Summary

The Wall Street Journal’s editorial board criticized Trump’s economic understanding after he linked interest rate cuts to tariffs on Truth Social.

The board called his analysis “intellectual confusion” and explained that inflation concerns make rate cuts unlikely.

While defending Trump from blame for rising prices, the Journal warned that mishandling inflation could damage his presidency.

The article also noted Trump’s past comments about influencing the Federal Reserve, urging him to avoid pressuring Chair Jerome Powell, as inflation could quickly erode his high approval ratings.

  • MagicShel
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    5 days ago
    1. No he doesn’t know about money—he’s a moron.

    2. He doesn’t care about damage to the presidency or the country, only personal damage to himself.

    3. He doesn’t care about approval ratings. Either he’s just going to make himself president again, or he’s termed out. Either way, approval ratings can get fucked in his eyes.

    4. Thus, this whole article is an exercise in futility and dumbfuckery.

    • Corkyskog@sh.itjust.works
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      5 days ago

      It’s not written for Trump, it’s written for all the monied interests to wake up and realize that if he steams full ahead with all of his plans they could lose a lot of money.

      • moody@lemmings.world
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        5 days ago

        “Man who worked so hard to get Trump elected complains that Trump is too stupid”

        Way to go, Murdoch.

        • Cort@lemmy.world
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          5 days ago

          Well, they knew he was stupid, they thought he was just dumb enough to be controllable, but they underestimated

          • diskmaster23@lemmy.one
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            3 days ago

            They want someone who is cheaper to control. Trump wants like hundreds of millions of dollars, and that’s a chunk of change. If they had more money, instead of funneling it into NPOs, and super PACs, they could do it. None of this is rocket science. Trump is fairly transparent. If Putin and Musk can do it, so can they.