen months, growth in U.S. gas production has stalled. Indeed, in the past seven months, production has begun to contract. 

Since peaking in December 2023, U.S. dry gas supply has fallen by 3 Bcf per day—a 3% decline. Year-over-year data tells a similar story, with dry gas production now down by 1.2 Bcf per day, slightly more than 1%.

https://fasteddynz.substack.com/p/natural-gas-production-is-contracting

PapaDave
PapaDave
1 year ago
Reply to  Fast Eddy

Nope. In January, US natural gas production is up over 1% in 2025 compared to 2024.

https://ycharts.com/indicators/us_natural_gas_marketed_production_ngm

Though if oil and gas prices fall, I expect much less drilling to happen this year. Which may result in less
production, until prices recover.

Fast Eddy
Fast Eddy
1 year ago
Reply to  PapaDave

Goehring & Rozencwajg Natural Resource Investors

In the volatile world of U.S. natural gas, the past quarter unfolded with all the drama of a Shakespearean act. Prices began at a modest $2.60 per Mcf, buoyed by the quiet equilibrium of early spring. But by mid-June, the plot had transformed. An unseasonal heat wave gripping the central United States sent prices soaring to $3.15, a rally that spoke as much to the market’s sensitivity as it did to the hot weather. Yet, as quickly as the heat arrived, it receded. Milder temperatures reclaimed the stage and gas prices tumbled in response, bottoming at $1.90 by the end of August.

While market participants obsessed over weather patterns, few paused to consider the silent protagonist in this unfolding drama: inventories. The 2023–2024 winter, among the warmest on record, left a legacy of near-record storage levels. At the outset of the injection season, inventories stood at a staggering 700 Bcf—or 40%— above the ten-year average. Yet, tight fundamentals have nearly erased this surplus in a remarkable turn. Over the third quarter alone, inventories were drawn down by almost 400 Bcf. By quarter’s end, storage levels stood less than 5% above the norm, a quiet but profound shift that few have fully grasped.

This brings us to the present moment, where the market stands at a crossroads. If the coming winter delivers typical cold—after two years of unseasonable warmth—U.S. natural gas prices could well align with international benchmarks which currently hover near $14/MMBtu. The implications are vast, mainly as U.S. natural gas production, once seemingly boundless, now hints of rolling over.

Over the past fifteen months, growth in U.S. gas production has stalled. Indeed, in the past seven months, production has begun to contract. Since peaking in December 2023, U.S. dry gas supply has fallen by 3 Bcf per day—a 3% decline. Year-over-year data tells a similar story, with dry gas production now down by 1.2 Bcf per day, slightly more than 1%.

The natural gas bears, ever resourceful, have latched onto recent productivity data, pointing to gains in drilling efficiency across several shale plays as evidence of a potential resurgence. Yet this narrative, seductive though it may be, demands scrutiny. Our analysis, informed by deep neural networks, reveals that these productivity gains are not the herald of renewed growth but rather the predictable consequence of declining rig counts.

Consider this: in August 2022, the Baker Hughes natural gas rig count stood at 166. By February 2024, that number had dropped to 121, a 27% decline. Over the past seven months, the rig count has fallen further, reaching just 101—a 17% plunge in a remarkably short time. As every seasoned industry observer knows, exploration and production companies cut their least productive rigs first, leading to an inevitable but temporary boost in reported drilling productivity.
But this veneer of efficiency masks a more profound truth. Producers, facing dwindling options, have concentrated their remaining rigs on the final Tier 1 drilling areas within their plays. This “high-grading” of inventories explains the reported productivity gains of the past eighteen months but also signals an endgame. Our analysis suggests that Tier 1 drilling inventory in these plays is rapidly being exhausted. The accompanying graphics in this letter’s “Shale Fields and the Hubbert Curve” section lay bare this reality, using the Marcellus as a case study in depletion dynamics.

The broader picture is no less sobering. All U.S. natural gas production sources, whether from dedicated shale gas plays or associated gas from shale oil operations, are plateauing. Against this backdrop, demand is poised to surge. LNG exports are set to expand dramatically, while the data center boom adds another layer of consumption to the mix.
The result? A market that is shifting, after fifteen years of structural surplus, toward a long-running structural deficit. The abundance of shale gas has defined the natural gas story for the past decade and a half. That era, we believe, is drawing to a close, and the implications for prices—and the broader energy landscape—are profound.

 Read More

Fast Eddy
Fast Eddy
1 year ago
Reply to  PapaDave

NEW YORK (Reuters) -U.S. crude oil production fell by 305,000 barrels per day to 13.15 million bpd in January, the lowest level since February 2024, data from the U.S. Energy Information Administration showed on Monday.

That was the biggest decline in monthly U.S. oil output since January 2024, the data showed. The EIA also lowered its estimate of record U.S. oil production in December by about 40,000 bpd to 13.45 million bpd.

https://www.msn.com/en-us/money/markets/us-oil-production-fell-to-11-month-low-in-january-data-shows/ar-AA1C0VMr

PapaDave
PapaDave
1 year ago
Reply to  Fast Eddy

Yes. You said the same thing last year. Production dropped in January 2024 and you thought the end of oil was near.

https://www.eia.gov/dnav/pet/hist/leafhandler.ashx?n=pet&s=mcrfpus2&f=m

Have a look at monthly production numbers. January production often drops from December. Then grows again throughout the year. The same thing happened last year. Yet you always think its the beginning of a big drop in production.

Still, as I said earlier; production will likely decline this year if oil prices stay low, and drilling slows down as a result. Oil prices below the companies $65 breakeven cost will reduce drilling.

However, once prices recover, so will drilling.

Perhaps you would like to explain why oil prices are so low, if we are about to run out of oil.

Fast Eddy
Fast Eddy
1 year ago
Reply to  PapaDave

And this leads us to the second issue with fracking, namely that production from freshly completed wells peaks in a year then begins to decline sharply, falling 75–90% in the first three years of operation. Companies fight this tendency by re-fracturing the source rock (thereby reusing the same well once its productivity falls too low) or by drilling longer and longer laterals.

These methods have increased the total output per wellhead, but also gave rise to steel pipe and fracking fluid demand. Again, just as with sweet spots, once we run out of these once highly productive wells, it looks increasingly unlikely that we can repeat the same feat with other wells drilled on anywhere less then prime acreage.

https://thehonestsorcerer.substack.com/p/bye-bye-saudi-america

Fast Eddy
Fast Eddy
1 year ago
Reply to  PapaDave

US Natural Gas Production is Plummeting

Natural gas production is plummeting—a condition noted by almost no analysts. Between December 2023 and May 2024, U.S. dry gas supply has contracted by a notable 5 billion cubic feet per day—a nearly 5% reduction. On a year-over-year basis, the decline stands at 2.2 bcf/d. The drawdown is the sharpest since the shale revolution began, excluding the 2020 COVID year. Both shale and conventional production have taken a hit, with shale output diminishing by 2.1 bcf/d and conventional sources plummeting by 2.8 bcf/d over the last five months.

