Comment by JumpCrisscross
1 month ago
> he must feel like this helps him politically somehow, but I can't figure out how
Distracts from a tariff-ravaged economy and the Epstein files. Potentially lets him funnel defence spending to allies.
1 month ago
> he must feel like this helps him politically somehow, but I can't figure out how
Distracts from a tariff-ravaged economy and the Epstein files. Potentially lets him funnel defence spending to allies.
> Potentially lets him funnel defence spending to allies.
it won't have any
even the UK has decided not to support the US regime on this one
> it won't have any
Political allies. David Sacks, et cetera.
Genuinely curious: what stats back up “tariff-ravaged economy”? S&P is essentially at an all-time high
And how much of that is felt by real-world people?
The insane stock price of Nvidia & friends due to them passing around billions between each other doesn't matter even the slightest bit when your family business is going bankrupt.
> what stats back up “tariff-ravaged economy”? S&P is essentially at an all-time high
Production is good, you're right. Where Trump is feeling electoral pain is in cost of living. It's why the U.S. has started lifting "tariffs on bananas, coffee and dozens of other food-related items" [1].
[1] https://www.wsj.com/economy/trade/trump-tariff-exemptions-fo...
Unemployment and inflation numbers are probably more important indicators of economic health for most people than the stock market. The stock market might be good for the capital-owning class though.