Thursday, May 09, 2019

Numb to the absurdity

While you can still find tweets and the occasional headline like this:

Trump shows he still doesn't grasp who bears the brunt of tariffs 

it's pretty incredible that we are watching a US President re-engaging in a trade war while making it abundantly clear that he still doesn't understand what he is doing (in that he doesn't understand tariffs, at all.)

How can any economist of any credibility defend a President so dumb as to not be able to absorb correction on this matter?  

The media (and much of the public) has become pretty much numb to the absurdity of the situation.

1 comment:

not trampis said...

Trump lacks badly in cognitive skills. He certainly has no idea of what occurs in a trade war not how financial markets react