We begin with continuing coverage on the economic situation. Today, the markets continued their tailspin, though the pace slowed somewhat. In a turnaround from his first term, President Trump now urges against watching the markets, asserting that their failure is not tied to them... although he's often claimed the "Trump effect" when the markets do well.
A major contributing factor to the decline? Uncertainty over tariffs and a growing global trade war. As Trump institutes, then revokes, then increases, then decreases tariffs, the markets are jittery. So are Americans, concerned over the tax hikes presented by tariffs. But not to worry! Our White House Press Secretary insists that tariffs aren't tax hikes, in fact, they're tax cuts! Now of course, that's just plain not true. And what are our elected officials doing? Well, our senior senator representing Wisconsin, Ron Johnson is once more "concerned," though he has no plan of action to do anything about it.
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