The Economist weighs in on Trump's economic insanity.... DailyKos

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https://www.dailykos.com/stories/2025/4/3/2314250/-The-Economist-weighs-in-on-Trump-s-economic-insanity?

The Economist weighs in on Trump's economic insanity

Dartagnan, author
by Dartagnan

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One day after Trump’s delusional press conference before an audience of similarly deluded sycophants, in which he proudly touted his justifications for imposing a battery of farcically-calculated tariffs upon the goods and services of most developed nations on the planet (Russia being curiously exempted), the editors of the Economist have weighed in on the all-but-certain ramifications of those tariffs:


If you failed to spot America being “looted, pillaged, raped and plundered by nations near and far” or it being cruelly denied a “turn to prosper”, then congratulations: you have a firmer grip on reality than the president of the United States. It’s hard to know which is more unsettling: that the leader of the free world could spout complete drivel about its most successful and admired economy. Or the fact that on April 2nd, spurred on by his delusions, Donald Trump announced the biggest break in America’s trade policy in over a century—and committed the most profound, harmful and unnecessary economic error in the modern era.

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