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Showing posts from April, 2026

So how are those Trump tariffs working out?

The right-wing prophecies: “Leading Trump sycophant Sean Hannity claimed tariffs would generate “a new golden age of American wealth and exceptionalism.”    “Fox Business' Elizabeth MacDonald stated Trump was trying to “reignite a manufacturing golden age.”  “Newsmax host Carl Higbie declared, “American jobs being created because we want to make things more fair.”   Reality, as we know, has a well-known liberal bias: “The American economy actually supports fewer total jobs than before the sweeping tariffs were announced.   “The manufacturing industry lost nearly 100,000 jobs in the 10 months following the announcement.   “The trade deficit has barely narrowed.   “Families have been burdened with an estimated annual cost ranging from $1,000 to $2,000.” The good news for Trump and his supporters is that his mad war in Iran has taken tariffs out of the headlines and war-driven inflation is likely to dwarf the tariff costs to middle and working class Ameri...