🧵 Yesterday, Trump had a press conference in the Oval Office. He said, "You know, our country was the strongest, believe it or not, from 1870 to 1913. You know why? It was all tariff-based. We had no income tax... - ThreadSky

lmacthompson1.bsky.social • 50 days ago

🧵

Yesterday, Trump had a press conference in the Oval Office. He said,

"You know, our country was the strongest, believe it or not, from 1870 to 1913. You know why? It was all tariff-based. We had no income tax...

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adriennegoss.bsky.social•50 days ago

Yes, thank you!

fedupnana.bsky.social•50 days ago

Fellow Georgian here!
This is a terrific thread!
I would love to be able to post the entire thread on other sites! Do you post on Substack or another site?

lmacthompson1.bsky.social•50 days ago

Then in 1913, some genius came up with the idea of let's charge the people of our country, not foreign countries that are ripping off our country. And the country was never relatively—was never that kind of wealth. We had so much wealth, we didn't know what to do with our money.

lmacthompson1.bsky.social•50 days ago

We had meetings. We had committees. And these committees worked tirelessly to study one subject. We have so much money. What are we going to do with it? Who are we going to give it to?" -Trump, 4/7/25

Did you know that you know an actual expert on the period of 1870 to 1913?

It's me. I am.

fedupnana.bsky.social•50 days ago

Trump always sounds like a 7th grader giving an oral report on a book he never read.

lmacthompson1.bsky.social•50 days ago

I've been studying this time period for two decades and I don't mean reading a Doris Kearns Goodwin book every few months. I am a trained scholar of the Gilded Age and Progressive Era.

lmacthompson1.bsky.social•50 days ago

There's a lot of us actually who study this period. In fact, I was in a room with many of them over the weekend. We stared at Trump Tower in Chicago while we met. It was... motivating.

lmacthompson1.bsky.social•50 days ago

Do you know what happened between 1870 and 1913? There were two economic panics. Huge ones. Deep, scarring, panics where many working people went hungry and jobless.

Do you know who was "rich" in that period?

lmacthompson1.bsky.social•50 days ago

The Carnegies. The Vanderbilts. JP Morgan, who almost singlehandedly controlled the nation money's supply. Wild swings occurred in the stock market. Working people were paid pennies.

rmac47.bsky.social•50 days ago

Every hour this moron shows just how REALLY stupid he is. Lock him up and throw away the key.

karenklw.bsky.social•50 days ago

It’s laughable that he claims he did well in business school

drkevguitar.bsky.social•50 days ago

Thank you so much for this thread.

lmacthompson1.bsky.social•50 days ago

Of course. Thank you for sharing.

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