Summary

The Wall Street Journal’s editorial board criticized Trump’s economic understanding after he linked interest rate cuts to tariffs on Truth Social.

The board called his analysis “intellectual confusion” and explained that inflation concerns make rate cuts unlikely.

While defending Trump from blame for rising prices, the Journal warned that mishandling inflation could damage his presidency.

The article also noted Trump’s past comments about influencing the Federal Reserve, urging him to avoid pressuring Chair Jerome Powell, as inflation could quickly erode his high approval ratings.

  • foggy@lemmy.world
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    7 days ago

    If Rupert Murdoch wants it to stop, all he has to do is stop letting his media machine be state Republican media?

    Eat my fucking septic tank, Rupert, you old disgusting dried up twat. You did this.

  • MagicShel@lemmy.zip
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    7 days ago
    1. No he doesn’t know about money—he’s a moron.

    2. He doesn’t care about damage to the presidency or the country, only personal damage to himself.

    3. He doesn’t care about approval ratings. Either he’s just going to make himself president again, or he’s termed out. Either way, approval ratings can get fucked in his eyes.

    4. Thus, this whole article is an exercise in futility and dumbfuckery.

    • Corkyskog@sh.itjust.works
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      7 days ago

      It’s not written for Trump, it’s written for all the monied interests to wake up and realize that if he steams full ahead with all of his plans they could lose a lot of money.

      • moody@lemmings.world
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        7 days ago

        “Man who worked so hard to get Trump elected complains that Trump is too stupid”

        Way to go, Murdoch.

        • Cort@lemmy.world
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          7 days ago

          Well, they knew he was stupid, they thought he was just dumb enough to be controllable, but they underestimated

          • diskmaster23
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            6 days ago

            They want someone who is cheaper to control. Trump wants like hundreds of millions of dollars, and that’s a chunk of change. If they had more money, instead of funneling it into NPOs, and super PACs, they could do it. None of this is rocket science. Trump is fairly transparent. If Putin and Musk can do it, so can they.

    • Dagwood222@lemm.ee
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      7 days ago

      Murdoch is covering both sides. His NY Post is still a favorite of MAGoos in the tri-state area. It’s been praising Trump for his bold choices.

      • Corkyskog@sh.itjust.works
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        7 days ago

        There is probably more nuance to it. The Post ensures the base stays loyal, this is to guide moneyed interests to try to persuade Trump to not do everything he is saying.

    • 1984@lemmy.today
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      7 days ago

      Murdock owns a lot of media doesnt he? So just like trump, people talking and being engaged in the circus makes him money.

      You guys following what they do, feeling something about it, commenting, its all building their wealth.

      The ad-based economy is about eyeballs and attention from the ordinary joes like yourself.

    • WhatAmLemmy@lemmy.world
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      7 days ago

      Murdoch or Trump? Murdoch has been systematically destroying the developed world for several decades. Trump only jumped in at the last mile.

      • TachyonTele@lemm.ee
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        7 days ago

        Murdoch has been hanging out with Trump in the whote house these past three weeks. Any outrage by him is fabrication.

    • model_tar_gz@lemmy.world
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      7 days ago

      MELTDOWN incoming… Trump FURIOUS! Don’t forget to LIKE and SUBSCRIBE for more SUPERFLUOUS content. 110% not clickbait.

    • Clent@lemmy.dbzer0.com
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      7 days ago

      A casino no less. Multiple times.

      A business where even the patrons understand “the house always wins” and he lost the fucking house.

  • Zier@fedia.io
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    7 days ago

    He’s a psychopathic, junkie, con man, what is not clear about those facts? He destroys everything he touches, everything.