Donald Trump is finding out the hard way that he can't bully everything in path into submission as the economy continues to reel due to his tariff policies that have Wall Street investors running for the hills.
That is the opinion of former Sen. Claire McCaskill (D-MO) from her perch as a contributor on MSNBC's "Morning Joe," where she claimed on Thursday the president is bumping up against a major roadblock when it comes to getting his way.
With the entire panel bursting into laughter when it was suggested that Trump trade advisor Peter Navarro is the only person who believes the tariff war announced on "Liberation Day" is bound to be successful, McCaskill chimed in to note Trump has met a new kind of resistance he can't overcome.
ALSO READ: 'Dictatorship, not a town hall': Families 'distraught' as MTG disruptors tased and jailed
Pointing to Federal Reserve chair Jerome Powell balking at rate cuts on Wednesday saying more "clarity" about the economy under Trump is needed, McCaskill quipped, "The thing about his speech yesterday that struck me is that he's waiting for clarity. Well, that's like saying I'm going to see the real Easter bunny on Sunday, because this administration is specializing in chaos, right, in lack of clarity."
Reacting to a Truth Social Post that went up just moments before with Trump hinting, "Powell’s termination cannot come fast enough!" McCaskill pointed out, "He can bully a lot of people, he can try to bully news outlets, he can try to bully universities, he's obviously successfully bullied some of the largest, most successful law firms in the country –– brought them to their knees like little baby cowards they are, but he can't bully investors."
She continued, "He can't say to the rest of the world, 'You can trust us now,' when they can see with their own eyes, they can't. So he's really ––Trump is –– he will be captured by the stock market in terms of his political popularity. People like to say, 'Well, only rich people have stocks.' There is a huge number of people whose 401k's, especially people near retirement, that are dwindling in front of their very eyes and they are in a state of panic about this."
"So politically, Donald Trump has a problem because he can't control investors that are turning their back on the United States bonds," she concluded.
You can watch below or at the link.
- YouTubeyoutu.be
