cross-posted from: https://beehaw.org/post/19241243
Waving a big chart as a prop in the White House Rose Garden, Donald Trump suggested his new tariff plan was simple: “Reciprocal – that means they do it to us, and we do it to them. Very simple. Can’t get simpler than that.”
Perhaps a bit too simple. The method used to calculate the most important numbers in international trade, politics and economics has left some of the world’s leading experts shocked.
For each country, the White House looked up its trade in goods deficit for 2024, then divided that by the total value of imports. Trump, to be “kind”, said he would, however, offer a discount, so halved that figure. The calculation was even distilled into a formula.
He absolutely believes he’s a genius who has thought of this solution to our economic problems that NOBODY else has ever considered, because nobody is as smart as he is. All this talk of how wrong it is only proves to him how much smarter he is. His tariffs are so innovative, even the most intelligent economists don’t get it.
But he does, because he’s the most intelligent human to ever exist, and he is thinking way above them.
Fuck this piece of shit.
A brain dead Orange Turd running our country. What could go wrong.
Uh excuse me, where is your ridiculously oversized truck and bedsheet-sized flags?
That’s what happens when you let an unqualified lunatic make decisions about things he doesn’t understand
The only thing that surprised me about the idiotic numbers was that they weren’t overwritten by even dumber ones in sharpie.
And you made him president again not mentioning how he was even able to rise so high in power.
United Stupids of America
Whoever did those calculations (and it wasn’t Trump, since he’s innumerate as well as illiterate) based these crude calculations on the assumption that the US economy should have a pairwise zero current-account balance with every country in the world. That’s beyond imbecilic.
+10%
Unless you are Russia…
BREAKING NEWS! The deranged con man game show host is actually a moron. Who could possibly have predicted this?
Chat, are we cooked? (Yes)
Mentally, this is where I am at: https://youtu.be/rN6fcu1qCcw
Merely watching that guy “dab” was worth it. And he did it three times!
Now this is epic
Someone made it in excel in 10 minutes.
Excel at least uses some sort of organizational schema. Those charts are thrown together completely at random.
No, there’s a formula. It’s just a transparently stupid one based on fallacious zero-sun thinking.
at $87,000 per minute.
The economists are only “stunned” because they’re used to dealing with logic, reason, and numbers that make sense. You have to throw those things out the window when dealing with Mango Mussolini, folks!
‘Willing sycophants’ came up with simplistic formula that has thrown global economy into disarray
Way to shoot us in the crotch republiQans and eligible non-voters! You suck!
B-but muh egg prices! Also, something something okay with the economy crashing if it owns the libs.
54d chess you fools
“[It is] quite an extraordinary calculation after months of work behind the scenes,” said Jim Reid, the global head of macro research at Deutsche Bank. “[It] didn’t add much confidence on there being an in-depth strategic implementation plan.”
lol. First of all Deutsche Bank, how are you still operating, and secondly it’s your fucking fault the demented rapist is even here (thanks to Justice Kennedy’s son). Thirdly, anyone who thinks a trump administration effort is going to have an “in-depth strategic plan” is smoking crack. (Those of you arguing ‘project 2025’ remember that came from outside the administration)
