Summary

Trump snapped at a reporter who asked how much economic pain he was willing to inflict amid plunging markets triggered by his new tariffs.

Speaking after a weekend at his Florida resort, Trump dismissed speculation he was trying to crash the market, claiming tariffs would bring in “$1 trillion” and spur U.S. manufacturing.

When asked about a pain threshold for Americans, he called the question “so stupid,” arguing economic “medicine” was necessary to reverse decades of “stupid leadership.”

He insisted the strategy would make the U.S. “solid and strong again.”

  • drhodl@lemmy.world
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    4 months ago

    …claiming tariffs would bring in “$1 trillion”

    They’ve already LOST $11 trillion. What an utter imbecile!!

  • RememberTheApollo_@lemmy.world
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    4 months ago

    He will tolerate none for himself.

    The rest of us can get fucked. STFU about the price of eggs, right? He’s no longer president. He’s gone full dictator. This is all about him.

    • smeenz@lemmy.nz
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      4 months ago

      It was always all about him. The election was the only way he was staying out of prison and the campaign was lie after lie after lie, telling his moron supporters what they wanted to hear, in order to secure their vote. He doesn’t give a shit about those people once they’ve posted their ballot.

  • mechoman444@lemmy.world
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    4 months ago

    Trump will endure precisely zero economic pain since he is rich. He doesn’t have to go through anything. He sits in a literal ivory tower why would he feel bad about anything?

  • CalipherJones@lemmy.world
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    4 months ago

    Donald doesn’t have to tolerate any pain. He’s a billionaire. Billionaire’s way of life will still be unbelievably fabulous. It’s us that suffer at their expense.

    • Hazor@lemmy.world
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      4 months ago

      He’s a billionaire.

      Allegedly. His inability to pay some of the judgments against him calls that into question, e.g. the E. Jean Carrol suit. If nothing else, he definitely has a billionaire mindset.

      • Furbag@lemmy.world
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        4 months ago

        Trump Media and the Trumpcoin crypto scam have, sadly, probably put his net worth back up high enough for him to actually be able to truthfully call himself a billionaire again. He just doesn’t pay his court judgements because what are they gonna do about it if he doesn’t? Take him to court again? His whole strategy is to make plaintiffs go broke trying to collect from him, which is why he has it out for all the law firms working pro bono against him right now.

  • 2deck@lemmy.world
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    4 months ago

    This rhetoric seems similar to that used by Milton Friedman and the Chicago school of economics. They applied ‘economic therapy’ to left-leaning economies in the late 1900s which involved rapid privatization of nationally owned industries. Negatively affected many otherwise healthy countries including England, Russia and Chilie.

    The Shock Doctrine does a round robin of these events; highly recommended.

    Project 2025 is about privatizing branches of government while citizens are too busy dealing with the fallout of economic collapse.

    • CalipherJones@lemmy.world
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      4 months ago

      They’re seriously going to privatize the weather service and social security if we do not continue to take to the streets.

    • MrMakabar@slrpnk.net
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      4 months ago

      Russia was not healthy when it applied shock therapy. The Soviet Union was collapsing, massive political instability in Moscow, all sorts of countries moving out of the Russian sphere of influence, the first Chechen war started and so forth. It was fairly obvious that big decision had to be made, but unfortunatly Russia choose poorly.

  • Emerald@lemmy.world
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    4 months ago

    “sometimes you have to take medicine to fix something”

    Exactly, medicine exists to fix something. What Trump is doing is substance abuse.

  • Ad Blocker 117@lemmy.world
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    4 months ago

    tRump always speaks in a clear, concise, fact based, evidence based, and in a verifiable manner. He uses proof such as “medicine,” “stupid,” “someone said,” “I heard,” “everyone is saying.” “Economic medicine,” what is that?

  • JohnnyFlapHoleSeed@lemmy.world
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    4 months ago

    Well, it is a stupid question. A real journalist would ask how much more pain he’s willing to let the American people tolerate for his poorly disguised reverse pump and dump scheme

    • D_C@lemm.ee
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      4 months ago

      Wrong. WRONG!
      It was more than one casino.