In the history of shale production, the current year marks the first-ever non-COVID-related year-on-year decline, with the shales recording a reduction of 1.9 bcf/d as of May. The Marcellus, the once-mighty giant, has seen its production fall by 1.1 bcf/d since December, while the Haynesville has shed 500 mmcf/d. The Permian Basin still stands as the lone growth exception, eking out a modest gain of 265 mmcf/d over the same period. 

https://blog.gorozen.com/blog/us-natural-gas-production-is-plummeting

PapaDave
PapaDave
1 year ago
Reply to  Fast Eddy

Nope. Old data. Both US oil and Gas production hit new all time highs in December.

Last edited 1 year ago by PapaDave
Fast Eddy
Fast Eddy
1 year ago
Reply to  Phil

The looming gas crisis facing the West

For decades, Norway has been Britain’s leading source of imported energy.

However, that relationship may be set to come under strain after the Scandinavian nation warned that its vast oil and gas fields are in decline.

The threat of dwindling production would herald a potential energy crisis for the UK, which last year relied on Norway for half its gas and a quarter of its oil.

According to a new report from the Norwegian Offshore Directorate (NOD), the country’s oil and gas supplies peaked last year and are expected to dwindle from now on. 

https://blog.gorozen.com/blog/natural-resources-q3-2024

Last edited 1 year ago by Fast Eddy
Pokercat
Pokercat
1 year ago

I think it’s obvious to almost everyone that tariffs are a bad idea. However, if one is determined to place tariffs on products that are determined to be unfairly produced overseas I think the way to do it that might make some kind of sense would be widget specific.
For instance every finished product would be taxed at the additional amount it would cost to produce that product under our labor regulations, minimum wage and environmental costs.
So widget one cost $1.00 to make in China, but in the US that identical widget would cost $1.75 to produce add $.75 tax to each widget imported and you’ve leveled the playing field. Final sale price is a different animal as one company may choose to operate at a smaller profit margin. American companies should have a natural advantage in having less shipping costs. This system would be just as inflationary but might be considered fair for American businesses.
That’s not what these tariffs are, they are arbitrary numbers generated by who knows what.
On the other hand American corporations could cut costs and create equality among employees if they limited the highest paid employees to not more than 12 times their lowest paid employee. I might not be as good at golf but I bet I can manage as well as any CEO in America and play poker much better than most.

Albert
Albert
1 year ago
Reply to  Pokercat

You don’t want us to have banana and coffee plantations? This shows a true lack of patriotism!

Pokercat
Pokercat
1 year ago
Reply to  Albert

I think Montana or Minnesota would be perfect for coffee, bananas in New England.

bmcc
bmcc
1 year ago
Reply to  Pokercat

as long as marijuana is grown in norcal and supplies the mexican cartel and old hippies with profits……

KPStaufen
KPStaufen
1 year ago
Reply to  Pokercat

That would make too much sense, even though I mostly disagree with such a tariff structure. Differentials in labor costs across the globe will always exist and, to a large extent, have always been present. It is just a recent phenomenon that logistical costs have reduced the friction to move goods worldwide. Before that, transportation costs were a significant equalizer between local and foreign market production costs. The downside is that advanced economies have lost low-value-added manufacturing, but developing economies and populations have gained wealth, and consumer economies have been created that otherwise would not have existed for the advanced economies to which high-value-added products are sold.

bmcc
bmcc
1 year ago
Reply to  KPStaufen

i don’t think that holds up to reality of history. many parts of the world were more interconnected by trading of goods in past centuries.

KPStaufen
KPStaufen
1 year ago
Reply to  bmcc

“More interconnected by trading in past centuries” – No, not true. I said above that there was global trading in past centuries, but this trading occurred to deliver products unique to specific geographies, and those products, due to scarcity and transportation costs, were luxury items and not consumed by the majority of populations.

Thetenyear
Thetenyear
1 year ago

DOGE him
Primary him
And don’t give special tax breaks to countries that set up production in Texas.

Stu
Stu
1 year ago
Reply to  Thetenyear

Don’t hurt Texas, just because they have a snake amongst them. Get rid of the Snake!

bmcc
bmcc
1 year ago
Reply to  Stu

pro tip from repubic of plato. socrates and plato explained and warned us, that assholes will elect assholes. TX folks that keep electing Cruz are just assholes. reality is a tough pill to swallow for assholes usually.

+888
+888
1 year ago
Reply to  bmcc

Neo Demosthene

Robert Paulson
Robert Paulson
1 year ago
Reply to  Thetenyear

Burn the witch

Thetenyear
Thetenyear
1 year ago

Hey Ted,

If tariffs are so bad why does nearly every country in the world tariff products made in the US? To all other tariff haters, where is the inflation and depression from foreign countries tariffing the crap out of the US all these years?

PapaDave
PapaDave
1 year ago
Reply to  Thetenyear

Your premise is wrong. Most countries have tariffs, but the vast majority of tariffs apply to certain imported products, not specifically to US products. It is simply wrong to say that the US is being targeted. Most tariffs are put in place to protect domestic companies.

The US does the same.

For example, the US has had a 25% tariff on imported pickup trucks since 1965. This was done to protect US auto companies. Not to harm other countries.
It doesn’t matter what country they come from. We didn’t target any one country; just the product.

Occasionally, though rarely, tariffs ARE applied to a specific product from a specific country.

For example, the US has had a 14.5% tariff on Canadian softwood lumber for decades. This was raised to 34.5% last week.

And sometimes, countries agree on quotas and reciprocal tariffs through a trade agreement. Trump negotiated USMCA and was proud of getting more access to Canada’s dairy market. The US has access to 3.6% of Canada’s dairy market tariff free. And yet we don’t even sell them that 3.6%. The USMCA allows Canada access to less than 1% of the US dairy market. Both countries charge huge tariffs for imports over agreed levels. But neither country has ever had to pay those tariffs.

The same goes for autos. The USMCA has no tariffs on Canada or Mexico autos if they meet minimum standards for US content.

Thetenyear
Thetenyear
1 year ago
Reply to  PapaDave

You are proving my point. If tariffs are so bad that Trump is going to crash the world economy they why hasn’t the current tariff structure crashed the economy?

