Trump Delivers Historically Illiterate Lecture on Tariffs

Source: InternetPopular3679

36 Comments

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  2. You might be wondering if the headline means that he displayed historic levels of illiteracy, or that he was illiterate regarding history. The answer is yes.

  3. One could make a strong argument that a very successful way to become an expert on tariffs would be to assume the opposite of everything he says is true.

    Come to think of it, I’m not sure I would restrict that to the topic of tariffs…

  4. “Trump delivers historically illiterate lecture…” could be the beginning of the sentence for any topic with this asshole.

  5. Negative_Gravitas on

    He’s just never right about anything, ever. When he’s not simply wrong, he’s lying. It’s both remarkable and horrific in its consistency.

  6. In 1964, Trump enrolled at Fordham University. Two years later, he transferred to the Wharton School of the University of Pennsylvania, graduating in May 1968 with a Bachelor of Science in economics.

    Guess he missed the lecture on tariffs. Hahahahhahaha

  7. *”a lifelong megalomaniac who lacks a basic understanding of government will somehow become amenable to reason is, at best, optimistic.”* Optimistic is as backwards as dumpydon’s stupid comments. The man’s an idiotic lowlife moron who will never see the reins of power again.

  8. “Trump either doesn’t mean it when he presents tariffs as an economic cure-all or that they can talk him out of it after the election.“ And this clown is tied with Harris for President. Says things he doesn’t mean or someone will talk him out of it. Yikes…

  9. ThickerSalmon14 on

    Concerning his idea to impose 1000% tariffs on imports in his speech today:

    Coffee is ground in the United States, and the country is the world’s largest consumer of coffee/

    While the US drinks more coffee than any other country, most of the coffee consumed in the US is imported from countries like Brazil, Colombia, and Switzerland. However, coffee is grown in some limited areas of the US, including Hawaii, Puerto Rico, and California. 

    Harris, please make an ad where you show what the cost of coffee will be after his 1000% tax increase? Yes 50$ coffee here we come!

  10. This is the best tl;dr I could make, [original](https://nymag.com/intelligencer/article/trump-tariffs-detroit-economic-club-history-revenue-smoot-hawley.html) reduced by 83%. (I’m a bot)
    *****
    > Trump proceeded to tell his audience that, contrary to popular belief that the U.S. imposed a tariff that worsened the Depression, in fact tariffs only came into use in 1932.

    > Many Republican elites believe that Trump either doesn't mean it when he presents tariffs as an economic cure-all or that they can talk him out of it after the election.

    > Trump would have unilateral power to impose tariffs through executive action; he does not need Congress.

    *****
    [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/1g0v2mq/trump_delivers_historically_illiterate_lecture_on/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ “Version 2.02, ~694882 tl;drs so far.”) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr “PM’s and comments are monitored, constructive feedback is welcome.”) | *Top* *keywords*: **tariff**^#1 **Trump**^#2 **understand**^#3 **economic**^#4 **think**^#5

  11. Truth doesn’t matter with MAGA. Pseudo facts are a MAGA tool that are used to fit into any narrative that they need to convey. They know that their minions have been propagandized, and this technique is very effective in motivating them.

  12. Okay MAGA, I’m about to tell you what’s going to happen if Trump gets elected.

    He will be in office 6 months before Vance and his Project 2025 cabinet pulls the 25th Amendment and then Project 2025 begins in earnest.

    Ken Paxton will be in the cabinet. ready to ram through a nationwide abortion ban.

    Clarence Thomas and Alito will retire and two
    Federalist Society judges will be seated at SCOTUS, denying any challenge to the extreme and un-American Project 2025 agenda.

    Trump has been a useful tool for the Heritage Foundation, a means to achieving what they’re worked towards since the 1950s. And no matter how much Trump tries to distance himself from Project 2025, there’s nothing he will be able to do to stop it.

    TL;DR Trump will be tossed out of office via 25th Amendment and President Vance will implement Project 2025.

  13. Gosh, I’ll bet the second hand embarrassment in the audience was off the charts. How embarrassing, to speak such drivel in front of people that actually DO understand what he clearly does not.

  14. Bumblefuckturd has probably never once, at a minimum, looked at the Wikipedia page on tariffs.

  15. DepressedDriver1 on

    It’s frustrating hearing him insult a city, in front of its people, ramble on about something he has no understanding of, and they still cheer him. For the love of god stop appeasing him.

  16. Tariffs would certainly have saved my life when my electric boat sank and sharks began circling; sadly, cancer-stricken whales — victims of windmills, were too weak to come to my rescue! Solar powered Coast Guard helicopters were unable to respond because it was night time…if only there had been an Iron Dome: beep, beep, ding, whooosh!

  17. Stinkstinkerton on

    I’m convinced all the people in the MAGA idiot club all are suffering from lead poisoning.

  18. > Many Republican elites believe that Trump either doesn’t mean it when he presents tariffs as an economic cure-all or that they can talk him out of it after the election. But Trump would have unilateral power to impose tariffs through executive action; he does not need Congress. And the idea that a lifelong megalomaniac who lacks a basic understanding of government will somehow become amenable to reason is, at best, optimistic.

    The 2016-2020 amnesia is infuriating. There were so many people who were billed as moderating influences on trump, and they all ran out screaming. Of course he’ll just do what he wants – when it doesn’t work he’ll blame communists and single mothers or whatever.

  19. This is the one lie that I can’t believe media doesn’t constantly correct. I think to this day, because of his repeated lies, people think foreign countries pay tariffs.

    I have worked for companies that imported goods and had several start-ups. Import tariffs are dictated by US Customs and as a small business I PAY the tariffs. Foreign company didn’t care why my tariff was. They charge the same. I had to factor in tariff’s and shipping to get my landed cost and then add my needed margin on top of that.

    US businesses pay tariffs. It absolutely gets passed on to consumers.

    Now, if Trump was playing 3D Chess and thinking about the long term shift towards more domestic manufacturing over decades by raising tariffs, that is a different argument. But no, he is saying that tariffs are paid by the foreign company. Just flat out wrong.

  20. Tariffs in the realm of [1000%](https://www.reddit.com/r/johnoliver/s/DzbtqvBWnl) just sounds like a trade ban, no one is going to want to buy our stuff if we’re slapping an enormous fee on anything we would buy from them (which would also majorly hurt Americans struggling struggling to get by and would for sure send us into an economic depression with tariffs at 1000%). This guy is totally clueless about anything involving economics lmao.

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