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timmer230.bsky.social
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The S&P 500 has lost 10.5% of its value in two days. Since 1980, we've only seen larger declines three other times: the '87 crash, Nov 2008, and Mar 2020. And those weren't due to policy choices. This may be the largest self-imposed destruction of wealth ever.

punishing the coffee shop across the street from my office for my increasing trade deficit by unilaterally imposing a 30% increase on the price I pay them for my coffee this will make me unimaginably rich

We are speedrunning the Declaration of Independence, folks.

This has to be the dumbest time to be alive as an American. We had the best post-covid economy in the world, but no one believed it, so now we'll have the worst.

2026: under cover of darkness a Nova Scotian fishing boat quietly slips into a cove in Maine, dropping off crates of Nvidia GPUs and picking up barrels of bourbon before disappearing back into the night, one step ahead of the coastguard drones

Today's stock market crash was the worst since the Spring of 2020. Can you guess who was president during *both* crashes? I bet you can!

And that’s if you believe the $600b figure. Some economists believe it could be half that.

Sometimes I am struck quite forcefully by how Trump’s greatest weapon is us: our collective ignorance, indifference, laziness, quickness to anger, willingness to cede reason to a strongman, willingness to believe the worst of the Other. We are his terrible swift sword.

Let's zoom in on the "not too much time" here. Does anyone know how long it takes to set up a manufacturing plant? Not just the physical building but the supply chains? hiring? "not much time". Since the time can't be much less than 3 yrs at the absolute minimum ...

"The numbers have been calculated by the Council of Economic Advisers"

Trump campaigned on his unhinged plan to impose tariffs on the entire world and Corporate America could have made it clear that this would have devastating consequences for consumers and the economy but instead they just assumed that Trump would not follow through and supported Trump

So the basic proposal, if I’m following correctly, is to wrench the whole American consumer economy back to Gilded Age protectionism by means of Executive fiat, right now, tonight, while Congress tries to relieve the tax burden on some rich people but everyone else goes on paying income taxes too.

this shit sucks so much, most of us have lived through at least 3 other recessions now im just so sick of this shit they just keep stealing our future from us

Attorney General Seeks Death Penalty For All UnitedHealthcare Customers

This makes no sense—civilization would "disappear" if it didn't keep growing above 8 billion people? people would just give up having children? huh?—until you see what countries he has excluded from "every country." Then you understand what the apartheidist means by "civilization."

They’ll never accept it, but everyone who cast a vote for Donald Trump did real, generations-long damage to the United States and the west in exchange for essentially nothing of value.

I’m old enough to remember when Secretary Hegseth tried to publicly mock Judge Reyes—suggesting that she didn’t know what she was doing when it comes to protecting our national security. It was … two days ago.

what if instead of giving one person all the money to make our lives worse we instead kept the money to make our lives better

FedSoc trying to shove the orange genie back into the bottle

Art imitates life. A self-anointed king propped up by a slippery tech overlord.

The man who issues threats daily and then immediately backs down from them has done it again. You better watch it, because next time he might really mean it.

AOC: It's really because Republicans— they’re very thin skinned and they're very sensitive, and their feelings are very easily hurt. And so they have to vote on censure resolutions.

Imagine watching Office Space and rooting for The Bobs.

The idea the president alone can levy taxes on a whim and spend it as he pleases without any congressional approval is the kind of thing so beyond the pale it's not unconstitutional, it's anti-constitutional. It is overturning in starkest terms the central rallying cry of the American Revolution.

Fuck everyone who ever voted for, apologized for, or supported this guy in any way.

Trudeau: I want to speak first directly to the American people… your government has chosen to do this to you. Your government has chosen to put American jobs at risk. They have chosen to raise costs for American consumers on everyday essential items…

Marco Rubio is like having Tom Wambsgabs as Secretary of State, a man whose ambition is to be an empty suit, on board to take any stance, say anything, whatever the boss wants, and sponge up some of the pain that comes back, all for the trappings, the title, the plane rides, the suits, to be there.

Yes, that’s what Zelensky has wanted for 3 years - a nuclear holocaust and world extinction. Our Director of National Intelligence. Who will never say anything about where Putin fits into all this. Congrats, America.

It is really hard to watch people willfully tear down an infrastructure that allowed us to double lifespans, drastically reduce poverty, and become one of the richest countries in the world.

I am ordering all of my opinion-writing employees to only write about the importance of personal liberty, if they don't want to write on the assigned topic, they will lose their jobs