PapaDave
PapaDave
1 year ago
Reply to  Thetenyear

Lol!

“If tariffs are so bad that Trump is going to crash the world economy then why hasn’t the current tariff structure crashed the economy?”

1. The current tariff structure has not crashed the economy because 97% of world trade is tariff free. Tariffs are just a tiny part of world trade, including in the US. You are being fooled by Trump’s rhetoric.

2. On the other hand, Trump’s idea is to put tariffs on 97% of what the US is importing, an increase from the current 3% And some of those tariffs are substantial. This will make US companies who need those imported inputs at a big competitive disadvantage. This will hurt the US economy more than the world economy.

bmcc
bmcc
1 year ago
Reply to  PapaDave

take a look at this and see that china and usa are in the top 20 LEAST open trading countries by percentage terms. https://en.wikipedia.org/wiki/List_of_countries_by_trade-to-GDP_ratio

PapaDave
PapaDave
1 year ago
Reply to  bmcc

It isn’t necessarily a function of “open”. That is more a function of the size of the domestic economy. Countries like China, the US, and India will trade less as a percentage of gdp than much smaller countries.

Trade is actually a small percentage of the US economy. It seems odd to be willing to sacrifice the rest of the economy in order to gain a little bit on trade.

Phil
Phil
1 year ago
Reply to  Thetenyear

That’s some black and white thinking there hombre… he tried to explain the scale & context to you, it’s not a f**ing on/off switch

Albert
Albert
1 year ago
Reply to  Thetenyear

The answer is that Ted Cruz is able to read the US customs code (when his prefrontal cortex is operating).

Blurtman
Blurtman
1 year ago

Don’t touch my Social Security, Medicare, or the stock market!

Richard
Richard
1 year ago

It’s all about risk. Trump believes it’s worth the risk. When power shifts and it will (nothing new) I’ll adjust to the next set of executive orders. I’m expecting a democratic reversal by 2028, too. My expectations compared to what actually happens isn’t that great though. All this effort to fix everything and take care of everybody is causing everybody to fend for themselves. Which is some of what I think the goal should be. People finally realizing socialism is not righteous after all. It is not really better than capitalism. It’s not even more caring or empathetic than capitalism, imo. Oh well. Our problem is mostly socialism! We can’t hardly get along anymore. How do you fix socialistic problems; more socialism. Write a law and transfer some money, make a speech, that’ll fix everything. Definitely need to move money around and spend more. We are trapped!

Albert
Albert
1 year ago
Reply to  Richard

Free trade is about competition, the opposite of socialism. All that America is telling the world is that it is sick of having to compete with people who are better at manufacturing.

Phil
Phil
1 year ago
Reply to  Richard

What risk to Trump… he spent the weekend on the golf course he owns
He’s happy to sacrifice your life for whatever dumb thing he believes today

Last edited 1 year ago by Phil
Michael Engel
Michael Engel
1 year ago

The death of globalization reduces oil prices. Gold is oversold. Senator Cruz is against goldilocks. He might lose his job. The Germans are pouring in money into the PGH area. The Europeans invest in the US for their own future. Tariffs charge rent. Lesbians, transgenders, gays, bisexual and queers poured into NYC streets. They are not Trump’s tenants. He doesn’t care. He played golf.

Last edited 1 year ago by Michael Engel
PapaDave
PapaDave
1 year ago
Reply to  Michael Engel

Globalization is not dead. Global trade grew from $32 T in 2023 to $33 T in 2024.

The US may be isolating itself from the rest of the world, but the rest of the world will still trade with each other, because it is advantageous for them to do so.

Demand for all energy continues to grow. Including oil. Though natural gas demand is growing much faster.

The cure for low oil prices, is low oil prices (like all commodities).

Pokercat
Pokercat
1 year ago
Reply to  PapaDave

And China just dropped American LNG for Australian LNG, good job trump.

PapaDave
PapaDave
1 year ago
Reply to  Pokercat

I expect a lot of countries will be switching from US goods to those from other countries wherever it is practical to do so. As long as Trump keeps his worldwide tariff war going.

Pokercat
Pokercat
1 year ago
Reply to  Michael Engel

NEWS FLASH Trump died on the third fairway….sorry I fell asleep while watching tv and that must have been a dream…damn.

MPO45v2
MPO45v2
1 year ago

The few senators defecting now are the trickle in the dam before it bursts. Anti-trump momentum is building across America and as I have said many times, Trump will be history at the end of his term and it’s an open field for the GOP as to who runs the show next but it wont matter because the economy will be in tatters.

Trump and GOP will get 100% of the blame. 100%

Pokercat
Pokercat
1 year ago
Reply to  MPO45v2

100% of the blame. As they deserve.

bmcc
bmcc
1 year ago
Reply to  MPO45v2

i share your sentiments but reality won’t be so. MAGA cult have been fixed like geldings. they’ll be lighting vigils of candles when the old asshole is in prison or dead. like charlie manson cult outside his court or prison. study cults. that is normal behaviour. it’s north korea style adulation. it’s quite fun and interesting to watch. have compassion. these folks have the brains and balls of a petting zoo animals. pet them and speak softly. they are scared.

Pokercat
Pokercat
1 year ago
Reply to  bmcc

They are mentally ill but may snap out of it when Trump dies or commands them to follow him and pay the six dollars for their cup of poison kool aide, I just hope he doesn’t take too long. As for the MAGA = AINO (American In Name Only).

bmcc
bmcc
1 year ago
Reply to  MPO45v2

Trump doesn’t care. he’s a perfectly pure 100% Nihilist. why amerikans elected him. amerikans are nihilists. just the reality of the empire. who we bombing in May? persia or china or greenland or panama or canada.

Jojo
Jojo
1 year ago

If there is one thing that will engineer a GOP wipeout, it is inflation and higher prices. And that is what is in the queue with Trump’s Tariffs.

Higher prices are likely for these 10 grocery items when tariffs hit

By Scott Neuman

April 4, 2025

A trip to the grocery or liquor store is about to become even more expensive, economists say, following the latest round of import tariffs announced by President Trump on Wednesday. Those tariffs — taxes paid by businesses on goods from abroad — come on the heels of a previous round aimed specifically at Canada, Mexico and China.

Prices for items such as seafood, coffee, wine, nuts and cheese are all expected to rise. And if you’re tempted to grab a candy bar while you’re in the checkout line, you’ll probably have to pay more for that as well.

