The worst of both worlds on tariffs

[genxlib]

Since the stable genius has signaled the China tariffs will come down, the market has stabilize some.

But am I the only one that things this is actually the worst of both worlds.

The only potential benefit of tariffs is to encourage domestic production. But who in their right mind would invest in production capacity when they are told the market balance will be shifting again.

Meanwhile, this sends a clear signal to consumers to be curb spending since things in the future will be cheaper. Why buy an appliance or any other impacted item while it is subject to short term increases.

Am I missing something or is he just making things worse. I would expect economic indicators to drop off a table in the next three months. Of course that assumes he doesn't change his mind again next week.

[unblock]

1. He's a criminal and tariffs are his protection racket.

He wants to cause damage the same way a mobster might burn down a restaurant and demand money from all the orher restaurant owners not to do the same to them.

The damage makes people pay him to stop, or at least do it to someone else. He loves tariffs because he has all the power to raise or lower them, make specific exceptions based on who gave him money, etc.

Donnie doesn't care about the economy in the aggregate. He only cares about power and money for himself.

Everything he does makes a whole lot more sense once you recognize he's an evil dictator. It's only confusing when you try to think of him as a remotely normal, well-intentioned president.