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.

  • Allonzee@lemmy.world
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    6 天前

    “Why the fuck are you stupid leopards eating my face?!I bribed good money to have them eat the poories while I laughed!”

  • boolean_sledgehammer@lemmy.world
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    6 天前

    Every goddamn conservative parasite in this country needs to carry the stain of Trump until the day they die. Any time any one of these blubbering fucks tries to speak they need to be reminded of what their diseased worldview got us.

    Don’t argue with them, don’t attempt to reason with them, just remind them how badly they absolutely fucked everything from here on out.

  • SpiceDealer@lemmy.dbzer0.com
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    6 天前

    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.

    Well, you should’ve thought about that before you donated money to him.

    Megadonor? More like Mega-simp.

  • j0ester@lemmy.world
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    7 天前

    Isn’t this the same guy that wants to charge for parking in Home Depot if you don’t buy something in their store?

    • ByteJunk@lemmy.world
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      6 天前

      This is standard practice in most supermarkets and even shopping centres that are located in higher density city centers in Europe, because otherwise nobody would be able to find a spot to park…

      • chatokun@lemmy.dbzer0.com
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        6 天前

        I get that, but I’ve gone to Home Depot to buy something expensive(in room ac), listed on their site as available, only to find none when I got there. I wouldn’t want to pay parking for what amounts to false advertising.

        • ByteJunk@lemmy.world
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          6 天前

          Oh I’ve had this happen, and the staff were attentive and asked me if I needed them to validate my parking.

          It really depends where this is coming from, if its a global policy for all stores even if they don’t need it, it’s a dick move. If they apply it to only the stores where parking is a big issue, I can understand.

  • TipRing@lemmy.world
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    6 天前

    Trumps entire economic “plan” was to levy massive sweeping tariffs. He wouldnt shut up about it during the campaign, Harris kept warning that he was really going to do it, Trump kept insisting he was going to do it when surrogates attempted to soften his stance and now he is actually doing it. How stupid do you have to be to think he wasnt going to do the key part of his agenda?

  • prole
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    5 天前

    Someone missed the memo and didn’t buy the dip.

  • tigeruppercut@lemmy.zip
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    7 天前

    These kinds of people could lose 90% of their wealth and nothing material would change in their lives (ok maybe after they drop down to mere 100 millionaire status they’d have to sell the mega yacht). It’s hilarious to see people like this getting upset because “number went down”, when they could just choose to not be upset about it-- they’re literally too broken in their brains to be happy.

    • barneypiccolo@lemm.ee
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      6 天前

      They have mental illness - OCD and Hoarding.

      If I collected old newspapers, or cats, or old vehicles, etc., far beyond what anyone would consider normal, I’d be called a hoarder, and people around me would try to get me medical attention.

      But when these people do the same thing with money, they are practically worshipped, and they are encouraged to hoard more, and use their money to change the laws to get them even more money to hoard. Imagine someone who is hoarding hundreds of cats, and actively breeding more of them. NOBODY would encourage it, they would take the cats away, and find them new homes, and get psychatric treatment for the hoarder.

      We need to treat billionaires like the financial hoarders that they are. Take away their hoard, and discourage hoarding behavior in the future, for the same reasons that we would remove the cats - because it’s bad for society.

      • angrystego@lemmy.world
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        7 天前

        I don’t think it’s just about possessions for them, it’s about power, influence. If he get’s slightly poorer, he may no more be able to buy politicians and make them do what he wants.

        • gonzo-rand19@moist.catsweat.com
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          6 天前

          You can buy a US congressperson for as little as $10-15k depending on the state, so that really can’t be it. Check OpenSecrets for confirmation.