100 Daze

President Underwater did a 100-days-in Time interview, and I must say I’m beginning to have some doubts about the Mental Acuity and Command of Policy Detail candidate:
401ks are down. The Atlanta Fed says our economy is contracting -2.2% during quarter one.
Well, they may have said that, but so far, they’ve been, I mean, I’ve been right. If you look at all of the years that I’ve been doing this, I’ve been right on things. You’re gonna—you’re gonna have the wealthiest country we’ve ever had, and you’re gonna have an explosion upward in the not-too-distant future. You know, I’ve been here now for three months, and I inherited eggs, I inherited groceries, I inherited energy. It was all going through the roof. And we had the highest inflation we’ve ever had as a country, or very close to it. And I believe it was the highest ever. Somebody said it’s the highest in only 48 years. That’s a lot, too, but I believe we had the highest inflation we’ve ever had. I’ve been here now for three months. And three months, we are taking in billions and billions of dollars from other countries that we never took in before. And that’s just the start.
Well let’s talk about the tariffs. You want companies to build and make goods here in America.
Not in all cases. There are some products I really don’t want to make here.
Like t-shirts?
I can’t–I can give you a list because I actually have a list, but if you want, I could give it to you.
Well, I mean, the question is, how can CEOs make long-term plans and investments if our tariff policy can change from day to day and still remains so uncertain?
How can they make long-term investments? I’ll turn it around. How can they make long-term investments if our country is losing $2 trillion a year on trade?
Will you consider giving exemptions—
No wait, just so you understand. How can we sustain and how is it sustainable that our country lost almost $2 trillion on trade in Biden years, in this last year. That’s not—when you talk about a company. I had the head of Walmart yesterday, right in that seat. I had the head of Walmart. I had the head of Home Depot and the head of Target in my office. And I’ll tell you what they think, they think what I’m doing is exactly right.
Another reminder that the American economy is going to be plunged into a recession because the president literally believes that if you pay someone for a good or service you want it is a zero-sum transaction that you have lost.
Your trade adviser, Peter Navarro, says 90 deals in 90 days is possible. We’re now 13 days into the point from when you lifted the reciprocal, the discounted reciprocal tariffs. There’s zero deals so far. Why is that?
No, there’s many deals.
When are they going to be announced?
You have to understand, I’m dealing with all the companies, very friendly countries. We’re meeting with China. We’re doing fine with everybody. But ultimately, I’ve made all the deals.
Not one has been announced yet. When are you going to announce them?
I’ve made 200 deals.
You’ve made 200 deals?
100%.
Can you share with whom?
Because the deal is a deal that I choose. View it differently: We are a department store, and we set the price. I meet with the companies, and then I set a fair price, what I consider to be a fair price, and they can pay it, or they don’t have to pay it. They don’t have to do business with the United States, but I set a tariff on countries. Some have been horrible to us. Some have been okay. Nobody’s been great. Nobody’s been great. Everybody took advantage of us. What I’m doing is I will, at a certain point in the not too distant future, I will set a fair price of tariffs for different countries. These are countries—some of them have made hundreds of billions of dollars, and some of them have made just a lot of money. Very few of them have made nothing because the United States was being ripped off by every, almost every country in the world, in the entire world. So I will set a price, and when I set the price, and I will set it fairly according to the statistics, and according to everything else. For instance, do they have the VAT system in play? Do they charge us tariffs? How much are they charging us? How much have they been charging us? Many, many different factors, right. How are we being treated by that country? And then I will set a tariff. Are we paying for their military? You know, as an example, we have Korea. We pay billions of dollars for the military. Japan, billions for those and others. But that, I’m going to keep us a separate item, the paying of the military. Germany, we have 50,000 soldiers—
It’s all like this. Ah, the marginal American voter.