      1991: Trump Taj Mahal
      1992: Trump Castle Hotel & Casino
      1992: Trump Plaza Casino
      1992: Trump Plaza Hotel (not a casino, ‘just’ a hotel.)
      2004: Trump Hotels & Casino Resorts
      2009: Trump Entertainment Resorts (casino holding company)

      There are numerous other businesses that failed spectacularly, too.

      • barneypiccolo@lemm.ee
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        4 months ago

        Then there are the failed businesses that were neverbsupposed to succeed because they were fraud from the inception, like Trump University. They announced it and promoted it, and signed up students, who took out student loans ffrom the government and sent them to thebadmissions department.

        Then it turned out that they never bought/ rented a single building, hired no teachers, never created a curriculum, etc. They didn’t do one thing to create a school except sign up students and take their student loan money. It didn’t go bankrupt, it never existed, but they sold it anyway.

  • Sillyglow@lemmy.ca
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    4 months ago

    he’s totally ok that every vulnerable has to eat leather boots to make it through a depression.

    “libs were pwned”

  • SabinStargem@lemmy.today
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    4 months ago

    The only way I see the US becoming “solid and strong again”, is a revolution that results in a Constitution v2.0 that fixes many issues with the structure of government, voting, and setting rules regarding wealth. Otherwise, odds are that the US will splinter apart into several major bodies.

    On the plus side of splintering, it means many conservatives would flee out of Blue States, and the Blue States get more people who believe in governance, science, democracy, and society. They would be far more stronger and influential than Red States in the long run. Blue States won’t have to play ball with stupid conservative ideas, such as non-medical vaccine exemptions, anti-migrant policies, and so forth.

      • Pandemanium@lemm.ee
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        4 months ago

        A split would create North and South Koreas. If we don’t split, I’m afraid we will only get North Korea 2.0

      • RaoulDook@lemmy.world
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        4 months ago

        Where do you think food comes from exactly? It’s not New York City or San Francisco. California has a good bit of farm country, but a lot of the rest of our food does come from “red” states.

          • RaoulDook@lemmy.world
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            4 months ago

            So if you think the “red” food-producing states would stop producing food altogether without government money, then where would the “blue” states get food?

            By the way, it is not money that grows food from the farmers’ fields. They are still able to produce crops without subsidies. They just might not be able to produce a surplus of crops to export to other states.

      • Fluke@lemm.ee
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        4 months ago

        They can eyeball all they want, the red states are also the US’ welfare queens. They’re poor AF and would be bankrupt in a couple of years.

    • Tryenjer@lemmy.world
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      4 months ago

      At least one revolution is already underway, but those responsible for the current change are wearing red hats. The neo-reactionary Butterfly Revolution.

      Unfortunately, most Democratic Party politicians today are the real conservatives in the sense that they simply want to preserve the old system.

      And there are people who identify as Democrats but are increasingly disillusioned, who want reform or revolution in the direction of a egalitarian, democratic society with strong social welfare systems geared toward equity (let’s hope they grow in number), not in the direction of the elitist, authoritarian, technofeudalist, rigid hierarchical society proposed by adherents of the Dark Enlightenment ideas. Such people could redirect the current Butterfly Revolution in the opposite direction and foment division among Republicans.

  • Ioughttamow@fedia.io
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    4 months ago

    I think the answer is none, hence why he never paid contractors, and sold himself to Russia when he went under

    • ChillPenguin@lemmy.world
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      4 months ago

      So true. You don’t have to dig deep into any of his responses when you criticize anything about him. He will lash out. He’s a child. That’s it.

    • laranis@lemmy.zip
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      4 months ago

      I can’t understand how more people don’t understand this. There’s no depth to any of this. An immature, ignorant, narrow-minded idiot doing immature, ignorant, narrow-minded things. The media’s sane washing is to blame, I guess, if not the straight propaganda from right wing outlets. But at this point if you’re still giving the benefit of the doubt you’re part of the problem.