“Blew it” – Donald Trump goes completely off a cliff
Donald Trump is failing on every level. His chest beating over Iran is the stuff of eye rolls. His economic policies are so inept, they’ve managed to screw up the once-mighty Obama economy. He just backed off his psychotic ICE raids against immigrants, because he’s as wishy washy as he is evil. He’s the least popular president in history, and he’s clearly headed to prison the minute he’s out of office.
Suffice it to say that Trump isn’t taking his own downfall particularly well. Now that even his own Fed Chair is rebelling against his idiotic economic ideas, he’s lashing out accordingly: “Despite a Federal Reserve t{hat doesn’t know what it is doing – raised rates far too fast (very low inflation, other parts of world slowing, lowering & easing) & did large scale tightening, $50 Billion/month, we are on course to have one of the best Months of June in US history. Think of what it could have been if the Fed had gotten it right. Thousands of points higher on the Dow, and GDP in the 4’s or even 5’s. Now they stick, like a stubborn child, when we need rates cuts, & easing, to make up for what other countries are doing against us. Blew it!” To be clear, none of this is how economics works – at all.
But that’s not all. Donald Trump is also going out of his mind because no one is impressed with his Kindergarten-level antics in the Middle East, misspelling “Strait” along the way: “China gets 91% of its Oil from the Straight, Japan 62%, & many other countries likewise. So why are we protecting the shipping lanes for other countries (many years) for zero compensation. All of these countries should be protecting their own ships on what has always been a dangerous journey. We don’t even need to be there in that the U.S. has just become (by far) the largest producer of Energy anywhere in the world! The U.S. request for Iran is very simple – No Nuclear Weapons and No Further Sponsoring of Terror!” To be clear, this is the deal that Iran and Obama had already agreed to before Trump screwed it up.
