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Sure, he’s better than the previous presidents who were actively working to destroy America. He was the only choice, aided by huge funding from himself personally and people like Miriam Abelson’s $400m. That doesn’t automatically mean the he is a sane or fit person to run the country, just that he could afford to run.
Setting aside his lack of diplomacy, which can be an advantage sometimes, shaking things up a bit, he seems to have no understanding of numbers whilst portraying himself as a brilliant businessman. Tariff revenue for the fiscal year to 15th January was $101bn.
But tariff revenue for 2024 fiscal year was $96bn, or $8bn per month – so the extra Trumpian tariff revenue is running at about $250bn per year. With an annual deficit of $3tn. And debt of $39tn. Depending on how the $2,000 tariff dividend is applied it will cost between $280bn to $607bn – that is, the tariff dividend will exceed the revenue. It will ADD to the national debt. All his claims about tariffs, and most of his claims about the economy, are unhinged.
Venezuelan oil. Now he’s got the oil majors offside because they are telling him that you just can’t turn the taps back on and he’s refusing to accept it. And the shale producers because what oil is now coming to America is dropping the price enough to make drilling a no-no.
Well, we shouldn’t be surprised as he’s a real estate salesman. Never made anything in his life.