The Miracle of the Trump Economy

MRGA, M-F’ers!
(Hat tip: Scissorhead Skinny-D)

The latest news on how Comrade Trump’s metal tariffs are Making America Great Again!

  • Alcoa, the biggest producer of aluminum in the U.S., says it’s taken a $15 million hit in costs on material mostly imported from Canada
  • Daimler AG cut its profit outlook over trade tensions
  • Wall Street analysts expect Ford Motor to follow suit
  • General Motors cut its profit forecast on Wednesday, citing the rising price of metals
  • Harley-Davidson says its operating profit margin will fall between 9 and 10 percent in 2018 from the expected impact of the metal tariffs. Also: they will move some production overseas due to the E.U.’s retaliatory tariffs.
  • Whirlpool reported that “rising raw-materials costs hurt results in three out of four of its regional markets in the second quarter”

And just for shits and giggles we note:

Trump Tax Cut Is Pushing the Federal Deficit to $1 Trillion

But on the bright side, many hectares of beets, comrades. Best harvest!

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5 Responses to The Miracle of the Trump Economy

  1. Big Bad Bald Bastard says:

    Whomp Whomp


  2. roket says:

    Sore winners is now a thing.


  3. BOHICA. This is yet another tightening of the Austerity Ratchet….


  4. osirisopto says:

    I’ve always said they would gladly suffer any pain, and inflict any harm upon their families if it would piss off a liberal.

    They got what they asked for.


  5. RWW says:

    It’s already baked into the Trump cake that when anything bad happens in the economy it will be Obama’s fault and/or fear that the Dems will win in ’18, ’20, ’22, ’24, etc.


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