Food industry analyst Phil Lempert, also the editor of supermarketguru.com, estimates that with the latest tariffs added onto the import taxes already imposed on grocery items from China, Canada and Mexico, “probably almost half of the products in a supermarket — about 40,000 products — will be affected by these tariffs, whether it’s the entire product or just an ingredient.”

Joseph Balagtas, a professor of agricultural economics at Purdue University, says food prices will also be affected by other factors related to tariffs, such as higher costs for fertilizer from Canada and a weaker U.S. dollar.

“A main takeaway here is that the country-specific, food-specific tariffs will not tell the whole story,” he says. “This is such a big change in policy that there will be broader implications.

http://npr.org/2025/04/04/nx-s1-5351324/tariffs-higher-grocery-prices-trump

MPO45v2
MPO45v2
1 year ago
Reply to  Jojo

A couple of years ago, I warned people to stock up on rice, beans, and canned goods. A few scoffed if I recall correctly but we’re getting closer to permanent food shortages. Between the climate “hoax” of flash flood, droughts, aberrant weather, and now kinetic war & tariff trade wars, the hunger will come.

Mark Cuban is telling people to stock up now so just wait for the panic buying to set in.

https://www.cnbc.com/2025/04/03/trump-tariffs-experts-warn-not-to-panic-shop.html

I have tons of vacuum packed rice, beans and canned goods.

The next shoe to drop in coming years are electricity and energy shortages but it’s hard to stock up on those.

Flavia
Flavia
1 year ago
Reply to  MPO45v2

Everyone I know is stocking up their pantries. Quietly, and just following their instincts that shortages are coming.
Why would a politician interfere with supply chains?

bmcc
bmcc
1 year ago
Reply to  Flavia

cruelty is the benefit to assholes like trump and musk and jd etc…………they for sure shorted stocks as they knew the deal was way worse than we thought.

Jojo
Jojo
1 year ago
Reply to  MPO45v2

I bought extra chocolate bars yesterday!

bmcc
bmcc
1 year ago
Reply to  MPO45v2

i live in a hood called little haiti. my neighbors won’t blink in a great depression. they already have lived through hell and eat rice and beans everyday with extended families. i doubt they will even know anything is actually wrong. much safer than to be around nit wits born on 3rd base afraid to lose their houses or pensions…………

Thetenyear
Thetenyear
1 year ago
Reply to  Jojo

Two flaws: These so called “experts” have been wrong about everything AND they are assuming that tariffs(on all sides) will not be negotiated away.

Jojo
Jojo
1 year ago
Reply to  Thetenyear

Let’s assume that we go to Musk’s idea of zero tariffs for everyone. That would seem to put a large hole in Trump’s idea of tariff collections allowing him to replace the income tax. Please explain.

A D
A D
1 year ago

Mister Mish, how does this translate much to Trump’s base who elected him ?

According to Yahoo Finance in 2024, the top 10% of Americans own 93% of the stock market. How many of them voted for Trump ?

And there is recent news that the top 10% account for 50% of consumer spending.

So how does this translate to losing a lot of Trump supporters when a vast majority are not in the top 10% ?

Jojo
Jojo
1 year ago
Reply to  A D

But that remaining 7% covers a lot of $$billions for all the smaller people who have small stock portfolios, have 401k’s or whose companies have pension funds invested in the market.

Anthony
Anthony
1 year ago
Reply to  A D

Trump’s base didn’t elect him. Swing voters did. Many voted for Biden in 2020.

This is how elections are won, at the margins, in swing vote states. In our electoral system it doesnt matter if he energizes his base and wins Alabama by an extra 5%.

Your stats are misleading. 62% of Americans own stocks either directly or in 401K plans, IRAs, and it’s important for them.

Frosty
Frosty
1 year ago
Reply to  Anthony

Spot on, many of us have worked hard and sacrificed to build our economic security. We are not billionaires but we live well and ethically. Our values include trust and honesty.

PapaDave
PapaDave
1 year ago
Reply to  A D

Some of Trump’s base includes Farmers in South Dakota. They are not very happy with Trump’s tariffs.

https://www-cbc-ca.cdn.ampproject.org/v/s/www.cbc.ca/amp/1.7502342?amp_js_v=0.1&amp_gsa=1#webview=1&cap=swipe

Anthony
Anthony
1 year ago
Reply to  PapaDave

i am sure for everyone willing to speak publicly, there’s 1000 who are too afraid to speak up. get kicked out of their church or something.

Doug78
Doug78
1 year ago

Unlike Rubio Ted was not included in the Trump’s team so his role in all this game of thrones is to be a support character in the Senate. Sometimes support characters grumble when the feel they are too far away from the decision-making when they feel they should be if not part of the process, at least be informed as to what is going on. In Ted’s case I would hazard to guess that he wants to know how the negotiations on the the tariffs with other countries is progressing. We know there are negotiations going on (France is aiming to have the same tariff regime as the UK) and this is Ted’s way of telling Trump that he needs something so he can show he is in the loop.

Limey
Limey
1 year ago
Reply to  Doug78

the same tariff regime as the UK? The USA has a trading surplus with the UK and the Netherlands and still we get 10%. Regardless of what the spineless Starmer agrees with Tramp I am boycotting USA sourced products now and for the rest of my life.Starting this week my Paypal account will be shut, this company is a Trump donor.
Amazon is next in my sights.
I will not fly on a US airline again, normally used AA but no more.
Governor Newson has asked people to exempt CA from tariffs, as the party of woke and responsible for Tramps rise to power I will boycott all CA fruit and agricultural products.
The USA will pay a price. I would rather go with out.

Limey
Limey
1 year ago
Reply to  Limey

Looks like Senator Ted has fired a Cruz missile at Tramp.

Limey
Limey
1 year ago
Reply to  Limey

he needs to watch his back or he could find himself deported to Mexistan.

Sentient
Sentient
1 year ago
Reply to  Limey

Does Mexico allow thespians? I still want to look into whether his dad killed JFK.

bmcc
bmcc
1 year ago
Reply to  Limey

Ted Cruz and Rubio are cubans. i think sleeper commie cells. deportation is too kind for those low lives.

Doug78
Doug78
1 year ago
Reply to  Limey

I bet you are Welsh.

limey
limey
1 year ago
Reply to  Doug78

No, a very angry Englishman.
And I bet with your Trumpcentric views you’re from the midwest, Iowa or similar. I don’t detect any east or west coast liberal here.

As an aside, I see American Airlines share price has halved since Tramps inauguration, as Papa D says, what a show!!!

