From a certain POV the tariff war is madness. From another it's the tactic of prematurely triggering an economic ambush before the West is in the kill zone.
— wretchardthecat (@wretchardthecat) April 15, 2025
From a certain POV the tariff war is madness. From another it's the tactic of prematurely triggering an economic ambush before the West is in the kill zone.
— wretchardthecat (@wretchardthecat) April 15, 2025
đš JUST IN: Treasury Secretary Bessent announces up to 70 COUNTRIES have now reached out to President Trump to negotiate on trade
IN LESS THAN A WEEK! đ„
Trump âgave himself maximum negotiating leverage â and just when he has achieved the maximum leverage, he's willing to start⊠pic.twitter.com/DtEhFiPin5
— Nick Sortor (@nicksortor) April 7, 2025
Just a reminder that the âexpertsâ criticizing @POTUSâ trade policies are the same people who sold out the American Worker by shipping manufacturing jobs overseas. https://t.co/ZpP0npw2zo
— Secretary Lori Chavez-DeRemer (@SecretaryLCD) April 7, 2025
BREAKING: Inflation has fallen to 1.22%, per Truflation.
I voted for this! pic.twitter.com/1uqHz6TRPU
— Ian Jaeger (@IanJaeger29) April 6, 2025
The first entity to establish a Mars colony will be the universeâs first trillionaire.
Lately, weâve had a lot of puddlefish whining about how âweâ shouldnât go to Mars. Some of them actually think they get a vote, based on economic illiteracy and the delusion that SpaceX is somehow part of the US federal government. [Closed caption for the hard-of-thinking: it isnât.]
But others just think they are giving good investment advice… SpaceX investors can do what they want, but Mars is a frozen wasteland full of nothing but near-vacuum and rocks.
So why would anyone want to go there?
Elon Musk likes to answer this question by pointing out that itâs not a good idea to store all humanity’s eggs in one basket. Heâs right, but this kind of argument isnât comprehensible to everyone, nor is it the full picture.
So now itâs the SF writerâs turn.
And therefore I present to you…
Get the government out of the way as Milei did, and this can happen in the USA, too. https://t.co/dO5dbkqM6Q
— Tara Servatius (@TaraServatius) November 17, 2024
I can only stand just so much of this joy….
đš Just in! đš
President-elect Donald Trump has picked Liberty Energy CEO Chris Wright for Secretary of Energy. đĄ
Wright has been an outspoken critic of the âclimate crisisâ narrative and is a fossil fuel advocate. After all, he is CEO of a fracking company. đąïž
He has alsoâŠ
â Chris Martz (@ChrisMartzWX) November 16, 2024
Metaphor Alertâą
A few days ago, Janet Yellen was answering: "How concerned are you about the long term status of the dollar?"
The US Treasury Department sign fell off. pic.twitter.com/S9tDjqyXAb
— unusual_whales (@unusual_whales) October 28, 2024
Consumer Prices Surge To New Record High https://t.co/mIvivaILPe
— zerohedge (@zerohedge) October 10, 2024
When they lack even the least amount of respect for our intelligence.
Ignore what you are literally experiencing. Ignore your bank accountsâŠâŠYellen says thatâs not happening.
Yellen claims victory on inflation: "Families are getting ahead."
— Spitfire (@DogRightGirl) September 26, 2024
More word salad.
The Question is…"We'd really love to know what your plan is to lower the cost of living?"
Listen to Kamala's answer… pic.twitter.com/6dq2ivGk0y
— Sebastian Gorka DrG (@SebGorka) September 20, 2024
Harris-Biden inner circle have almost no business experience â no wonder Americans are hurting
In her one and only interview of the presidential campaign, Kamala Harris claimed she is âvery proudâ of the economy she and Joe Biden have presided over for almost four years.
Her rosy view of their management of inflation echoes Bidenâs tone-deaf boasts about what a great job heâs done, while Americans struggle to pay for groceries.
âIâm very proud of the work that we have done that has brought inflation down to less than 3%,â Harris told CNN last week.
Considering they inherited an inflation rate of 1.4%, and their reckless spending propelled it to a peak of 9.1% in June 2022, thatâs not exactly something to boast about.
Harris said she is âproudâ of the Biden administrationâs record on the economy. Will Lanzoni/CNN
Biden and Harris ignored warnings that the $1.9 trillion âAmerican Rescueâ spending package would overstimulate the economy at precisely the wrong time, just as we were emerging from pandemic lockdowns in March 2021.
Their reckless disregard of economic reality turbocharged consumption and drove inflation to 40-year highs.
But at least Harris had the sense not to declare Bidenomics a âsuccessâ when prompted to do so by interviewer Dana Bash.
âThereâs more to do,â she admitted. âBut thatâs good work.â
What exactly that âgood workâ would entail is a mystery, considering Harris still doesnât have a single policy on her website, refuses to do interviews like a normal candidate, and is relying on compliant journalists to walk back her most whacky ideas.
But what policies she has divulged so far are not promising: Soviet-style price controls to address food inflation â which she attributes to âprice gougingâ â and $25,000 handouts to first home buyers which will simply push up the price of real estate are two of her brain explosions.
