Hinderaker overnight writes that maybe Trump’s tariffs were smart policy… given that the markets have largely recovered from the first down-draft when he announced them.
This is just preposterous.
John is trying to justify his having previously said that Trump was a “serious president”.
In point of fact, his tariffs have been chaos and have now been ruled three times to be unlawful.
And one of them is an appellate court of three judges.
[Hinderaker himself earlier said he thought them to be unlawful.]
So the most logical explanation for the recovery of the markets is that the markets are imbued with crowd-sourced savvy… and reflect the considered wisdom of millions of sophisticates — who well-knew that his tariffs would never stick.
What a dunce Hinderaker is!
Other than chaos, the tariffs have achieved nothing, and to say that they were “smart” is to assume that they have run their course…
Actually, they’ve barely gotten started (and will be halted in October — by the Supremes —forever!) and the mess has been crystal clear.
So… I’m leaving Vermont by jet… after a great ten days… of summer’s end fam vacay… tonight.
Out.
Powerline Lies... 