Last edited 1 year ago by limey
Sentient
Sentient
1 year ago
Reply to  limey

You should be angrier at the UK government for being part of Five Eyes. If they cared as much about the British people as they do about staging false flags in Bucha or blowing up the Kerch bridge things might be better.

PapaDave
PapaDave
1 year ago
Reply to  limey

Hi Limey.

Yes. It’s the Greatest Show on Earth! A 3 ring circus show full of clowns!

Only a few days in and it is far exceeding my expectations.

A group of tech and finance folks is heading to Mar a Lago to try to talk to Trump and get him to back down on his tariffs. I hope he holds firm. I want this to play out as long as possible so we can all see the results of this economic policy.

US importers just started paying the new tariffs on Saturday. And some tariffs won’t kick in for a few days or weeks. It is going to take some time to see how this plays out in the US economy.

I expect the North American auto industry to be mostly shut down within 2 weeks. Manufacturing will slowly grind to a halt.

On the plus side, consumers are rushing to buy big ticket items like cars, appliances and TVs before they go up in price or are unavailable. A little short term boost to the economy

Internationally we are burning all our bridges and pissing everyone off (you are an example of that). The long term impact could be substantial and last for years.

Trump’s supporters here are giddy as they talk about the benefits that are coming. They seem to believe what Trump is telling them. That tariffs will bring back manufacturing and good jobs; pay off the 1.8 T deficit and 33 T debt; eliminate 5 T in annual income taxes; make SS and Medicare solvent; secure the border; bring in the new Golden Age.

They say that we should give tariffs a chance to work. I agree. We should let the tariffs run as long as possible to see what actually will happen.

Though I suspect that Trump might declare victory and cave at any time.

However, as you point out, even if he caves, there will be long-term impacts from pissing off the rest of the world.

bmcc
bmcc
1 year ago
Reply to  limey

we breed morons here in idiocracy from coast to coast. i’ve lived all over the empire. from NYC to CA to SC to AZ…………….it’s our specialty. morons and assholes. we might make a market exporting them someday. the chinese will wave the white flag. worse than the opium wars. export assholes. i’ll be the asshole czar assistant undersecretary.

limey
limey
1 year ago
Reply to  bmcc

You sent two here already, Ellen Degenerate and her friend. I saw another on tv in the US, goes by the name of Maddows, another sounds Scandinavian, Carlson. Much as I would like to sound like a superior Brit, there’s no shortage of home grown ass wipes here too.

bmcc
bmcc
1 year ago
Reply to  Doug78

old dougie is a dick.

bmcc
bmcc
1 year ago
Reply to  Limey

i concur. as an EU and USA citizen residing now in the empire(the locals in amerika don’t get the irony) state of NY, i will try my best to avoid amerikan products and purchase foreign goods. if the nazis of the R and D uniparty keep marching and bombing the world, i’ll just relocate to warmer and nicer parts of the MED i cherish the most. new zealand and OZ are also quite lovely. canada a short train ride away from so many loved ones here in NYC and hudson valley.

Anon1970
Anon1970
1 year ago
Reply to  Limey

So go without.

KGB
KGB
1 year ago

Americans have the same amount to spend. If import prices go up 25% then Americans will purchase 25% fewer widgets unless they buy American made widgets. Buy American and you see no inflation at all. Buy American and another American has a job and money to spend that would have gone to a foreigner. What’s not to like?

Neil
Neil
1 year ago
Reply to  KGB

Buy american and you see inflation by definition, because prices will be higher for the same quality. If the American Made option was equally cheap to begin with, there would be no reason to protect an inefficiënt industry to begin with.

And of course: whoever you bought that product of, spends the dollars in the USA again, creating jobs. Those jobs will disappear with tariffs. The only difference is that it might not be very clear who exactly is losing their job this way, so it’s less visible. But not less painful.

Sentient
Sentient
1 year ago
Reply to  Neil

…and if we don’t allow unfettered invasion by uneducated illegals strawberries will cost $4 instead of $3.

Jojo
Jojo
1 year ago
Reply to  KGB

American made is usually poorer quality. It’s hard to manufacture something with one hand because the other hand is holding a cell phone. China doesn’t allow use of cellphones at work.

Thetenyear
Thetenyear
1 year ago
Reply to  Jojo

Nor does any manufacturing plant in the US.

Sentient
Sentient
1 year ago
Reply to  Jojo

They do provide nets to catch workers who jump off factories. So there’s that.

Jojo
Jojo
1 year ago
Reply to  Sentient

I understand that China’s workers do so 6/days/week with 12 hour shifts. I think they get 2 30 min breaks daily. If we did this in the USA, then we would need the nets also.

Anthony
Anthony
1 year ago
Reply to  KGB

American labor costs more than 25% higher, or even 50% higher, than labor in China or Vietnam. And that’s not including the money companies will need to get back for building factories, buying equipment.

Many companies will go bankrupt. There isn’t enough of a demand for $30 socks or $50 T-shirts. Hanes, based on North Carolina is not going to survive, or if it is, it will be selling a lot less.

selling fewer widgets or socks will hurt Amerian jobs. Trucking, railroads, delivery people, all that industry, and the businesses that sell them their vehicles etc… will suffer. You think some truck driver, dock crane operator, logistics engineer, is going to be making more money making T-Shirts?

you can’t just undo what undertaken by the whole world for decades and which has trillions in investments and infrastructure in place, even if doing it was wrong. the cost of dismantling everything, and rebuliding what you need, is not feasible.

Sentient
Sentient
1 year ago
Reply to  Anthony

I can’t say you’re wrong. You might be right in the aggregate, but what was undertaken over decades didn’t happen in a world of tariff parity. The Europeons are bellyaching because our tariffs will now match theirs. Why shouldn’t the US charge the same 49% tariff on imports from Vietnam that they’d been charging on US goods?

Anthony
Anthony
1 year ago
Reply to  Sentient

because Vietnam is a small country, much poorer than the US, whose citizenry isn’t going to buy a ton of US stuff to begin with. How many Vietnamese do you imagine are buying US SUVs, tariffs or no? Ditto for most of Asia (inc India). If Vietnam eliminates all tariffs, it will not create a single job in the US.

People make too much of the trade imbalance. the US exported $3.2 trillion, and imported $4.1 trillion. the absolute amounts matter more than the delta. if the US now imports 1 trillion and and exports 2, we’d have a massive trade surplus, right? and we’d be much poorer.

Also I don’t entirely trust Trump’s numbers because he is a proven liar on this: he talked about Canadian dairy tariffs, which never kicked in because under the agreement he negotiate those don’t kick in until a certain level of US importation into Canada is reached and it has never been reached.

