geteilt von: https://europe.pub/post/159443
cross-posted from: https://lemmy.world/post/27935573
Summary
Home Depot co-founder and GOP megadonor Ken Langone blasted Trumpās sweeping tariffs as ābullsāt,ā calling the 10% across-the-board rate and country-specific hikesālike 34% on China and 46% on Vietnamāātoo aggressiveā and poorly calculated.
Langone criticized the administrationās formula, based on trade deficits, as nonsensical.
Other prominent figures, including economists and billionaires like Stanley Druckenmiller, Bill Ackman, and Elon Musk, have also spoken out.
Critics warn the tariffs hinder negotiation and lack sound economic grounding. Langone said Trump is being āpoorly advisedā on trade policy.
Something with a leopard and faces.
Yes, I had to double check forum.
Lmao, billionaires are feeling something. Make Billionaires Feel Something Again (anger and helplessness).
oh fuck that guy with a 2x4 of Home Depot quality
Hey, hey, we want it to hurt not feel like a piece of cardboard.
Those things are practically circles, this would be grotesque and entertaining to watch
What the fuck did he think he was paying for? I feel a little bad for the poor magats who have been propagandized from the get, but this wealthy asshole? Fucking fuck fuck shit fuck him.
What I donāt understand is why havenāt these billionaires showed Trump the video yet?
He worked to build Home Depot and now Trump is using tariffs to pump & dump the stock market for his and his cronies gains. Business owners, who provide product, service or goods are not in on the pump & dump.
So now they are experiencing the leopard first hand.
For what itās worth it wonāt matter in the end
Home Depot got a Home Despot
Old man yells at Old Man
Ken Langone is behind Autism Speaks
I donāt have much sympathy
If only there was some way to have known.
huh, here I was told republicans are good with the economy
Pow, straight to the wallet!
No surprise he waits until it effects him to speak out about the psycho he helped put into office.
Trump got jealous of ErdoÄanomics and now also wants to get an economic strategy named after him.
Dang. Hope this anger doesnāt give the old fuck a heart attack.