The Economist’s front page totally nails what Donald Trump’s just done to the US – and the world
Donald Trump’s ‘Liberation Day’ has been and gone and the president’s love of tariffs has proved just as cataclysmic as people who understand this sort of thing (so not Trump) had predicted.
While stock markets tumble around the world and the very real prospect of a generational global recession looms over the horizon, no-one summed it up better than the Economist.
Donald Trump has committed the most profound, harmful and unnecessary economic error in the modern era. Almost everything he said—on history, economics and the technicalities of trade—was utterly deluded https://t.co/AU4XjT1mpT pic.twitter.com/2a8G4JP3Et
— The Economist (@TheEconomist) April 3, 2025
‘Donald Trump has committed the most profound, harmful, and unnecessary economic error in the modern era. Almost everything he said—on history, economics and the technicalities of trade—was utterly deluded.’
And just in case that’s tricky to see in full.
Nailed it!
It’s sabotage meant to wreck America as an economic and every other kind of global power. It’s time to accept that fact. https://t.co/OJ5Yk5Nkh2
— Ruth Ben-Ghiat (@ruthbenghiat) April 3, 2025
And the furious responses it prompted from Magas everywhere (presumably not subscribers) made it even better.
imagine writing for a magazine called The Economist and still not understanding:
– comparative advantage
– leverage
– negotiation
– or why Americans are tired of being a bargain bin for global supply chains— stepfanie tyler (@wildbarestepf) April 3, 2025
Save some digital ink and just say this “Anything Trump does is bad. If others do it, no problem”.
There – saved you many many many articles.
— The Old Guitarist (@guernicapic) April 3, 2025
Not sure if you’ve noticed but the “experts” have been running things the last few decades and we are now trillions in debt.
You have no idea what you’re talking about. Maybe it’s time to admit that.
— JayViper (@JayViperTV) April 3, 2025
Well, let’s see how that goes.
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Source @TheEconomist