The US manipulates trade and economics in its favor a million different ways, starting with subsidies on ag goods, and forcing the world’s hand on monetary and fiscal policy based on our size and the fact that the dollar is so important.

And if he wanted tariff parity there was a way to do that without this chaos. Gradually, with long runway to implementation and negotiation. I don’t for a second doubt that Trump’s family and closest friends knew in advance what was coming and acted on it.

And do you think Europeans, Canadians are going to buy US goods if this is resolved? Europe will be buying from Airbus, not Boeing . regular people are avoiding US products if they can help it. These bullying aggressive steps and the accompanying rhetoric have made the US brand toxic, and it will take many years to win that back, even if the tariffs are resolved tomorrow. i bet Ford couldn’t give cars away in Europe or Canada right now.

Trump is a bullying sadist. he did it this way so he can then say countries are crawling back to make deals, as NYPOst already said about Vietnam. he’s doing this because he can, relying on X, and the Fox media empire to spin it as him using his strength to bend the world to his will.

PapaDave
PapaDave
1 year ago
Reply to  Anthony

Agree. Well said.

KGB
KGB
1 year ago
Reply to  Anthony

Companies may go bankrupt because they foolishly exported manufacturing not because of tariffs.

PapaDave
PapaDave
1 year ago
Reply to  KGB

Nope. Anthony is correct.

peelo
peelo
1 year ago
Reply to  KGB

But they still go bankrupt. Who cares at that point what cause we attribute it to?

peelo
peelo
1 year ago
Reply to  KGB

Except that total autarky has never worked for any nation ever. There is that. China withdrew from the world and missed modernity. It was a basket case for centuries.

Phil
Phil
1 year ago
Reply to  KGB

Except for the bit where world trade provides the US with 10 million of object x, while domestic production is limited to 100k of object x, so 9,900,000 people will have to just pony up for the import price or go without… until some imaginary time in the future where a shrinking US work force is suddenly retooled to build object x, and the other thousands of items suddenly priced higher as imports.

Albert
Albert
1 year ago

The NYT reports that while Americans lost $5 trillion of their stock market savings due to the 4/2 tariff disaster, President Trump was busy at his golf course collecting Saudi contributions to bolster his personal accounts. How can the NYT be so mean?

A D
A D
1 year ago
Reply to  Albert

The top 10% own 93% of stocks. A majority of the top 10% are Democrats.

And the top 10% account for 50% of consumer spending.

Cutting government jobs and spending which significantly impact the most wealthy areas of the USA such as in Northern Virginia and Maryland naturally will be met with protests (and hopefully not AntiFa-style riots and domestic terrorism).

peelo
peelo
1 year ago
Reply to  A D

Re-shoring will mean robot factories. Robot truck drivers, etc. AI will be in everything. All those left-behind Hillbilly Elegy voters will not be qualified, much less at competitive rates.

KGB
KGB
1 year ago
Reply to  Albert

The New York Times counts paper losses and would gladly tax unrealized capital gains. Consider the source. New York is a cultural, criminal, and intellectual cesspool.

Albert
Albert
1 year ago
Reply to  KGB

I may be wrong, but isn’t that where the current President learned to operate?

Anon1970
Anon1970
1 year ago
Reply to  Albert

Yes, he did grow up in NYC.

gerhard
gerhard
1 year ago

Its been 3 days. Three.

And the stock market is NOT the economy. Nobody bellached like this for 30 years of deindustrialization of the US heartland.

Hell, they gloated and tried to shove in Haitians. What a telling myopia right now.

Anthony
Anthony
1 year ago
Reply to  gerhard

yes, THREE, and already trillions n wealth is wiped out. Stock market leads the economy. in THREE months, we’ll see massive real world effects with runaway unemployment.

Sentient
Sentient
1 year ago
Reply to  Anthony

“Wiped out”. Imagine setting policy based on the vagaries of the stock market. A telling myopia indeed.

Anthony
Anthony
1 year ago
Reply to  Sentient

it’s not myopia, it reflect s the reality that the stock market is made up of companies that account for massive employment in the US and reflect, and drive, the economy.

Trump himself has cited the performance of the market as reflective of his good business policies. of course, now that his policies are having the opposite effect he and cult fanatics are saying the market doesn’t matter. it does matter.

peelo
peelo
1 year ago
Reply to  Anthony

Many companies are seeing their bonds and credit ratings dropping. Many who were “high-yield” credits or distressed are now on the edge. Airlines and retailers are nervous. A lot depends on whether there is some spring back, pretty soon for many firms.

Thetenyear
Thetenyear
1 year ago
Reply to  Anthony

So every ten percent drop over three days leads to runaway unemployment???

Anthony
Anthony
1 year ago
Reply to  Thetenyear

no, not every. this one does because this drop is based on the reality that tariffs will spark a recession, which will lead to unemployment.

Sentient
Sentient
1 year ago

There’s lots of risks in life, Ted. If you try to avoid all risks, you can’t do anything. If you live in fear of a stock market decline, you can’t be a leader. The 1987 crash didn’t stop the American people from voting a year later for the GOP presidential candidate for the third consecutive time. The worst thing Trump could do, politics-wise, would be to attack Iran.

Last edited 1 year ago by Sentient
Bridge
Bridge
1 year ago
Reply to  Sentient

Why did you and your kind not come out by the millions to fight back against the protests against Trump today? Millions and millions came out against him. Your folks are like…squeak!! So sad. So weak.

Sentient
Sentient
1 year ago
Reply to  Bridge

Why would I? I didn’t even know there were protests. Besides, who cares? Protests don’t do shit. The French protest practically every day and their government does what it wants anyway.

Limey
Limey
1 year ago
Reply to  Sentient

But it does solve the problem of what to do with all those worn out tyres.

bmcc
bmcc
1 year ago
Reply to  Sentient

i suppose the 4th of july in 1776 means nothing. you must have been home schooled.

limey
limey
1 year ago
Reply to  bmcc

wot is skool?

A D
A D
1 year ago
Reply to  Bridge

Yeah the protest message today was “hands off my Democrat gravy train” and “hands off the gross waste and fraud”

Limey
Limey
1 year ago
Reply to  Sentient

I miss all those ragheads on the streets of Tehran, shouting Death to the great Satan, Bring it on, bomb Iran.

peelo
peelo
1 year ago
Reply to  Sentient

1987 was a hiccup. It bounced back so fast, the slow were rewarded. And, the Fed piled in, the rollout of the now-hated Fed put, in a way it would be shy to, now. (That, by an Ayn Rand disciple!) Of course the ones basing on the Fed put now, will be screaming for it, if the shoe is on the other foot. We have yet to see what this is.

