this post was submitted on 14 Apr 2025
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Trump’s tariff reversal came after he watched an interview on Fox Business with JP Morgan Chase CEO Jamie Dimon, during which the bank boss said that a recession was a “likely outcome” of the new trade policies, according to the Washington Post.

Trump was asked by a reporter on Wednesday when he decided to put a pause on the tariffs.

“I would say this morning. Over the last few days, I’ve been thinking about it. Fairly early this morning,” he said.

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[–] [email protected] 4 points 3 days ago

So we're doing the 25th and then have tariffs on couches?

[–] [email protected] 18 points 3 days ago

He has concepts of a plan.

[–] [email protected] 2 points 3 days ago

He's not insane. He's an addled PoS narcissist.

[–] [email protected] 24 points 3 days ago

Get loud you pricks.

[–] [email protected] 15 points 3 days ago (2 children)

Does he know what a recession is? Genuinely asking. That would help understand this response.

[–] [email protected] 5 points 3 days ago* (last edited 3 days ago)

His experience of the last couple of recessions has probably been:

  • "The Markets, Politicians and Press do a lot of noise whilst poor and working people have to be squeezed even more whilst the Government makes sure rich people don't lose any wealth and at the end of it we the rich are making even more money than before"

I mean, all that it takes is to look at the changes in wealth of the top 1% of the population compared to the rest in the aftermath of the 2008 Crash.

From his point of view a recession is a good thing because it and subsequent measures by the Government and Central Bank makes him even more money than "normal" times. Sure, it's on the backs of the riff-raff, but who cares about the riff-raff when they're so easy to lead by the nose?!

[–] [email protected] 7 points 3 days ago

If he does it was explained to him repeatedly through a TV with lots of pictures

[–] [email protected] 1 points 4 days ago

Every day I the thought that I'll never retire becomes closer to reality. My IRA is only 2 years old. I can't bring myself to check on it because I expect it to be gone. I'll just let the dude who manages it stress over the details while I stress over the big picture.

[–] [email protected] 13 points 4 days ago

Let me guess?

....but supported him because they wanted the tax cuts and any side effects of having monsters like the qons in charge they thought would pass them by...

[–] [email protected] 24 points 4 days ago (1 children)

"Quietly fear"

motherfuckers, we've been saying this for 10 years...

[–] [email protected] -2 points 3 days ago

Then stop talking and do something.

[–] [email protected] 12 points 4 days ago

No shit, Sherlock.

[–] [email protected] 11 points 4 days ago

An insane man surrounded by amoral, self-serving handlers and white supremacists.

[–] [email protected] 5 points 4 days ago (2 children)

Why are they feeling this way quietly?

[–] [email protected] 1 points 3 days ago

most of these people arent media personalities, they've never had to deal with this before.

[–] [email protected] 7 points 4 days ago* (last edited 4 days ago) (1 children)

Because if they’re too loud Trump will hear and drag them to El Salvador.

[–] [email protected] 3 points 4 days ago

Sounds about right.

[–] [email protected] 7 points 4 days ago (1 children)

A callback to his healthcare reform- the man has the concepts of a plan. Somehow that doesn't deter his voters

[–] [email protected] 3 points 4 days ago

Any day now...

[–] [email protected] 1 points 4 days ago

looks at index funds dive, 'might be insane'.

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