this post was submitted on 14 Feb 2025
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politics

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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.

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[–] MagicShel@lemmy.zip 89 points 2 weeks ago* (last edited 2 weeks ago) (1 children)
  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 50 points 2 weeks ago (1 children)

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 43 points 2 weeks ago (1 children)

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

Way to go, Murdoch.

[–] Cort@lemmy.world 13 points 2 weeks ago (2 children)

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

[–] diskmaster23@lemmy.one 2 points 1 week 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.

[–] loaf@sh.itjust.works 69 points 2 weeks ago (2 children)

You know it's bad when Rupert Murdoch's corrupt ass chimes in.

[–] Dagwood222@lemm.ee 28 points 2 weeks ago (1 children)

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 6 points 2 weeks 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 7 points 2 weeks ago* (last edited 2 weeks 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.

[–] CubitOom@infosec.pub 52 points 2 weeks ago (1 children)

Its almost like he is systematically trying to destroy the country.

[–] WhatAmLemmy@lemmy.world 27 points 2 weeks ago (2 children)

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 8 points 2 weeks ago

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

The only immigrants people should be trying to oust right now are Musk Murdoch and Melania. The world would be a better place for it.

[–] foggy@lemmy.world 30 points 2 weeks 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.

[–] eran_morad@lemmy.world 19 points 2 weeks ago

Fuck me, we’re still not getting it? HE DOES PUTIN’S BIDDING.

[–] Spacehooks@reddthat.com 12 points 2 weeks ago (1 children)

Well he's an expert on bankruptcy

[–] Clent@lemmy.dbzer0.com 2 points 2 weeks ago

A casino no less. Multiple times.

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

[–] technocrit@lemmy.dbzer0.com 11 points 2 weeks ago (1 children)

Yes somebody finally SLAMMED this guy! The resistance is working, y'all!!! Just a few more slams... \s

[–] model_tar_gz@lemmy.world 5 points 2 weeks ago

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

[–] TimLovesTech@badatbeing.social 7 points 2 weeks ago

When you and your "buddies" business model is to make money off the destruction of our institutions, and off people's pain, then everything is going according to plan.

[–] Treczoks@lemmy.world 7 points 2 weeks ago

He never did.

[–] Zier@fedia.io 5 points 2 weeks ago (2 children)

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

[–] Honeybee@sh.itjust.works 2 points 1 week ago (1 children)
[–] Zier@fedia.io 1 points 1 week ago

C. All of the above.

[–] tetris11@lemmy.ml 1 points 2 weeks ago
[–] inclementimmigrant@lemmy.world 3 points 2 weeks ago

And once again, anyone in the Wall street journal have no room to say shit after most of them endorsed him.

[–] I_Miss_Daniel@lemmy.world -1 points 2 weeks ago