In an interview with Bloomberg TV, David Stockman, the former budget director for President Ronald Reagan, took more than a few shots at Donald Trump over his trade bungles — including his plan to overhaul NAFTA.
Asked by Bloomberg host Shery Ahn what he makes of Trump so far, the former budget hawk smirked and proceeded to dismiss Trump’s moves.
“I don’t think it amounts to a hill of beans,” he said of the replacement NAFTA deal. “There was never a problem with NAFTA anyway, and what he has done, basically, is remove the name and complicated the machinery, giving a big wage increase to Mexican workers.”
“This is a sideshow,” he continued. “And it is proof that Trump is an absolute Neanderthal on trade, and has no idea what he is doing, he is a complete ignoramus on fiscal policy and the debt which is soaring.”
Stockman went on to say that Trump’s actions likely will combine to “clobber a ten-year recovery and is about to be knocked over by this nonsense.”
You can watch the video below via YouTube:
Pilots, including Chesley “Sully” Sullenberger III, tell US Congress more training needed on 737 MAX
US pilots called Wednesday for enhanced pilot training on the Boeing 737 MAX before the aircraft is returned to service after being grounded worldwide following two deadly crashes.
The pilots -- including Chesley "Sully" Sullenberger III, who famously landed a damaged plane on the Hudson River in New York in 2009 -- pushed back against the aviation giant's assurances that pilots will only need to review the 737 MAX modifications in a computer program.
Daniel Carey, president of the Allied Pilots Association, told a congressional panel he was encouraged by changes Boeing made to a flight system seen as a factor in both the Lion Air and Ethiopian Airlines crashes that killed 346 people.
Shelling on American interests threaten Iraq’s fine line between Iran, US
A nearly week-long barrage of anonymous shelling attacks on American interests across Iraq are intended to signal Iran's long reach and "embarrass" Baghdad amid spiralling US-Iran tensions, observers say.
The incidents were not claimed but largely originated from areas where Shiite-dominated armed groups loyal to Tehran and deeply opposed to Washington have free reign.
Starting Friday, mortars and rockets have rained down on the Al-Balad and Taji bases, the Baghdad military airport, and a military command centre in northern Mosul -- all sites where US troops and army equipment are present.
Get your fax right: Bungling officials spark Japan nuclear scare
Bungling Japanese officials sparked a nuclear scare after a violent, late-night earthquake by ticking the wrong box on a fax form -- inadvertently alerting authorities to a potential accident.
Employees of the Tokyo Electric Power Company (TEPCO), operator of the Kashiwazaki-Kariwa nuclear plant in Niigata -- where the 6.4-magnitude quake struck -- faxed a message to local authorities seeking to allay any fears of damage.
But TEPCO workers accidentally ticked the wrong box on the form, mistakenly indicating there was an abnormality at the plant rather than there was no problem.