The word on the street in Queens was, “Donny couldn’t organize a two car funeral.”
Anyone could be forgiven one bankruptcy, but six was stretching a point. The guy couldn’t even turn a buck on his casinos.
And now he’s gambling that universal tariffs will bring the world to its knees. He may well be right – but at what cost?
Herbert Hoover was the last president to play the great tariff game. He too was hoping to protect and encourage American industries, but instead he turned a recession into a raging depression.
President Trump had no recession to grapple with. Less than 4 months ago he was handed a first class economy by President Biden.
Now, I’m no ageist, but why have we elected the two oldest American presidents?
Mr. Biden’s family and advisers had for long obscured his age issues, before all was sadly revealed in the presidential debate.
This led to the reign of an even older President Trump whose cock-and-bull ideas are matched only by his megalomania.
Did you catch any of his recent televised cabinet meeting? It would have put Mussolini to shame.
There sat The Donald, head nodding in sated appreciation, while cabinet members took turns eulogizing his “awesome first-100 days.”
The only irony is that most of these sycophants will receive their pink slips in the course of this administration. Loyalty flows but one way for the man from Queens.
Not one speaker had the courage - or common sense - to question Mr. Trump’s inane belief that tariffs can eventually replace income tax in funding the US Government.
But given that the Trump cabinet is stocked with doting sheep, are we lost?
Far from it, megalomania to the rescue! Mr. Trump does not believe in taking any blame for his actions. See how quickly he folded when stocks, bonds and the almighty dollar shuddered on “Liberation Day.” A 90-day postponement of excessive tariffs was hastily called.
And so the farce will continue, two steps forward, one step back like a drunken bridegroom adrift on the dance floor.
We, however, will be left to pick up the pieces. The trust destroyed by our president’s embarrassing behavior to friends and neighbors will not return automatically. Global economic slowdowns leave all sorts of scars.
Meanwhile, Canadians are boycotting US goods and forsaking their annual winter sojourns in the Sun Belt. Europeans too are steering clear of us – including the Irish. Soho boutiques, once awash with fashionable Chinese are feeling the pinch, and who’d want to be a foreign student, now that the Ugly American has been unleashed and is on the prowl for any hint of college dissent?
Stephen Miller’s “flooding the zone” strategy - government by executive order, attack dogs unleashed at all manner of “radical liberal” threats - is working for now.
But judges are challenging many of these directives, and a constitutional crisis is on the way.
Eventually the Supreme Court will have to choose between loyalty to Trump or the constitution.
It seemed for a moment that colleges and white shoe law firms were buckling under the bullyboy pressure, but Harvard and more principled lawyers have drawn lines in the sand against a presidency that Donald Trump has transformed into a weapon of grievance and revenge.
Americans will soon have to decide if due process is a bedrock of our constitutional democracy or are we willing to sacrifice it at the whim of a convicted felon?
One figure should not be forgotten - the national debt of over $36 Trillion. Most of the Trump Tax Cuts of 2017 will be up for renewal soon. The president is also proposing new fiscal enhancements, including no tax on tips or overtime.
Over 10 years these gifts could cost $4.5 Trillion, less a hoped for $1.5 Trillion in cuts to current expenditures. The balance could add $3 Trillion to the National Debt.
A frightening thought, especially if interest rates should rise to counter expected inflation. What happened to the legion of principled Republican deficit hawks? Did Donald clip their scolding wings?
But ultimately President Trump’s fate may depend on more prosaic figures, like the price of eggs or the cost of a new car, as the 2026 midterms loom closer.
In the meantime, keep your tattoos covered. You too might qualify for an extended vacation down in the Trump Due Process Hostel in sunny El Salvador.