Why ‘Liberation Day’ Frightened Democrats
David Catron
Anyone foolish enough to take seriously the rhetoric of the Democrats concerning the reciprocal tariffs announced by President Trump on “Liberation Day” will experience two sensations — dread and confusion. This unpleasant combination was inevitable due to the strident denunciation of tariffs by a political party whose presidents have routinely deployed them in the recent past. President Obama, for example, imposed a 35 percent tariff on Chinese tires and President Biden deployed a 25 percent tariff on Chinese steel and aluminum. Yet the voters are now expected to believe the Trump tariffs will somehow plunge us into a recession or something akin to the Great Depression.
Trump promised these voters he would use tariffs to revitalize manufacturing … we are already seeing encouraging developments.
It goes without saying, of course, that the corporate media is dutifully parroting the Democratic Party line. A wide variety of “news” outlets have blamed the recent Stock Market slump on Trump’s tariffs. Nonetheless, as the President’s Treasury Secretary Scott Bessent told Tucker Carlson on Friday, “For everyone who thinks these market declines are all based on the President’s economic policies, I can tell you this decline started with the Chinese AI announcement of DeepSeek.” And yet, the corporate media continues to diagnose the country’s economic health based on the day-to-day Dow Jones Average, taking no notice of the following admonition from former Clinton Labor Secretary Robert Reich, “Repeat after me: The stock market is not the economy.”
more
https://spectator.org/why-liberation-day-frightened-democrats/
