@JWLevitt My analysis is theoretical, and reality is nuanced (what isn't!) Even if that's the administration's intention, it is a gamble and could blow up in their faces.
@JWLevitt In addition, it causes a "hopefully" short-term economic compression, which encourages the central bank to reduce interest rates, allowing the government to refinance all of its debt.
@JWLevitt (I am not an advocate of tariffs) I can share/offer an analysis on this: Reduce the trade deficit between the US and trade partners (aggressively and unilaterally), potentially help the stability of currency exchange, and reduce the risk of sudden reverse capital flow.
Woke up to a Facebook timeline filled with Eliud Kipchoge 1:59:40 marathon time, whoa! Although still not officially recognized because it isn't an open marathon race I'm still amazed at 4:34 min/mile pace. If only I could hit that on track!
Positive talking points by PO(tu)S:
- “You have some very fine people too.” (3:33)
- “We are a great democracy” without saying “now.”
Most of the remaining talking points are PO(tu)S being a boob.. https://t.co/eq5tyG2V16