In her embarrassingly brief CNN interview, to which she insisted on bringing wingman Tim Walz for emotional support, Harris muttered something vague about an âopportunity economyâ being her âday oneâ priority.
But nobody has a clue what she means. One way of assessing how a Harris presidency would affect the economy is to look at the economic competence of her advisers and other administration personnel, many of whom are likely to play a role if she is elected.
Alarmingly, a new report titled âAmateur Hourâ from the Committee to Unleash Prosperity shows that most of the administrationâs top officials have zero experience in business.
Economists Stephen Moore and Jon Decker have analyzed the work records and résumés of the top 66 officials who deal with economic policy, regulation, commerce, energy and finance and found 58 percent have virtually no business experience.
That includes Biden, Harris and Vice Presidential nominee Walz, none of whom has worked off the public teat. (A dubious tale Harris once told about working at McDonaldâs while in college doesnât count.)
Moore and Decker found that the average business experience of administration appointees is only 3.1 years and the median years of business experience is a big fat zero.
âThe vast majority of the Biden-Harris economic/commerce team members are professional politicians, lawyers, academics, community organizers, or government employees.â
Only 12% of Biden-Harris appointees have extensive business experience, defined as 10 or more years in the private sector.
âAmateur Hourâ is an update of a similar report Moore and Decker produced in 2022, but this time they have focused on six of Harrisâ economic and finance advisers and found they have a âdisturbingly low level of business/finance background . . .
âThe total number of years of business experience for these top six staffers was 14.
âThey combined for an average of 2.3 years and, once again, the median was zero years.â
Only one of the top six Harris appointees, her chief of staff, Lorraine Voles, had extensive business experience and only two had any business experience at all.
The average business experience of Biden-Harris appointees is well behind the record of President Donald Trumpâs cabinet officials during his last year in office, who had an average of 13 years of business experience.
A new report from the Committee to Unleash Prosperity found that most of the Biden-Harris administrationâs top officials have little to no business experience. Ron Sachs â CNP for NY Post
âIf history is any guide, it is likely that if Kamala Harris is elected president, many if not most of the Biden top officials will have positions of power in her administration â though possibly in different appointments and agencies âŠ
âBased on the personnel that Harris has surrounded herself with, we would expect a continuation of the anti-business agenda that we have seen under Biden â and perhaps worse.â
Without management experience or economic competence, key officials in the administration have bungled their portfolios.
The authors single out Transportation Secretary Pete Buttigieg, the former small town mayor of South Bend, Indiana, who has presided over a $6 billion program to build half a million electric vehicle stations â which has produced fewer than 20.
The report highlighted Transportation Secretary Pete Buttigiegâs failure to build promised electric vehicle charging stations. Ron Sachs â CNP for NY Post
Energy Secretary Jennifer Granholm, the former Michigan governor, âhas had a hard time with reporters even citing very basic energy statistics that calls into question her familiarity with the critical national energy issues she is overseeing.â
Granholm has said that she doesnât have âa magic wandâ to deal with rising gasoline and home heating costs, but her department has âhelped kill vital pipelines and energy production and drilling facilities that could [help] alleviate the crisis.â
Secretary of Health and Human Services Xavier Becerra, a lawyer with little business or health care experience âbotched the billion-dollar program for free COVID testing kits and has de-emphasized treatments for COVID that could have saved lives.â
Many Biden-Harris officials seem to be more interested in pursuing progressive social policies objectives than in expanding the economy, the authors say.
Neera Tanden, the head of the Domestic Policy Council, career experience is solely in political campaigns and nonprofits. AP Photo/Susan Walsh, File
For example, Lail Brainard, Bidenâs choice as vice-chairman of the Federal Reserve Board, âwants climate change and gender equity issues to be concerns and priorities of the nationâs central bank [and] wants banks to stop lending to oil and gas companies.â
Phillip Jefferson, an economist at Davidson College, is now Vice Chair of the Federal Reserve Board with no private sector experience. âThis might explain why the Fed has failed in its mission over the past four years to keep inflation low and the dollar stable.â
Neera Tanden, who heads the administrationâs Domestic Policy Council, has spent her entire career working for political campaigns and nonprofits.
Moore and Decker point to a few exceptions, such as Bidenâs newish chief of staff Jeff Zients, who has over two decades of experience in venture capital, tech, and health care, and Secretary of Commerce Gina Raimondo, who worked for 11 years as a successful venture capitalist.
Secretary of Commerce Gina Raimondo recently claimed she wasnât familiar with the Bureau of Labor Statisticsâ downward revision of its recent jobs report. Ron Sachs â CNP for NY Post
However, Raimondo beclowned herself last month when she told ABC News she wasnât âfamiliarâ with the Bureau of Labor statistics downwards revision to its latest jobs report of a staggering 800,000 jobs. Raimondo tried to claim it was âmisinformationâ from Trump.
Doubling down on the administrationâs progressive proclivity for wealth redistribution, higher tax rates on the rich, more regulation, more social welfare and climate-centric energy policies, a President Harris is a bleak prospect for the countryâs economic wellbeing.
