Nnonequals wrote:
If Trump avoids major economic problems it will be out of luck, not ability. Moreover, I WANT Trump voters to suffer both because it's what they deserve, and it's probably the ONLY thing that can (reliably, at least) remove the GOP from power. And the fate of our country very possibly depends on that.
Having said that, do a LOT of "experts" - pundits and economists and business leaders - not have at least some egg on their face about the timing of cost impacts of tariffs? What was it, April? Tariffs are going to kick in. Stockpiles are going to go down. Ships aren't sailing across the Pacific. Real pain is coming in a few weeks, or maybe a month or two.
It's nearly August. I have no idea what is coming, or when. But it sure didn't show up as soon as "experts" were predicting back in the spring.
None of this takes away from the fact that Trump (and his supporters and enablers) are dumb and bad. And that there IS real expertise - and lots of it - in this world. But the longer you live, the more you learn that a LOT of "expertise" - that you mostly figure you can roughly trust - ends up being off the mark, and often badly.
The markets are up since Jan 20 and even more since Nov 5. How will I suffer?
