Trump changes his tune on the economy

[Dulcinea]

(The Hill) President Trump is changing his tune on the economy, suggesting Americans should buy less and will probably pay more and bear the brunt of an uncertain economic landscape as his wide-ranging tariff policy takes effect.

Trump and his economic team have for weeks said the tariffs would result in only short-term pain and that the tumult in the stock market would eventually level out.

But the White House’s messaging has evolved from Trump on the campaign trail promising to lower prices and make America “wealthy” again to Trump suggesting the U.S. needs a cultural shift on consumer spending while accepting that his tariff plan will raise prices.

https://www.yahoo.com/news/trump-changes-tune-economy-100000073.html?.tsrc=daily_mail&segment_id=DY_VTO_CORE&ncid=crm_19908-1475736-20250508-0--A&bt_user_id=QU8QjY7ZKOQgbuZcGAO1s6afxv83ktppsV145FrHsMeTJhNyKmGhVEvqP0Mb1ayU&bt_ts=1746695301787

[C_U_L8R]

1. Fool me once, Fool me twice

MAGA Fools are determined to set the record on getting fooled by this clown.

[Bluetus]

8. You don't need all that money anyway

Yes, sounds like a winning message.

You don't need any Christmas gifts. Just give everyone good American pet rocks.

[forgotmylogin]

18. Nobody needs thirty dollars!

They can have three dollars, and should be happy with that, even though the dollars buy less.



(Which is the inverse of Donnies "moar moar MOAR - and paint it gold!" tendencies.)

[True Dough]

2. One thing is for sure,

MAGAts should buy less of Trump's bullshit!

[multigraincracker]

3. I suggest he figure it all out by the Midterms.

He may end up the lamest of lame ducks for his last 2 years.

[tanyev]

4. Americans should buy less....unless we're talking about all the crap he sells, amirite?

[IronLionZion]

5. They want a recession really badly

There was a disturbing article posted yesterday about MAGA incel losers wanting a recession to get rid of the jobs they were rejected for. They have a delusional insecure sense of why the jobs don't want them. They want the opposite of "rising tide lifts all boats". They want to see others sink to their level out of jealousy.

Weak Men Create Hard Times https://www.democraticunderground.com/100220300324

[underpants]

33. Jesus.

Thanks for the link.

[IronLionZion]

34. A lot of their nonsense makes sense after that

deplorable losers want to burn it all down because they don't have much to lose.

[usonian]

6. There's enough in this for several new FAFO flags.

Atomic batteries to power!

https://www.democraticunderground.com/100219770873

[crud]

7. Sounds like a winning message

not really...being sarcastic.

[DemMedic]

9. If at one time we were all "wealthy"

How does donny explain generational poverty?

[Kablooie]

10. America will be wealthier than ever

But the citizens will be poorer because all that tariff money pouring into the countries coffers are coming out of citizen’s pockets

[IbogaProject]

15. Not really

The Biden administration's economic success was from the progressive COVID income support spending and his two big spending bills. The second was hobbled by bought turncoats within our own party. The wealthy cant cause economic growth compared to giving pay check to pay check people more. Much different follow on effects the wealthy spend slower and often within their own class and or far away. These moves are loosing moves to our economic growth prospects. The last 40 was tech based that at least helped the top 30 to 40 %. This won't even be rhat good as the climate breakdown acclerates to leathal conditions for us, our food and our ecology.

[Attilatheblond]

16. One can hear 'Back in the USSR' as the US is marched toward feudalism

[patphil]

11. I believe they plan to deliberately bankrupt the middle and lower classes, while also depriving them of higher education

This is designed to take away hope for a better future.
They plan to use despair as a means of breaking the spirit of the people and transforming them into a docile working class; a class of serfs, just like they have in Russia, China, and North Korea.

[lark]

13. Ding, ding, ding - by Jove I think you've got it!

krasnov wants us to be russian style peasants existing in poverty, paying skyhigh prices for subsistence items, with no healthcare so we get sick and die and the rich steal all of our social security money.

[piddyprints]

12. We all knew

that he would take Joe Biden's economy, the envy of the world, and turn it into shit. The only ones who will be surprised, if they're too dumb to not have noticed yet, are MAGA. SMDH I keep hoping we'll wake up in the alternate universe where we have a competent president again and the orange idiot is 6 feet under.

[Attilatheblond]

14. Give him a rope to piss up. Too many people can't buy the food they need.

But, he's FINALLY admitting that his tariffs are causing unnecessary inflation and working people will suffer. Hope all the magas and non-voters remember this come the Mid-terms.

[Montauk6]

17. Same ol' belt-tightening austerity rhetoric from these piss-on I MEAN trickle-down stans

[Yo_Mama_Been_Loggin]

19. Do it for the poor billionaires

They all need another tax break.

[bdamomma]

26. Those

"poor billionaires" can choke on it.

[Warpy]

20. Expecting every citizen to pay an additional 25%+ in taxes on everything imported

from car parts to washing machines to coffee was going to pay for a hefty tax cut for billionaires.

He didn't expect it to kill imports, kill exports, implode the bond market, devalue the dollar, That made a lot of Republicans very unhappy. They hate it when their bullshit doesn't work, especially when the failure is both immediate and spectacular.

Ufortunately, they also tend to cling to that bullshit, so expect tweaking instead of the abandonment that needs to happen.