Polls show most Americans believe the economy is headed in the wrong direction, but thereâs no hope on the horizon if she wins.
If they’re pushing such disconnected message, perhaps it’s because their brains (what they have of them) are disconnected from reality
If Biden Saved the Economy, Why Do We Need Price Controls?
Democrats are pushing a jarringly disconnected economic message.
Biden “recovered all those millions of jobs that [Donald] Trump watched slip away,” Sen. Dick Durbin (DâIll.) declared. Biden “rebuilt the economy” after the pandemic put it “flat on its back,” intoned Sen. Chris Coons (DâConn.), a longtime Biden stan.
Biden himself put the cherry on top. “We’ve had one of the most extraordinary four years of progress ever,” the president said. “We gone from economic crisis to the strongest economy in the entire world,” he claimed, pointing to job creation figures, economic growth, higher wages, and “inflation down, way down, and continuing to go down.”
If so, someone should probably tell Vice President Kamala Harris about all that.
Just four days ago, Harris outlined plans for gigantic government interventions in the economy, including price controls. In what was billed as the first major policy speech of her hastily assembled campaign, Harris promised to implement the “first-ever federal ban on price gouging on food and groceries” and to take other actions to empower the federal government to “bring down costs.”
(There’s been some debate in the days since her speech about whether it is fair to say Harris has called for price controls, but economist Brian Albretch has laid out clearly why she in fact did, writing that “any policy that gives the government the power to decide what price increases are ‘fair’ or ‘unfair’ is effectively a price control system. It doesn’t matter if you call it ‘anti-gouging,’ ‘fair pricing,’ or ‘consumer protection’âthe effect is the same. When bureaucrats, not markets, determine acceptable prices, we’re dealing with price controls.”)
When you lose CNN……….
You know Kamala's economic plan is total trash when even CNN destroys it! đ€Łđ€Łđ€Ł
"Weâve seen this kind of thing tried in lots of other countries before. Venezuela, Argentina, the Soviet Union…it leads to shortages" and would "cause a lot of harm." pic.twitter.com/rY7W5k1NMn
— Tim Young (@TimRunsHisMouth) August 16, 2024
The article claims she is “proposing the first-ever federal ban on “corporate price-gouging in the food and grocery industries” but we remember the Nixon and Carter years and the chaos those price controls caused. But she is unburdened by what has been so I guess that means sheâŠ
â The Ox (@888ox888) August 15, 2024
Do we need to spell it out in crayon for you? Things will NOT get better under Kamala Harris.
Biden was basically a test run to see what they could get away with. Do we really want to find out what theyâre truly capable of?
Iâm voting Trump. đșđž pic.twitter.com/uX2x6VQOSA
â â„â„â„á°oáȘáȘieâ„â„â„ (@mollie_don) August 10, 2024
There are no property rights in the United StatesâŠat least, none that the State deigns to honor.
Do you remember Teresa Ghilarducci? I do. Any American who has a 401(k), an IRA, or some equivalent should know about her and her chief ambition:
    Democrats in the U.S. House have been conducting hearings on proposals to confiscate workersâ personal retirement accounts â including 401(k)s and IRAs â and convert them to accounts managed by the Social Security Administration.
    Triggered by the financial crisis the past two months, the hearings reportedly were meant to stem losses incurred by many workers and retirees whose 401(k) and IRA balances have been shrinking rapidly.
    The testimony of Teresa Ghilarducci, professor of economic policy analysis at the New School for Social Research in New York, in hearings Oct. 7 drew the most attention and criticism. Testifying for the House Committee on Education and Labor, Ghilarducci proposed that the government eliminate tax breaks for 401(k) and similar retirement accounts, such as IRAs, and confiscate workersâ retirement plan accounts and convert them to universal Guaranteed Retirement Accounts (GRAs) managed by the Social Security AdministrationâŠ.
    The current retirement system, Ghilarducci said, âexacerbates income and wealth inequalitiesâ because tax breaks for voluntary retirement accounts are âskewed to the wealthy because it is easier for them to save, and because they receive bigger tax breaks when they do.ââŠ
    All workers would have 5 percent of their annual pay deducted from their paychecks and deposited to the GRA. They would still be paying Social Security and Medicare taxes, as would the employers. The GRA contribution would be shared equally by the worker and the employee. Employers no longer would be able to write off their contributions. Any capital gains would be taxable year-on-year.
Socialists are forever talking about âinequalityâ (or in their more recent argot, âinequityâ) because it affords them a pretext for seizing our money and property in pursuit of their agenda. Itâs well established historically that âinequalityâ increases under socialism, but theyâd rather we didnât notice that. At any rate, they constantly seek rationales under which to âredistributeâ what weâve earned and saved. We must all be equally poor â except for our loving rulers, of course. Anything else would be âunfair!â
Translation: "The establishment needs another scapegoat to hide their deliberate actions to destroy the US economy "
"China China China" to be uploaded to NPCs on the next OTA update.
— Ryan Tyre đșđž (@ryantyre) April 8, 2024