Summary

Sen. John Kennedy (R-La.) warned of uncertainty over Trump’s sweeping new tariffs, saying, “In the long run, we’re all dead,” and slammed blind loyalty to the policy.

While Kennedy didn’t vote against Trump’s emergency tariff powers—unlike four GOP senators—he criticized the lack of clarity on economic impacts.

Trump imposed a 10% baseline tariff on all imports, falsely claiming foreign nations will bear the cost.

Kennedy told Newsmax that predictions on the tariffs’ effects are unreliable, adding anyone claiming certainty is “lying” or “selling deep stupid.”

  • friend_of_satan@lemmy.world
    link
    fedilink
    English
    arrow-up
    41
    arrow-down
    1
    ·
    2 days ago

    What a misleading headline. The full quote from the article is:

    “In the long run, we’re all dead,” he told CNN’s Manu Raju on Capitol Hill for “The Lead with Jake Tapper” on Wednesday. “Short run matters, too. Nobody knows what the impact of these tariffs is going to be on the economy.”

    So he’s not saying “we’re all dead [as a result of this action]” he’s just giving a shitty excuse for making foolish decisions.

    • buddascrayon@lemmy.world
      link
      fedilink
      arrow-up
      5
      ·
      2 days ago

      He’s hedging his bets because he wants to get re-elected. And if you fall on the wrong side of this you are 100% going to get shit fucked in the next election cycle.

    • ✺roguetrick✺@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      edit-2
      17 hours ago

      Exactly. It seems people really need it spelled out to them: he’s saying protectionism works in the long term but they’re old and will all be dead(a keynes quote “The long run is a misleading guide to current affairs. In the long run we are all dead”). He’s wrong though. Protectionism, which are essentially self sanctions, can develop an industry as much as not. Nothing’s a vacuum.