Now, since the tarrifs are so punitive, any country who holds US bonds has incentive to sell them in order to retaliate. In the oncoming recession, even if Fed lowers rates, it quite possible we could see HIGHER long-term (and mortgage) rates due to lack of demand. Good times. 😡

Cap profits for healthcare, pharmaceutical and insurance industries to 10%. Subsidize MD and nursing education. Also: Remove social security contribution income limits. Increase minimum wage to $15/hr then tie to inflation.