In a blunt-talking column for the Washington Post, conservative columnist Jennifer Rubin marveled at the fact that President Donald Trump still doesn’t understand how tariffs hurt American consumers and businesses as the stock market reels, America farmers face bankruptcy and consumers see their pocketbooks hit with higher prices.
In short, Rubin called the leader of the free world an “ignoramus.”
“President Trump cannot admit that the short-term effects of his tariff war hurt Americans,” she wrote. “Trump — get this — still thinks imposition of tariffs, a tax on Americans, is responsible for job growth. In fact, like any tax, it costs jobs.”
“Only an ignoramus like Trump could conclude that enacting a trade tax (that’s what a tariff is) is a good thing. (Isn’t the entire Republican economic philosophy built on the notion that lower taxes promote job-creation and growth?),” she continued.
Rubin the quotes former jobs “czar” Steve Ratner, who explained. “If Mr. Trump goes ahead with his threat to extend the 25% tariffs to all imports from China, the cost per family would rise to $2,294 per year. And as with any other tax increase, adding tariffs will slow the American economy and result in lost jobs — 900,000 from what Mr. Trump has already done and potentially, a total of 2.2 million if the levies are extended to all imports from China.”
As the conservative columnist points out, “Following large drops last week the Dow Jones industrial average fell more than 2.3 percent (more than 600 points) and the Nasdaq was off 3.4 percent. Trump likes to take credit for the stock market, which is hardly fair and politically stupid.”
“However, the enormous losses certainly do belong to him and him alone. Trump won’t listen to aides, economists and business leaders who point out the dangers to the economy if the tariff war persists,” she continued before concluding. “No, Trump won’t be able to blame any of them nor the weakling Republicans who muttered about tariffs but refused to claw back tariff authority. This one is all on him.”
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