Summary
Home Depot co-founder and GOP megadonor Ken Langone blasted Trump’s sweeping tariffs as “bulls–t,” calling the 10% across-the-board rate and country-specific hikes—like 34% on China and 46% on Vietnam—“too aggressive” and poorly calculated.
Langone criticized the administration’s formula, based on trade deficits, as nonsensical.
Other prominent figures, including economists and billionaires like Stanley Druckenmiller, Bill Ackman, and Elon Musk, have also spoken out.
Critics warn the tariffs hinder negotiation and lack sound economic grounding. Langone said Trump is being “poorly advised” on trade policy.
Tough luck rich guy. You wanted it so you could go back to your fantasy of the past. Now he is shitting on you like he promised to do and you helped pay for it. schadenfreude
I find it particularly funny that he says Trump is being “poorly advised” on trade policy. You are already at the stage where the Czar is never to blame, it always falls on the Noble advisors at his imperial court.
I swear I saw an undertaker measuring Musk for the casket. Even he’s got to realized he’s being set up as the fall guy. Before the year is out, he’ll be propped up for display in the town square for everyone to revile (and be distracted from the real fascist).
FIGURATIVELY
I see it more like saying his handlers ought to be handling him better. Maybe the people who Trump is supposed to serve are having trouble with that. I do hope so. If his wealthy backers turn against him, he won’t last long.