Tuesday, May 15, 2018

Day Late, Dollar Short

The commies at Shareblue MEDIA are either lazy or stealreading us.
Once again, those who supported Trump find that he's uninterested in returning the favor. Instead, his policies seem designed to make their lives worse.
Trump’s policies often end up hurting his own supporters, as Lucerne International CEO Mary Buchzeiger confirmed at a trade hearing this week.

The hearings, held by the office of the U.S. Trade Representative (USTR), covered Trump’s proposed tariffs on goods imported from China. On Tuesday, Buchzeiger gave her stark assessment of what the plan would do to her livelihood.

“The tariffs proposed by President Trump would cripple my business and many like it in the Midwest,” Buchzeiger, a Republican who refers to Trump as “my president,” said at the hearing. “The beating heart of what often is called ‘Trump Country’ would be stifled by the unintended consequences of these tariffs.”

She added that under Trump’s tariffs, she would be “essentially forced out of business.”

Buchzeiger is just the latest apparent Trump supporter to get the shaft from his trade war. Wisconsin-based motorcycle manufacturer Harley Davidson took a hit to its stock price, just months after the Trump tax scam caused it to close its Kansas City plant.
This can't go on forever. How long before the Big Crash? (Can't wait, personally. I can live on the street.)

No comments: