Tuesday, February 28, 2023

Donald Trump Is A Stupid Man

And you can’t fix stupid.
"I will implement a bold series of reforms to completely eliminate dependence on China,” Trump says, phasing out imports from China including electronics, steel and pharmaceuticals. 
Trump also promises to “ease in a system of universal baseline tariffs on most foreign products. On top of this, higher tariffs will increase incrementally depending on how much individual foreign countries devalue their currency.” 
Demonstrating that he still does not underhand how tariffs work, Trump claims his plan will bring “trillions and trillions of dollars pouring into the United States treasury from foreign countries.” 
... 
In the full video posted to his Truth Social platform Trump falsely claims that when he was President “China paid to the United States hundreds of billions of dollars and no other president got ten cents, legitimately, ten cents.”

Trump thinks tariffs are paid by governments to governments. He doesn’t understand they act like a tax on imported goods, paid by the consumer to the government.

He fills in his ignorance by imagining the “hundreds of billions of dollars” his tariffs brought to the Treasury. Such ignorance is impenetrable, and has no business being behind the Resolute desk of the Oval Office.

And this is such a neatly crystallized example of the fact.

Then again, so is this:

They’re definitely eating the crayons πŸ–️.

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