Did you know Erika Mcentarfer?
Me neither. Until last Saturday.
We are in good company: 99.99% of Americans had never heard of it before Saturday.
Mme MCENTARFER was the chief statistician of the American federal government for the labor market.
She publishes data showing that job creation has been anemic in the past three months in the United States.
Trump is not happy. Boom! Mme MCentarfer is dismissed.
Trump sees a plot. Another.
Inconsistencies
In politics, you can make up, embellish, spinnerbut when people’s daily life is assigned (the grocery basket, employment, the price of petrol, etc.), the best prestidigator, the largest illusionist will be able to do anything.
In his dreams, Trump would undoubtedly like to be able to do like Saparmyrat Niyazov, the late dictator of Turkmenistan; He had been appointed president for life, demanded that he be described as “prophet”, had written a book placed by his regime at the same rank as the Bible and the Koran, erected statues of him everywhere, gave his name to lots of places, and renamed the months of the calendar with the names of his family members.
We laugh, but it’s not really funny because Trump’s economic policy is based on fundamental inconsistencies and justifications that change continuously.
It is absolutely Im-Pi-Issi-Bleu it works in the long term.
Prices cannot both create permanent jobs and be a temporary negotiation tool.
It is one or the other, but not both at the same time, and if prices can create jobs, they make them lose too.
This is a first inconsistency.
No later than March 9, 2025, Trump said to the Americans: “We’re going to become so rich, you’re not going to know where to spend all that money.»
Uh, no. Prices cannot generate huge taxation income if they aim to tax imports … which no longer fit, because you tax them.
To put it differently, prices prevent imports from entering or are used to reap money by taxing the imports that you let in.
You are targeting one or the other, but not both at the same time.
This is a second inconsistency.
Trump says he wants to eliminate the federal deficit, but without touching two of the most expensive programs: Social Security and Medicaid.
Perfectly impossible. It is a third inconsistency.
Trump says he wants to lower taxes simultaneously and eliminate the deficit.
It is one or the other, but not both at the same time, since the tax cuts deprive the government of income, which increases the deficit.
This is a fourth inconsistency.
Sorry
Trump says one day that he wants to reduce the debt and, the next day, that debt is not important, while continuing to borrow.
This is a fifth inconsistency.
Whether it likes it or not, on this side of the border too, the worst is to come.
Let us prepare to suffer.
Sorry.