We are 2 months into the Trump administration, which is 60 days greater than “day 1” – the day which he said he was going to “make the economy great again” – nobody reasionable would expect any president to do a whole lot in the first 60 days. Typically what you’d see here and there in new administrations are slight bumps up and down, gradual shifts that take quarters and even years to see the impact of. … Typically…
needless to say, this isn’t a typical time we’re living in.
Louisville-based Brown-Forman, which owns the top-selling American whiskey in the world in Jack Daniel’s, as well as the premium bourbon Woodford Reserve, reported losing more than $125 million during the last round of tariffs and said it was forced to raise prices to cover the costs.
Kentucky.com
with just 1 company, 125 million lost. 2 months. Some Kentucky Bourbon companies loosing 500 workers
All over the world, countries are boycotting USA ran companies (rightfully so). Canada even threatening to shut off electricity to the US. Canada’s premier of Ontario Doug Ford in a CNN interview said “… The uncertanty is hurting the American Economy, the Canadian Economy. The markets are tumbling. and investors from around the world are looking [thinking?] twice about investing in America and Canada. There’s no reason for a recession. I call it the self made Donald Trump recession. He ran on a mandate to lower prices, to make sure we didn’t have inflation, to create more jobs, and [his actions] have backfired.”
Yes. backfired they have. So far he’s been driving the $USD off a cliff. He’s been taking jobs away, and firing necessary workers, not including the private jobs being lost from the market uncertainty.
“A weakening dollar basically makes the US a little bit poorer because they pay more for the goods they are importing, and get less for the goods they are exporting,” Leuchtmann said [CNN].
it aint good jim.