[underpants]

32. Odd how the press was talking about how everyday people were struggling

now it’s all theoretical. No man in the street stuff.

Project 2025 had a plan for cultural stuff but other than that there is no planning at all.

[Ol Janx Spirit]

21. Wait; what? We were clearly told that tariffs were going to pay for childcare for all Americans; eliminate...

...income taxes entirely; pay down the national debt; and, make everyone so rich they wouldn't know what to do with all of the money.... I'm definitely not a Turnip whisperer, but I don't remember any of his supporters saying, "what he really means is Christmas is going to suck and you can only have five pencils for the school year." Those of us who are not his supporters did warn of this reality, but I guess we just aren't privy to the higher-power-ordained-and-guided brilliance of it all.... /s

Coherence has never been a strong suit of F-47, but this tariff policy is incoherent even for him. The stated goals are even at odds with each other. If the goal is to eliminate trade deficits by opening up markets to American-made products then you have to negotiate the tariffs down to very low levels to encourage that trade. But if your goal is to bring back manufacturing to the US then you have to maintain very high tariffs for a very long time in order to force Americans to only buy goods made in America which will encourage manufactures to relocate here. Of course this also means prices go up and stay up as we lose access to goods made in far less expensive manufacturing markets. If your goal is to eliminate income taxes then you need to tariff every imported product at over 200% to even match current income tax revenues--much less exceed it and do other things like pay down the debt and make childcare free. Of course, in the process you decimate any American manufacturer that sold on the global market.

I guess he is getting his guidance from that totally real economist Ron Vara.... /s

[underpants]

30. Tariffs are meant to protect your domestic production I thought

Levying tariffs for production that doesn’t exist is crazy. Domestic production doesn’t exist (shoes phones etc) because that item would be too expensive and it would drain money for other products. We shop as an activity, almost like a hobby, “something to do”.

[Ol Janx Spirit]

39. Tariffs are just a form of economic warfare. As such they can do a lot of different things....

...including allowing "infant industries" to grow or even keep other countries from influencing your society. And until WWII America had some of the highest tariff rates in the world. But to your point: that was an entirely different world. It wasn't until post WWII that everyday America really developed an apatite for mass-produced products from all around the world. By the mid-1950s the shopping mall was on the rise. The next 70 years would see a worldwide industrial effort to get a dizzying array of products in front of consumers. Tariffs do not make nearly as much sense in this new world of interconnected manufacturing and consumerism. Our economy is now based largely on consumer spending by the middle class. It feels very much like we just went to economic war with our own economy out of a misguided belief in an economic world that no longer exists.

[FailureToCommunicate]

22. Ha! He's still sing the same ol' tune "Blame Biden, blame Biden, tra la tra la.."

Biden sez you can only have TWO dolls. Us zillionaires need more $$$

[chouchou]

23. "the White House's messaging has evolved". Oh Yes. Kinda' like falsehoods are "Evolving"

Like ..."We're working on a big beautiful Heath Care system that will make everybody healthy....and "Evolving"
Or.....Our team is working on that and will have it ready for (insert what ever blows out his ass) or.."Evolving"
Oh Brother...

[underpants]

31. There is no White House messaging it turns on a dime dependent on his whim

Then the messaging becomes to repeat (as usual) AND to exult him. Each one piles on top of each other escalating at each step….until he says something different…..

[chouchou]

36. What you say is true. I'm usually confused about the whole Trump reality.

It's so bizarre and all-over-the-place, I think of what the great physicist Richard Feynman said:
"If you think you understand quantum mechanics, you don't understand quantum mechanics"

[Torchlight]

24. His tacit admission the Trump Tax has begin trickling down onto the consumer.

Mr trump's next line: 'wait for the shake...'

[BidenRocks]

25. I needed some dental work done.

My dentist NEVER charged me regardless.
Today set me back $100 and next visit is $300.
He explained that the tariffs cut his ability to eat the bill.
Thanks chump you piece of shit!

[NoMoreRepugs]

27. Soon to become Biden instituted the tariffs and I'm fixing his catastrophe.

[Hassler]

28. Lap it up Magats. You always do.

Like the morons in North Carolina who blamed Biden for last year's hurricane response, but are now blaming "the government" for Chump not sending FEMA aid.

[underpants]

29. It sounds Soviet. Depress want/demand. He sounds like he's got some give up.

Okay Look etc. trying to cut it off or to the bottom line so he doesn’t have to talk about it anymore.

The fact that he thinks of dolls and pencils gives you an idea of how mis mind (isn’t) works. I don’t think my daughter ever had close to a total of 30 dolls.

[Midnight Writer]

35. He wants higher prices, he wants people to buy less, he wants fewer middle-class jobs.

He couldn't have come up with a better plan to destroy our economy if he was trying.

We truly are living in Bizzarro World.

[Grokenstein]

37. Why not, it worked on Britain.

"Austerity" and Brexit over there, "short-term pain" and "five pencils" here. "Sunlit uplands" and "spectacular results" will always be, in the words of Herbert Hoover, "just around the corner." Feces-polluted coastal waters and international pariah status, on the other hand, hits immediately.

[mdbl]

38. Taxing the magats even more

Thanks for voting for higher prices morons.

[PortTack]

40. The tariff money goes into a separate account at the US treasury that only he can spend

So no…he will not change his mind…greedy f..ker!