As the stock market loses more yardage than the Giants offense; as trade wars break out across the globe like pimples on the face of a teenager; as investors stuff cash under their mattresses and Donald Trump admits a recession is a possibility; as business leaders open their Wall Street Journals every morning like they’re opening a crypt, one Fox News contributor insists it’s time for America to thank Trump for his economic genius.
No, really, she said that.
“I cannot get over these business leaders, sitting there whining about the quarterly report while President Trump teaches them how to build an economy based on the love of the country and love of your neighbor,” Batya Ungar-Sargon told a Fox News audience on Monday. “We should be listening and watching and saying thank you rather than whining and moaning.”
Never mind that every time a right-wing commentator or Republican politician opens their mouths they’re demanding a thank-you note to Trump. But the notion that successful business leaders must take advice from a guy who went bankrupt six times (or four, depending on how you count), including while in the casino business, is nervy.
But Ungar-Sargon goes further in her cultish praise and analysis: She insists that tariffs have netted American workers higher wages.
Maybe she meant to say “unions.”
Regardless, there is near-zero polling that shows that working-class Americans want to pay more for anything or everything, including Canadian electricity.
Economics 101: Tariffs bring higher prices and unemployment, not bigger pay checks.
Still, Ungar-Sargon insists Americans, rich and poor, as they’re getting spanked economically, should tell Trump, “Thank you, sir, can I have another?”
“Donald Trump has done an amazing thing,” she said. “He turned the GOP into the party of the working class. And working-class voters love tariffs because they make their labor more rewarding for them. They get the American working class higher wages, which they can then use in the marketplace to compete against elites and to actually achieve the American dream.
“President Trump is teaching a generation of Republicans and business leaders how to build an amazing economy that will lift all boats, that will lift working class people, as well as the stock market, and that will give the GOP a ruling majority for years and years to come, an economy based on love of country that will make America into the powerhouse of manufacturing, this superpower that it used to be.”
We’ll point out that the stock market has been in full retreat since Trump moved into the White House. Unemployment is rising; other guests on Fox News are calling the overall economy “very wobbly” and insisting a “bigger crash” could be coming; former Trump economic adviser Stephen Moore is criticizing Trump’s fickle tariff-palooza policy; and Sen. Tommy Tuberville, that economic whiz, has blamed the market pull back on “over-bloated” stocks.
Well, at least a Kennedy is making money in the down market.
When President Joe Biden’s economy was roaring, Trump said it was because of him. Now that Trump has the economy in the toilet like it’s a classified document at Mar-a-Lago, he says it’s Biden’s fault.
The bottom line on everyone’s bottom line: There doesn’t appear to be a reason for anyone to say thanks, except maybe Elon Musk, who keeps racking up billions more in government contracts as he throws federal employees — many of whom are war veterans — out of work.
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