Showing posts from June, 2024

Trump's Path to Victory

"Donald Trump on Thursday brought up the idea of imposing an “all tariff policy” that would ultimately enable the U.S. to get rid of the income tax, sources in a private meeting with the Republican presidential candidate told CNBC." And the result   If Trump or anyone around him has the slightest contact with reality, they will know that this single position is the key to a landslide victory for him in November. There are two parts to this idiotic proposal: to do away with the income tax, and replacing lost Federal revenue with a massive increase on tariffs on all imported goods and materials. For a moment, let's deal with the second.  A quick, back-of-the-envelope calculation by Robert Reich indicates that a tariff increase necessary to raise that much revenue would increase the prices of all goods sold in the United States by 60%- an almost immediate 60% raise in inflation.  Anyone who is familiar with the result of the Smoot- Hawley act will be well aware that a fa

Our Senile President

"Trump on the debates: So, a little before debate time, he gets a shot in the ass. They want to strengthen him up. So he comes out. He'll come out. Okay. I say he'll come out all jacked up, right?" I don't know if anybody even will see my blog any more, but I couldn't resist commenting on this idiocy.  According to Republicans, Joe Biden is deeply sunken into senile dementia, but before next week's debate, he will be given drugs to get him to seem normal for a couple hours. I ask you to think about this.  There are, apparently, about seven million people suffering from Alzheimer's disease or other forms of senile dementia in the United States.  We have all heard stories about what a crushing tragedy it is for them and their families to go through this nightmare. Well, apparently, drug companies have a simple injection that can snap a person right out of their dementia and make them perfectly normal for at least a couple of hours.   Think what a blessin