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https://ca.yahoo.com/finance/news/three-stooges-running-us-economy-183444655.html
The article is worth reading; I've included the first part below:
Commerce Secretary Wilbur Ross is a sycophant.
The White House trade adviser Peter Navarro is a sycophant.
And now, in an effort to please the president of the United States, they will put on a show in the White House, billed as one about the US economy, of which they are all now in charge.
But it will really be a show about victimization, revenge, and some really good sound bites. That's the kind Donald Trump likes.
There will be no facts. There will be fewer figures. They'll tell Americans that trade wars "are easy to win" and have no consequences. They'll say debt and deficits don't matter. They'll say whatever Trump, who thinks people still get milk from the "local milk people," tells them to say.
The healthy debate Trump claims to foster in his White House is part of the joke. The debates will all end in agreement with him, and that means we're in danger of starting a trade war that could spike prices at a time when the economy is already inflating.
Nyuck, nyuck, nyuck.
The article is worth reading; I've included the first part below:
- With Gary Cohn out at the White House, President Donald Trump can run the economy like the slapstick show he's always wanted.
- The stars are Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, and Trump's top trade adviser, Peter Navarro.
- These three stooges will surely provide the protectionist antics that make their boss laugh, but they're a danger to the US economy.
Commerce Secretary Wilbur Ross is a sycophant.
The White House trade adviser Peter Navarro is a sycophant.
And now, in an effort to please the president of the United States, they will put on a show in the White House, billed as one about the US economy, of which they are all now in charge.
But it will really be a show about victimization, revenge, and some really good sound bites. That's the kind Donald Trump likes.
There will be no facts. There will be fewer figures. They'll tell Americans that trade wars "are easy to win" and have no consequences. They'll say debt and deficits don't matter. They'll say whatever Trump, who thinks people still get milk from the "local milk people," tells them to say.
The healthy debate Trump claims to foster in his White House is part of the joke. The debates will all end in agreement with him, and that means we're in danger of starting a trade war that could spike prices at a time when the economy is already inflating.
Nyuck, nyuck, nyuck.