If you'll check a historic calendar (which is easy enough to do), you will clearly see that there are three possible days which could validly be celebrated as marking the end of World War II. They are: August 14th, August 15th, or September 2nd. The initial announcement of the surrender of Japan was made on August 14th, in Japan. Due to the nature of time zones, this happened when it was August 15th in America already. Then the formal surrender, which happened on the deck of the battleship U.S.S. Missouri, was signed on September 2nd. The president at the time, Harry Truman, announced the United States would celebrate what was known as "V-J Day" (for "Victory over Japan Day") on September 2nd. So that would be the most likely day you'd expect any subsequent American president to announce as a new semi-holiday, since it was when World War II actually officially ended. But you'd be wrong.

Read Complete Article »

Donald Trump hit two milestones this past week: his first 100 days in office, and his first quarter of negative G.D.P. growth. True to form, he celebrated the first of these with a rally, while blaming the second on Joe Biden. He even tried to front-load any bad economic news in the second quarter as Biden's fault too. Oh, and for good measure, Trump expressed a desire to become the next pope. Which would probably be fine with plenty of Americans -- as long as he quits his current job in order to do so.

Read Complete Article »

Which brings us to Trump's strongest point, albeit one where his polling is also falling fast. On the subject of the southern border, the public does approve of what Trump has been doing. But on the larger subject of immigration, Trump is underwater in most polls, after starting out his term with those numbers in the positive ranges.

Read Complete Article »

Donald Trump's first 100 days of his second term as president has been a real horrorshow. I use this term deliberately, mostly because it can be used in two opposing ways... at least, if you either speak Russian or are a fan of Anthony Burgess. It can be used in the traditional English meaning of "something that is difficult to deal with or watch because it is so bad or unpleasant." It can also be used as Nadsat future-teen slang from the novel (and film) A Clockwork Orange, where it was borrowed (Anglicized) from the Russian word khorosho -- which actually means "good." So how you personally use it will depend on how you see Trump.

Read Complete Article »

Let's start with some good news today, shall we?

Donald Trump's second-term honeymoon phase now seems to officially be over. As new polling continues to roll in (in advance of his 100-day mark next week), it seems to all be telling pretty much the same story. Trump is now in a neck-and-neck race for "fastest slide into disapproval ever" -- with himself. Only one other president in modern times has seen his job approval numbers with the public go underwater this fast, and his name was also Donald Trump (in his first term). It depends on the poll, but in some he's already worse than he was at this point in 2017. No other president was even in negative territory at this point, it bears mentioning.

Read Complete Article »

James Carville's famous political maxim ("It's the economy, stupid") needs updating. As we all ride out the Trump Slump in various ways, what we've got now is: "It's the stupid economy." The people running things are stupid. They are making stupid decisions. They have no clue whatsoever what they are doing, and it shows. Stupid is as stupid does. Welcome to The Stupid Economy, folks.

Read Complete Article »

What exactly is the point of the Trump trade war? Asking this question to different people in the White House gets you different answers, and Trump himself (as usual) contradicts himself almost daily, attempting to have things both ways. The clueless nature of the entire exercise is becoming more and more apparent as the first week of the Trump trade war draws to a close.

Read Complete Article »

Well, not really, not yet -- not enough to justify that particular word, but hey, we couldn't resist....

While it doesn't rise to the level of a "revolt" quite yet, there is already a significant pushback on the Trump tariff war coming from within the ranks of his own party. One Senate bill to rein in the tariffs already passed with four Republican votes, and that number has now grown to seven GOP senators who are cosponsoring an even wider clawback of the constitutional power of levying taxes from the White House. Significantly, now a House Republican has said he's going to introduce a companion bill in the House.

This isn't enough -- not yet, at any rate. But it is rather surprising to see happen so quickly. But then this whole self-inflicted economic crisis has been moving rather swiftly all around, so perhaps it's not that surprising to see.

Read Complete Article »

So, does everyone feel wonderfully "liberated" now?

President Donald Trump, in his second term, decided to liberate himself from having any adults in the room when he made important decisions. Instead, he surrounded himself with ass-kissers and other assorted sycophants, all of whom tell him he is great no matter what crazy notion pops into his head.

This is the result. Yesterday, the Dow Jones average lost 1,600 points. Today it lost another 2,200 points. Trump has singlehandedly crashed the economy -- and we're only two days in.

Read Complete Article »

There is no shortage of colorful language (and memes!) being used today to describe the new Trump Tax we're all about to pay -- after having been "liberated" from, y'know, paying less money for stuff. I chose the term financial pundit Ross Gerber used to describe it for the headline, as it seemed the most descriptive:

Read Complete Article »