Hinderaker defended tariffs, 2017 to 2021. But only now — now, that he sees Trump is killing the US economy, and the GOP anew… will he speak up, against the world trading dynamics doofus, and this truly illiterate, wrinkly orange old loon:

…I watched some of President Trump’s speech today. It included at least one howler: he blamed the Great Depression on a lack of tariffs. This was simply bizarre. Most economists say that the Smoot-Hawley Tariff Act of 1930, which drastically increased tariffs, was one of the principal causes of the Depression in the U.S. [This is simply] Trump’s… gross historical ignorance… since whatever afflicted the early 1930s, it certainly was NOT a lack of tariffs….

Japan is actively angling to become the world’s gold standard / reserve / haven currency — since Tangerine 2.0 is hell-bent on destroying the US dollar’s might. Even so, Japanese stocks are falling now, during the now open and regular Asian trading day.

[Trump apparently — and vacuously so — thinks he can have some form of crypto-(?!) take the US dollar’s place — and that would be a “currency” he might try to control, outside any governmental structure.

But that — like his “build the wall; get Mexico to pay for it!”, in his iteration 1.0 (2017-2020) — is a fools’ errand. It will never happen.]

So, yes — the Japanese Yen may be a haven of safety for the next few months — if Trump is stupid enough to leave these tariffs in place, John.

It sure would have been better if Hinderaker and the boys at Powerline — and Ringside — had walked Trump back, off of this insanity.

But only now… as they see their net worth in the stock markets evaporating… will they admit they backed a barking madman.

Geez.