Congress Is Back And We Have A Big Economic Argument To Go Win
Hopium Chronicles By Simon Rosenberg
Morning all. Let’s start with a few reminders about some meaningful ways Trump, his agenda and his false narratives have been rejected, challenged and defied in recent weeks:
In what was an incredible repudiation of Trump’s economic agenda, last month, for the first time in over 100 years, all three US credit rating agencies downgraded America’s sovereign credit rating. This weekend the WaPo ran a story about how Wall Street is warning Trump and the GOP to drop their reckless reconciliation bill. Global markets are not buying their “no increase in the deficit” bullshit.
Two different courts declared their terrible tariffs illegal last week. While a higher court issued a stay allowing the tariffs to remain in place, their future are now very much in doubt. Trump Always Chickens Out (TACO) became a huge, humiliating meme last week. Trump also keeps losing in our court on issue and after issue, even now twice in the Supreme Court.
The Musk/Chainsaw era came to a sad and very public end last week. Musk is now having to focus on salvaging a deeply damaged Tesla brand (well done all).
https://www.hopiumchronicles.com/p/congress-is-back-and-we-have-a-big