Tariffs...what to make of them.

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I don't see tRUMP bullying China. Both economies are so outsized relative to the rest of the world that consequences for each would rebound to the other. Economic mutually assured destruction. Canada may be a different story.

He missed the class at Wharton where they taught about trade policy being bilateral due to nascent diversity filters.

Time 4 the Friday meme:

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Email received from SSA. Wouldn't it be nice if it were actually true? Too bad that is not what the BBB says.


The Social Security Administration (SSA) is celebrating the passage of the One Big, Beautiful Bill, a landmark piece of legislation that delivers long-awaited tax relief to millions of older Americans.

The bill ensures that nearly 90% of Social Security beneficiaries will no longer pay federal income taxes on their benefits, providing meaningful and immediate relief to seniors who have spent a lifetime contributing to our nation's economy....
 
MAGA has infiltrated every arm of the federal government. It's really astounding. With each passing event it becomes easier to compare to the rise of Nazi Germany. Did you see the thing that got those repubs against the bill to agree, was they made the medicaid cuts kick in in 2027, just after the midterm elections?! And dumb america won't even notice. Also, back to tariff talk, how ironic is it the the fed chair said they would've lowered interest rates, something the trump desperately wants, had it not been for the trump tariffs and the unpredictability of their constantly changing roll out and the affect on the global financial world.
 
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