People have been puzzling over Scott Bessent's claim that tariffs can't be inflationary — which is, by the way, completely different from Trump's claim that foreigners will pay. The thing is, there is a kind of model here — one that is clear, consistent, and totally false 1/

I am Native Hawaiian. Tulsi Gabbard is not. Forcing a sovereign nation to remain "neutral" under threat and forgo its right to treaty making is NOT aloha. It's a gross violation of Ukraine's state sovereignty.
x.com/maria_drutsk...

Suddenly, the US stock market has soured on the Trump presidency. The most obvious explanation is that Fed is not likely to cut the interest rate as much as anticipated, since inflation just rose. But this is hardly the full explanation./1

So the US is going to openly strongarm Europe for Musk (and Putin). Welcome to the plutocracy.
www.independent.co.uk/news/world/a...

It takes five days off to de-stress from work and one email to make it all come back.

America has had its share of presidents who were crooks (Warren G. Harding, Richard Nixon), bigots (Andrew Jackson, James Buchanan), and incompetents (Andrew Johnson, George W. Bush).

But never before Donald Trump have we had a president who combined all these qualities.