Whoever thinks they're an economist in the WH should 'Resign in Disgrace': Expert slams tariffs

[MagaSmash]

[Wiz Imp]

1. But, But, But....

Just yesterday, Karoline Leavitt insisted: "Every economist agrees we will be rich beyond our wildest dreams"

You mean she was lying?

Also, in that clip, Lutnick lied (big surprise ). He said the stock market increased 88% during Trump's first term. It actually increased far less than that (69.6%) and was bested by Obama in his first term and Clinton in both terms.

https://www.investopedia.com/presidents-and-their-impact-on-the-stock-market-4587369

[flashman13]

2. The only thing that the people in the White House are good at is kissing Trump's ass.

[LiberalArkie]

3. Lay odds it was a script kiddy of Musks. As there wasn't any research done it was just a math equation.

The formula used to calculate President Donald Trump’s new batch of tariffs announced Wednesday is based on dividing the U.S.’s trade deficit with a given country divided by their total exports to the U.S. A memo from the office of the U.S. trade representative acknowledged this was the methodology used because it was too “complex, if not impossible” to calculate the full extent of each country’s U.S. trade policies.


https://www.msn.com/en-us/money/markets/trump-s-tariff-numbers-appear-to-have-been-calculated-through-a-simple-math-formula-which-works-with-every-single-country-on-the-list/ar-AA1CfoKS?ocid=BingNewsSerp

[Bev54]

4. In contrast Canada's PM Carney is a world renowned

Economist with a doctorate.