"Suppose your doctor suddenly insisted that you needed to follow a strict diet and exercise regimen. He said he realized you had a serious problem when he divided your height by your birthday, and it came out way too high. You would probably decide that you need a new doctor.

This is basically the story of Donald Trump’s new round of import taxes (tariffs) on our trading partners. Trump somehow decided that trade was bankrupting the country, even though we were creating jobs rapidly, the economy was growing at a strong pace, and inflation was slowing to normal rates when he took office."

cepr.net/publications/dr-trump…

#CEPR #DeanBaker #BeatThePress #USPolitics #Trump

Now we are screwing Nepal on a large electrification grant intended to help Nepal balance China's influence.

nytimes.com/2025/02/19/world/a…

#Trump #USPolitics

I am speechless.

"As far as Mr. Trump is concerned, Russia is not responsible for the war that has devastated its neighbor. Instead, he suggests that Ukraine is to blame for Russia’s invasion of it. To listen to Mr. Trump talk with reporters on Tuesday about the conflict was to hear a version of reality that would be unrecognizable on the ground in Ukraine and certainly would never have been heard from any other American president of either party.

In Mr. Trump’s telling, Ukrainian leaders were at fault for the war for not agreeing to surrender territory and therefore, he suggested, they do not deserve a seat at the table for the peace talks that he has just initiated with Mr. Putin. “You should have never started it,” Mr. Trump said, referring to Ukrainian leaders who, in fact, did not start it. “You could have made a deal.”

nytimes.com/2025/02/18/us/poli…

#USPolitcs #Trump #Ukraine #FreeArticle