Last edited 1 year ago by peelo
KGB
KGB
1 year ago

No worries, Ted. We have voter ID and same day paper ballots. Dims will never win another election.

bmcc
bmcc
1 year ago

The CR was just a ruse to cover up the tariff shitshow. All Biden spending was extended plus another 6$ billion to the pentagon (probably for Israel). Cut the fucking budget. Congress needs to do their fucking job!!!

Casual Observer
Casual Observer
1 year ago
Reply to  bmcc

Debt has no constituent.

bmcc
bmcc
1 year ago

have you heard of bond salesmen and traders…….

A D
A D
1 year ago
Reply to  bmcc

Birdbrain Biden’s fiscal year 2023 and 2024 deficits were $1.65 trillion and $1.9 trillion.

I am hoping Trump can keep the 2025 deficit no more than $1.9 trillion as it will be the first time since 2000 that the deficit has not increased.

I would be happy for small improvements over Birdbrain Biden’s record.

Also manufacturing accounts for 10% of jobs. Maybe Trump can show an increase such as to 15% within the next 18 months, as that would be a tangible gain or victory besides reducing the trade deficit which was around $920 billion last year.

peelo
peelo
1 year ago
Reply to  A D

It is easy to pull future projections out of the air. The protesters, in their way, are doing it too, just as capriciously. We. Shall. See.

Guy Phillips
Guy Phillips
1 year ago

Like President Herbert Hoover got wrongly blamed for the Great Depression, President Trump, too, shall get all of the blame when The Everything Bubble explodes like a 100 megaton nuclear bomb and deadly economic fallout blankets the entire globe. Trump only deserves part of the blame.

The tariffs merely constitute the pin for which the Everything Bubble was searching for. Got it? Ted? Really, every single one of the 535 members of the House and Senate are responsible for the Everything Bubble. Some more than others, but they all ride the DC Gravy Train…. Some of those clowns have been part of the 535 for decades, yet they only made everything worse. Of course, Trump is also responsible, but not completely. This House of Cards been being built for a long time. And me thinks it’s finally ready to come crashing down.

Why? Why do we have an American Empire that’s become a House of Cards?

The majority of the voters want their Socialist Security and their Marxist Medicare and Medicaid. The voters allowed trillions to be wasted on war(s) that never brought “democracy to the Middle East” as was promised. The voters didn’t demand fiscal responsibility and balanced budgets.They did nothing to stop thr massive credit expansion. Voters allowed Ted Cruz and the other 534 to kick the can year after year. No term limits. No limits on waste, fraud, abuse, corruption and duplicity. No gold standard. Just paper with pictures of dead presidents. Once the dimwitted voters allowed paper to be substituted for gold and silver and copper is when the really smart ones (e.g., Ayn Rand) knew the country was doomed. It was only a matter of time….. and it looks like time is finally almost up.

And now The Day of Reckoning is finally drawing near. And Ted Cruz wants to run for and be president in 2028. So Ted is going to distance himself from Trump, because Ted knows the SHTF and all that Trump can do about it at this point is implement expedient measures (e.g., hundreds of executive orders) and start unpopular wars, viz., trade wars and real wars… Ted and the other phoney full of baloney politicians don’t want to be held responsible. That’s Trump’s job.

Ted is worried about his political future. And he should be, because the Collectivist Clown Show is about to kick its last can. Not even The Donald is going to prevent the global recession/depression that’s about to ensue.

The little guy better prepare accordingly and act accordingly.

Albert
Albert
1 year ago
Reply to  Guy Phillips

Are you practicing for a comedy career?

Sentient
Sentient
1 year ago
Reply to  Guy Phillips

Ted Cruz is not a native born American. If he wants to be president he should have had a fake birth certificate made like Obama did.

Glory
Glory
1 year ago
Reply to  Sentient

He was born in Canada to an American citizen mother. He qualifies to be president.

peelo
peelo
1 year ago
Reply to  Glory

Especially if Canada becomes a vassal colony.

Anon1970
Anon1970
1 year ago
Reply to  peelo

Not on your nelly, as the Brits would say.

A D
A D
1 year ago
Reply to  Guy Phillips

Depends as at least housing has lost steam with prices at least staying the same for most zip codes while household income and wages go up a little such as 2% a year.

The S&P 500 is down about 18% so its cooled off some. Its valuation is nowhere near its valuation in 2000.

And the Federal Reserve has room to restart quantitative easing as it has been engaging quantitative tightening since 2022.

peelo
peelo
1 year ago
Reply to  Guy Phillips

Ted has “adjusted” his colors before. He tries to land on his feet, but isn’t very nimble. If this apocalypse you foresee happens, Ted will drop like a stone on the golf course, first day. He has nothing of the fiber for that kind of thing.

TEF
TEF
1 year ago

Monday is day 20 of 20 of the 3rd fractal of a SPX/QQQ 3 Feb 2025 8/19/20/13 day :: x/2-2,5x/2.5x/1.6x terminal growth and crash decay fractal series … this black Monday will be mischaracterized by some as a black swan event associated and in reality made much much worse by the Golden Age of American tariffs. Cruz’s mind is apparently registering Rand Paul’s Smoot-Hawley history lesson on Republican congressional success post tariffs.

TEF
TEF
1 year ago
Reply to  TEF

Black Mondays: 19 Oct 1987 and ?7 April 2025. The first occurred in a sharply ascending economy; the likely second is occurring at the end of a 13/32 of 33 year credit cycle …

Anon1970
Anon1970
1 year ago
Reply to  TEF

Please translate into simple English.

jhrodd
jhrodd
1 year ago

The Republicans have even more Palestinian blood on their hands than the Democrats. I can’t imagine why anyone would vote for these inhuman monsters.

Sunriver
Sunriver
1 year ago

Meet the new boss.

Same as the old boss.

Fortunately the facade that the United States can repay its obligations is nearing an end. The bills are coming due.

The clowns in DC have no concern for future generations. The debt proves that.

They only care about the Mag 7 scoreboard and getting rich after getting elected/nominated.

Activist/Cynic matters not.

Thetenyear
Thetenyear
1 year ago
Reply to  Sunriver

Looks to me like they are trying to drag the MAG. Agree, most don’t care if America gets destroyed as long as they are getting rich.

Augustine
Augustine
1 year ago

At least Ted has good survival skills and is sticking out a wet finger in the wind.

