Drudge Retort: The Other Side of the News

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Wednesday, May 28, 2025

Conservative analyst Jessica Riedl says tariffs damage economies by "raising prices, distorting markets, and encouraging foreign retaliation" against US exports, but Americans don't see the "swamp-infested cronyism" as lobbyists "seek exemptions for individual businesses." These businesses, she said, include the farming industry, whose participants knowingly voted for the tariffs they now want to be excluded from.


Friday, May 23, 2025

The MAGA movement's top economic guru is not happy about the GOP's "big, beautiful" domestic policy bill passed by the House early Thursday.

"I liken it to a death march through a series of choices that nobody really wanted to be making," said Oren Cass, the chief economist of the right-leaning think tank American Compass and a leading proponent of conservative economic populism among allies of Donald Trump.


Thursday, May 22, 2025

The U.S. Supreme Court on Thursday blocked a bid led by two Catholic dioceses to establish in Oklahoma the nation's first taxpayer-funded religious charter school in a major case involving religious rights in American education. read more


Friday, May 09, 2025

Congressional Republicans have generally hesitated to speak out against the president's funding freezes -- known as "impoundment" -- but defense hawks and other GOP lawmakers are gearing up for a showdown ahead of a fiscal cliff looming this fall and stoking fears of a government shutdown, reported Politico. read more


A group of New York Republicans slammed a proposed deal on state and local tax deductions on Thursday, throwing a wrench into House GOP efforts to advance a sweeping tax bill tied to President Donald Trump's agenda, according to NBC News. read more


Comments

www.ceicdata.com

tradingeconomics.com

The decline bottoming out is apparently crow-worthy news for s*&^heaps like s*&^ts.

Meanwhile, simple psychology gives an easy explanation for the behavior that is observed - initial declines due to economic disruptions and constant tariff games with rebound after the tariff games largely leave the news and the effects haven't fully taken hold.

Of course, with the "pause" in tariffs, shipment declines won't be felt (potentially) and you'll act like that means the tariffs don't increase prices because you're a disingenuous pile of s*&^.

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