President Donald Trump lashed out at a reporter who asked how much economic pain he would be willing to tolerate as his tariffs wreck the stock market.The president returned Sunday evening to Washington, D.C., as U.S. stock futures plunged, indicating more market turmoil ahead, following two days go...

Summary

Trump snapped at a reporter who asked how much economic pain he was willing to inflict amid plunging markets triggered by his new tariffs.

Speaking after a weekend at his Florida resort, Trump dismissed speculation he was trying to crash the market, claiming tariffs would bring in “$1 trillion” and spur U.S. manufacturing.

When asked about a pain threshold for Americans, he called the question “so stupid,” arguing economic “medicine” was necessary to reverse decades of “stupid leadership.”

He insisted the strategy would make the U.S. “solid and strong again.”

  • Em Adespoton@lemmy.ca
    1812·
    12 days ago

    How long did it take China to build itself into a self-sufficient superpower that produced goods for the world?

    Around 50 years, with a tight rein on the population and a leadership that had consistency and a 30, 50 and 100 year vision that they continually executed against.

    Even in the best case scenario of everybody rallying behind Trump and pulling together behind a single strategy that miraculously turns out to work, Trump will be dead in 30 years or less.

    So HE probably isn’t realistically thinking this, even if it’s what he’s decided to tell everyone this week.

    One thing about Trump: I do believe that underneath it all, he does want to make America a great nation. He’s just ignorant of how to do that or what it would even look like when achieved.

    • g0nz0li0@lemmy.world
      38·
      12 days ago

      Great points.

      One thing about Trump: I do believe that underneath it all, he does want to make America a great nation. He’s just ignorant of how to do that or what it would even look like when achieved.

      I don’t think he does. I think he wants to make it a better place for him, and he doesn’t get any further than that as a concept.

      • Em Adespoton@lemmy.ca
        17·
        12 days ago

        Being a narcissist, I don’t think he differentiates between making it great and making it great for him.

        • entwine413@lemm.ee
          12·
          12 days ago

          He does, because he sees the world as a zero sum game. For him to prosper, others have to suffer.

    • Lit@lemmy.world
      8·
      12 days ago

      Don’t forget Krasnov Trump bankrupted his casinos. Only he knows why he is bankrupting US now.

    • Serinus@lemmy.world
      7·
      12 days ago

      I do believe that underneath it all, he does want to make America a great nation.

      I gave W that credit. I don’t believe it’s true for Trump, outside of the fully narcissistic version.

      It appears his first priority is pleasing Putin. His second is getting a small number of people to applaud him. He doesn’t give a single fuck about America or Americans as a whole.

    • drhodl@lemmy.world
      1·
      12 days ago

      One thing about Trump: I do believe that underneath it all, he does want to make America a great nation.

      No. He just wants to be the leader of a great nation. Anything “great” that happens to America or Americans, would be entirely accidental. He never thinks about anything other than himself.