Bridge
Bridge
1 year ago
Reply to  Augustine

For all the endless misery the right wing in this country seems to suffer from…never have I seen them capable of a serious protest against the American left. The January 6th coup attempt was the first time I’ve ever seen them collect as a group in a meaningful number. But, that was in the grand scheme of things, still a pitiful number. If conservative America has been so damn upset for decades…they just don’t seem to have the balls to protest. Weak. I guess they weren’t that unhappy with the way things were going for them, at all. Looks like they just needed a big bad daddy to protect them and over throw the existing government. To scared up until now.

bmcc
bmcc
1 year ago
Reply to  Bridge

modern amerikan men are soft and weak. a great thing really. we were all born on 3rd base the past 85 years. this is good. there won’t any civil war unless you count big gulps and medicare scooter rallies, or wiping feces on walls like apes. MAGA are also stupid besides being soft. they didn’t bring gasoline and a match to jan 6th. at least antifa boys fight a bit. thank heavens amerikans are fat and soft. we can have a nice little secession of 50 state solution as the empire crumbles under debt and over stretched idiotic department of war………with no problems inside our 50 states. hell even when ussr crumbled there were some skirmeshes and bombings etc in some state houses………..but no big war. folks don’t mind when empires croak out.

Replenish
Replenish
1 year ago
Reply to  Bridge

The Greater Reset community is an interesting response to some of these shared miseries. The gist is that the endless gaslighting and trolling from both parties to divide and distract from value extraction and exploitation has created a rainbow coalition of agrarian conservatives, independents, permaculturalists, holistic practitioners and everyday people who are working on relocalization, resilience and replenishment.

After being an activist, musician and cause head for over 20 years as well as a defiant survivor of modern Cointelpro, a state of permanent recovery from addiction, victimhood, trauma-based personality change and ritual abuse has restored my senses, opened my heart and helped me set healthy boundaries. Take a suggestion.. you dont have to live in a state of fear, isolation and resentment anymore. Find your people and stay in the solution. Thanks for reading!

Last edited 1 year ago by Replenish
Bridge
Bridge
1 year ago
Reply to  Replenish

I appreciate your sentiment. I’m still asking the question… why don’t the right in this country have the ability to gather millions to protest? Also, today would have been a good day for trumps supporters to show their loyalty to him. They did not. Why?

bmcc
bmcc
1 year ago
Reply to  Bridge

they need the order from Zion Don Zedong. if he asked them to do it they will. he’s working on his five year plan and the great leap forward after that. the maga cult will have plenty of orders to follow. have faith. he’ll ask the kids to rat out their parents. that was fun in 1966. the red brigade

Bridge
Bridge
1 year ago
Reply to  Bridge

replenish… you haven’t answered the question. Where are your people? So weak you all are. Today your kind could have defended Trump. It was well known, that that millions were coming out to protest your man. You couldn’t manage a protest of your own. You never can.

Bill
Bill
1 year ago
Reply to  Bridge

I didn’t know the well-funded protests were happening. We voted November 5th, that was our protest, and it counted.

Bill
Bill
1 year ago
Reply to  Bridge

Because we did that November 5th

Bridge
Bridge
1 year ago
Reply to  Bill

You did not accept that in November of 2020. And…you are not capable of a nationwide gathering of support for Trump. Ever! Conservatives are so weak. I’ve never in my life seen you folks gather in the streets to support your kind. You fail. It’s almost like you don’t exist. Decades and decades and you have only managed some KKK rallies, a gathering of Nazis at the Madison Square Gardens in February of 1939 and that’s pretty much your capacity. We can’t forget your attempt on 1/6 to over throw our government…but sure…elections.

I’m back robbyrob
I’m back robbyrob
1 year ago
Reply to  Bridge

Kitchen table politics. Late night pillow talk with Mom and Dad about how to pay the rent with all the other bills getting higher. People who were promised a real change are now visiting the local food bank on the regular, and meeting their neighbors there. This is reporting from the street, where men are scraping Trump stickers off their truck, and bitching at the bar about prices for everything from diapers to donuts to diesel fuel. No one in this neck of the woods is the least bit shy about saying they feel like a rube. They’ve seen the bearded lady at the MAGA circus, and feel jipped for ever buying a ticket. They are punching up at Trump, and that’s the news.

Flavia
Flavia
1 year ago
Reply to  Bridge

I think MAGA’s roots were formed in the Great Financial Crisis (c. 2009).
A few yrs later, they found their spokesperson, Trump.

Bridge
Bridge
1 year ago
Reply to  Augustine

For all the endless misery and complaining of right wing conservative Americans…I don’t understand their inability to attract protest crowds. I’ve watched this for decades. If the rightwing really is so miserable and they want to dismantle our country…why don’t they protest? I mean millions of right wingers should be in the street defending Trump and his tariffs. Where the f**k are they? It’s quite peculiar. I’ve been watching this country for decades. The right fails at protesting. Always shocking because they are so miserable and have so much to complain about. Very strange indeed.

Bridge
Bridge
1 year ago
Reply to  Bridge

Didn’t mean to send two comments. Still stand by the curious lack of the right to protest in any real numbers.

Bridge
Bridge
1 year ago
Reply to  Bridge

Truth hurts -1

Robert Paulson
Robert Paulson
1 year ago
Reply to  Bridge

Most of them are too fat to walk very far or stand for very long.

Bridge
Bridge
1 year ago
Reply to  Robert Paulson

This has been going on for decades. They surely could walk before they got fat, several decades ago. I’m asking a very serious question…why can’t and why don’t the right wing protest in this country? Are they all scared?

Bridge
Bridge
1 year ago
Reply to  Bridge

There is no history of right wing protests in this country. Literally, why are you miserable f**ks incapable of a fight on your own? I literally feel the left has all the balls in this country. Decades and decades of you people not showing up for a fight. And yet…Trump is your alpha male. Good god!!

Bridge
Bridge
1 year ago
Reply to  Bridge

Truth hurts. I know.

Bridge
Bridge
1 year ago
Reply to  Bridge

I think I killed the thread. Ha! No answer for the rights ability to protest and fight back on their own. They need a daddy. Oh well! When you are telling the truth to the right… they get confused.

peelo
peelo
1 year ago
Reply to  Bridge

How many times are you going to repeat this? Are you off your meds?

Flavia
Flavia
1 year ago
Reply to  Augustine

Ha ha! Yes, he can change his coat color on a dime.

peelo
peelo
1 year ago
Reply to  Flavia

Cruz always seemed contrived to me. He comes out as passionate, but it is carefully constructed.

Flavia
Flavia
1 year ago
Reply to  peelo

His timing is usually off, revealing his nature.

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