Mac1958
Diamond Member
FOX's Gasparino is sure as hell no lefty.
‘Trump Was Forced to Back Off’: Fox Business Reporter Drops Blunt Analysis of Trump Trade Cave
“Trump raised tariffs on the world, the markets, particularly the bond market — which we need to finance our debt–rebelled,” Gasparino wrote. “Trump then was forced to back off. End of story. Film at 11 of the president spinning this as a major victory.
"Ok sorry, I couldn’t help myself. But what we have seen is a little lesson on how markets exert their power, how when you have to depend on them as we still do (and remember it’s really the budget deficit thats causing the trade deficit and we need the budget deficit to maintain our standard of living) you can’t go to trade war with the world without bad stuff happening.”
Gee, ya think?
‘Trump Was Forced to Back Off’: Fox Business Reporter Drops Blunt Analysis of Trump Trade Cave
“Trump raised tariffs on the world, the markets, particularly the bond market — which we need to finance our debt–rebelled,” Gasparino wrote. “Trump then was forced to back off. End of story. Film at 11 of the president spinning this as a major victory.
"Ok sorry, I couldn’t help myself. But what we have seen is a little lesson on how markets exert their power, how when you have to depend on them as we still do (and remember it’s really the budget deficit thats causing the trade deficit and we need the budget deficit to maintain our standard of living) you can’t go to trade war with the world without bad stuff happening.”
Gee, ya think?