Originally published April 07, 2025
After markets crashed globally in response to Trump’s tariffs, slipping into bear territory on Monday before wobbling up, down and back up again, the White House issued a tone deaf slapback about Trump’s golf game, saying, “[t]he President won his second round matchup of the Senior Club Championship today in Jupiter, FL, and advances to the Championship Round tomorrow.”
As Americans watch their retirement accounts drop, Trump has spent one-third of his 76 days back in office on the golf course, indicating he couldn’t care less. No one from his administration has faced critical questions about his “Liberation Day” strategy, and it appears Trump used ChatGPT to generate the whole thing.
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The Wall Street Journal predicts that market values will likely continue to fall. Neither Navarro nor Trump seem to understand that factory owners can’t switch their locations overnight; investment strategies aren’t that nimble and take years to develop. They’re also tone deaf to the fact that foreign and domestic corporations need the rule of law to invest safely, and are repelled by Trump’s hatchet attacks on judges, lawfirms and the judiciary.
Financial markets, predictably, are reeling. Despite Trump’s false messaging that “tariffs are tax cuts,” everyone outside the MAGA bubble knows tariffs are a regressive tax paid by working-class Americans.
By all indicators, Trump has not considered any of the complexities needed to develop a strategic trade package, and says he “couldn’t care less” about the price of cars. Like a child with a singular focus on his playmate’s toy, Trump has been so fixated on 19th century tariffs and 19thcentury imperialism that rational policy discussions have stopped.
What we’re left with is a child tyrant’s policies, putting our economic survival in jeopardy.
https://www.alternet.org/alternet-exclusives/trump-golf-2671687324
