CHIEF CLOWN VOWS TO “MAKE AMERICA PAY” FOR HIS FAILURES: With His “Maliciously Incompetent” Immigration Policies in Shambles, Trump Promises To Punish American Consumers & Businesses With Tariffs On Mexico Having Nothing to Do With Trade!

https://www.nytimes.com/2019/05/30/us/politics/trump-mexico-tariffs.html?smid=nytcore-ios-share

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Annie Karni and Ana Swanson report for the NY Times:

WASHINGTON — President Trump said Thursday that he planned to impose a 5 percent tariff on all imported goods from Mexico beginning June 10, a tax that he said would “gradually increase” until Mexico stopped the flow of undocumented immigrants across the border.

The announcement, which Mr. Trump hinted at on Thursday morning and announced on his Twitter feed, said the tariffs would be in place “until such time as illegal migrants coming through Mexico, and into our Country, STOP.”

In a presidential statement that followed, he said that tariffs would be raised to 10 percent on July 1 “if the crisis persists,” and then by an additional 5 percent each month for three months.

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Wow!  Just think of how far we have fallen as a nation. Let’s imagine that Obama, Bush, or Clinton proposed such idiotic, incoherent, nonsense, blatantly exhibiting something between total derangement and gross incompetence.

Journalists would be stunned, economists horrified. Politicians of both parties would be “talking 25th Amendment!”

Yet with Trump, it’s merely “ho hum, another day in nut-land” with only our country’s and the world’s future at stake. After all, he’s always threatening to take utterly insane, totally illegal actions. And, he only follows through about half the time.

Can we really survive this type of Clown Kakistocracy? Why won’t Mexico, China, Canada, India, and the EU just get together, negotiate some sound trade agreements based on real economics and sane diplomacy, and  let the U.S. wander off into never-never land?

Yeah, I know, the economy continues to blaze away, markets are high, and unemployment low. But, remember the little warning line at the bottom of the prospectus of your most successful financial investment: Past results are not a prediction of future returns.

Well, there is some good news. At least there won’t be any suspense on who gets the “Courtside Five Clown Award” for this week. Who else but the Chief Clown! He’s earned it, and you can’t say that about much else in his tawdry life.

🤡🤡🤡🤡🤡

PWS

05-31-19