Showing posts with label tarriff war. Show all posts
Showing posts with label tarriff war. Show all posts

April 4, 2025

Crashgate, Donald Trump drives the economy into Herbert Hoover Hell, By Hal M. Brown

 



This a sequel to what I wrote about all the “gates” Trump has survived and the ones that may be coming in the future. 

What's next, Tarriffgate? Will Trump's presidency be known for its gates?

How many "gates" can a president survive?

Given the drop in the stock market yesterday we might add aother couple of gates to Trump’s dubious accomplishments: Crashgate. Herbert Hoovergate.

Here’s a short profile of Pres. Hoover:

The 31st President, in office from 1929 to 1933, Hoover was inaugurated at the end of the Roaring Twenties. He was President for the start of the Great Depression, which resulted from the easy credit of the 1920s and the stock market crashing, a few months after his inauguration. During his single term, he initiated policies that plummeted the economy. During the Great Depression, he became an awful leader by causing trade conflicts. He also refused unconditional aid to those suffering, despite cutting taxes and launching initiatives to boost employment, he failed to address human suffering. Reference:

No matter the name, if Trump’s tarriff war leads to a severe recession he will have to do some fancy-dancing Trumpstyle footwork to come off smelling like roses.

Happy Spring?

I find nothing remotely amusing about Turmp’s blunders but sometimes it is healthy to take a break from despairing over the fate of the country. In that spirit I offer for your enjoyment this video from the classic movie the Producers and the video below.

Click above to view.

Here’s wishing Trump a decidely unhappy Springtime.

Read my previous substacks here.

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30 Barbies: Not good at parenting or at the maths. By Hal M. Brown

 In the past few days we’ve had Trump or his minions prove that they probably failed their math  (or as the Brits say “maths”)  in grade sch...