We're importing less, and not producing more.
Here's 3 ways this could end:
1. This supply-demand imbalance creates shortages and empty shelves
2. Price rise to equate demand and supply, sparking inflation
3. A recession decreases demand (so shortages never emerge)
This brilliant cartoon clearly explains Trump's position on Ukraine. It is in Ukrainian with English subtitles. Share it with anyone who keeps repeating russian propaganda.
#UkraineWar#Ukraine#trump#RussialsATerroristState#Russia
This is an amazing story on the power of the American dream.
I still remember when Kevin gave this interview — he worked hard and I knew it would be good. Proud to have been a small part of your journey, Kevin. Keep going!
In just 100 days, the eagle has already shown signs of needing medical attention and perhaps a refreshing non alcohol margarita🍹😉. If this trend continues, it’s doubtful that the poor bird will make it to the midterms...it’s going to be a long 1,361 days.
All @IndianaUniv alumni should be outraged that our ability to vote on one-third of the IU Trustees is being eliminated - and is being done so with no public debate or discussion. @IUBloomington@iustudentgov
This morning, two Russian missiles struck the heart of the city of Sumy in Ukraine, causing numerous civilian casualties, including children once again.
Everyone knows: this war was initiated by Russia alone. And today, it is clear that Russia alone chooses to continue it — with blatant disregard for human lives, international law, and the diplomatic efforts of President Trump.
Strong measures are needed to impose a ceasefire on Russia. France is working tirelessly toward this goal, alongside its partners.
To the victims, the wounded, and all of Ukraine that continues to resist: our solidarity, our respect, our unwavering commitment.
I just want to tip my hat to the crack team of White House economists who were able to discover--in just a few short days--that the U.S. is dependent on China for smartphones, computers and semiconductors.
Whether you love or hate tariffs, you can't help but be impressed at the detailed policy planning, the transparency of the policy process, the credibility of Administration announcements, relentless attention to detail, flawless execution, and the thoughtful predictability that business demands.
In a brutal takedown a conservative Spanish columnist proposes "Trump's Razor" as a correlative to Occam's -- "Of the many possible reasons for Trump's actions it's always the stupidest."
If you're a billionaire, then you'll barely notice a few thousand dollars a year in higher prices at the store from these Trump tariffs - plus you can count on him to get you another big tax break for the wealthy.
But for everyone else, this is a big deal, and a bad one.