The Phantom Hand of The Market
Turmoil has engulfed the United States! The arbitrary imposition of tarriffs of certain goods by President Stable Genius, to Europe and China is in dispute.
Hoping to resolve the matter with tarrifs of their own, the People’s Republic of China has stopped all shipping to the small planet of Naboo.
Wait sorry, I mean they’re retaliating by slapping the US with tariffs as high as 25 percent on imports of 128 American-made products like pork, whiskey, semiconductors, automobiles, and seamless steel pipes. Products such as these, especially automobiles and semiconductors depend on access to the Chinese market for both export and production. All would consider this a bonehead move on the part of the United States.
While the congress of the Republic endlessly debates this alarming chain of events, the people of the United States are at a quandary. Economists are arguing that this Trade War could cost the economy up to 190,000 jobs, it will hit rural parts of the country more directly than any other, potentially putting safe Repubican congressional seats in jeopardy. Yet, at the same time, Ohio steelworkers remain (somehow) optimistic that these tariffs will prop up their industry. Lawmakers are being given every indication that these tariffs are a bad idea, but Republicans may well end up supporting the TRADE WARS because parts of the base love it.
Will President Good Brain follow through on his tariffs? Are we now living through the prequels? How long before Disney just buys out the country and gives us all a break with a nice, soft reboot possibly with Harrison Ford playing the President again?
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