Trumpenomics
-
Damnit. I really needed $21,308.
-
US Trade Deficit Hits Record High Despite Tariffs
US goods imports continued to outpace its exports last year, sending the country's trade deficit to a new high despite sweeping tariffs introduced by US President Donald Trump.
The gap between the value of goods imported into the US and American products sold to other countries widened by 2.1% compared to 2024, hitting roughly $1.2 trillion (£890bn), official figures show.
The rise emerged despite a sharp drop in trade with China, one of the earliest targets of the tariffs.
The gap runs counter to one of the White House's key aims which is to reduce the deficit, arguing that US reliance on overseas goods has hollowed out the country's production abilities and put national security at risk.
-
Quarter look at how things are going since the election. Blue numbers are tentative.
-
“It’s the most number-free budget we’ve seen in recent history,” said Maya MacGuineas, the president of the bipartisan Committee for a Responsible Federal Budget ...
... referring to the latest federal budget proposal by Trump.
-
All is not bad news.
The March jobs report indicates that the U.S. economy added 178,000 jobs, with the unemployment rate decreasing to 4.3%. Job gains were primarily in healthcare, construction, and transportation sectors.
-
How bad do his ratings have to be before he stops blaming losses on election fraud?
Obviously, this is a rhetorical question.
-
From your perspective, you should at least acknowledge a gradual erosion of his "base" as the poll numbers drop and as his previous supporters abandon him over the Iran war. It's easy to point and laugh at how dumb the base is when you're redefining it daily as it gets whittled down to some combination of people who really do align with his decisions and those who simply agree with whatever he says. (The latter are not represented in any mainstream media I'm familiar with.)
Education is extremely important.
-
It’s not clear to me how much of that erosion has been from true believers vs lesser-evil voters or, in the pundit space, grifters. We have evidence for example that Tucker never believed Trump won the 2020 election (though that evidence comes from an unreliable source- Tucker himself).
The percentage of people who believe he won the 2020 election is very similar to the percentage rate that view him favorably on the economy and the Iran war. That’s probably more or less the same group of people.
-
Yeah, it's probably erosion of clumps of sand on a hard MAGA granite rock. It's actually remarkable how many true believers have ditched him lately (e.g., Carlson), or perhaps he knows the Trump era is over in 2.5 years and it's time to start moving on. Unfortunately during the next election the Trump influence will likely still be there like an awkward coworker who doesn't leave your office after the conversation is clearly over.
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login