You might think it an Onion headline -- but no, it is the capitalists' paper of record.
The WSJ. And the NYT. Crazy.
Both are reporting that Trump is this morning threatening US automakers, immediately after he personally raised their cost of goods sold by an additional 25%. . . to NOT pass along the cost increases.
Someone should tell him how Nixon's wage and price controls worked out. [They didn't.]
And here's a novel concept: if as preznit, you don't want base-model US pickup trucks to cost north of $110,000, at the dealership. . . ROLL BACK YOUR STUPID A$$ TARIFFS on parts coming across the border from Mexico and Canada.
Damn.
This is simply. . . a clown show now. And to be clear, the preszit (after Reagan era legislation) is largely forbidden from setting prices (or wages) in any retail US market.
So the automakers ought to give him exactly what his Nineteenth Century bass-ackwards tariff policies contemplate: ~$110,000 per base model US pickup truck -- at the dealership, to Joe Sixpack.
It would be hilarious. . . if it wasn't so tragically. . . sad. He's a loon.
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3 comments:
An $80k tow pig like that is not a base model truck, for what it's worth. The 'work truck' trims start substantially below that.
Thankfully, I’m no longer a partner at an AmLaw 100 lawfirm, so I don’t have to face the possibility of a deranged sociopath/autocrat trying to tell a private business whom they may or may not represent.
His “deals” are almost certainly unlawful, and are certainly repugnant to the idea of ordered liberty… at law.
That said — if I was the chair of the managing partnership committee, I might sign the hundred million dollar pledge, nominally take on the work… And use the “Harvard principle”… That is, to do the work… incompetently. Not obviously incompetently, but just below average enough that whatever Tangerine’s goal was… It wouldn’t really be achieved. Whether it was deporting people without process, or extracting bribes from foreign nations, or threatening our allies with legal process… I’d slow walk him.
There are many ways to make it look like you’re doing diligent work while at the same time not actually achieving the crazy results he seeks.
Sort of a stealthy resistance.
But as I say, I am thankful that this is no longer my problem. I will only ever handle matters I believe in — for people I respect. That’s the benefit of being retired more or less…
Cheers!
I hear you… But the point remains: he says he is doing things for the working class… All while creating a slush fund so that he can pay tax cuts to billionaires.
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