Chaos and confusion. That pretty well sums up the week we just managed to live through.
It is apparent that there is no master plan, the White House is just throwing stuff against the wall and hoping it will stick. And if it doesn't, they are denying that it happened.
One of the most concerning occurrences this past week was the refusal, in court, to correct the injustice done to the Maryland father illegally sent to El Salvador AND the continued refusal to find a way to allow those deported to the prison in El Salvador their due process.
Wait--destroying the world trade markets without a cogent plan--or any plan is a close second.
One writer sums up some of the week's happenings as follows:
On Friday, China imposed 125% tariffs on goods from the U.S. A spokesperson for the Chinese Finance Ministry said that Trump’s tariff machinations “will become a joke in the history of the world economy.” At 9:20 a.m. President Trump posted: “We are doing really well on our TARIFF POLICY. Very exciting for America, and the World!!! It is moving along quickly. DJT.” The new tariffs had badly threatened Apple Inc., and at 10:36 p.m. the U.S. Customs and Border Protection posted a notice that various electronics, including smartphone and computer monitors, are exempt from the tariffs.
When economist Justin Wolfers commented: “I just want to tip my hat to the crack team of White House economists who were able to discover—in just a few short days—that the U.S. is dependent on China for smartphones, computers and semiconductors.” Dr. Soumya Rangarajan noted that “a basic medicine we use 1000x per day in the hospital, heparin, is also dependent on China, and people will die without it.” As Sabrina Malhi of the Washington Post explained, about 12 million people hospitalized in the U.S. need heparin every year, and it is only one of the many medications that will be affected by Trump’s tariffs on goods from China.
It is clear that there is no plan and that we are living at the whim if a president who has visions of grandeur, but has no comprehension of the second and third order effects from whipsawing leadership.
Sadly, the week ahead looks to be as turbulent and unconstrained as the week past. Maybe the Easter holiday will bring redemption and sanity.
-- Bob Doan, Tequesta, FL
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