So much of the US Constitution is designed to keep an autocrat from amassing too much power. At this moment, the constitution is failing. Or perhaps our elected representatives are failing the constitution. When a single person can wreck the economy by fiat, something is badly broken.

Folks, please understand: if there was a single forecast that showed higher gdp because of the tariffs, I’d put it out. But there isn’t one. Not even from the White House.