John Stoehr

1 week ago | editorialboard.com | John Stoehr

Share this article The president put a 90-day pause on some tariffs in response to the dangerous instability that came out of the bond markets. Other tariffs are still in play, especially the ridiculous 104 percent tax on goods from China and the across-the-board 10 percent tax on all other imports. The reaction on the left went something like this: Ha ha, that clown doesn’t understand anything! He thought he could just barge in here and do whatever he wants.

1 week ago | alternet.org | John Stoehr

When I was a teenager, my dad decided it was a good idea to keep as much cash as possible in the bedroom safe. I don’t remember exactly when this was, but it was probably around 1987. That’s when the stock market crashed so badly that people feared another Great Depression. My dad didn’t trust banks, because his dad didn’t. Grandpa came of age during the Great Depression. He remembered and feared bank runs and bread lines and not being able to find things, forget about not being able to afford them.

2 weeks ago | editorialboard.com | John Stoehr

Share this article When I was a teenager, my dad decided it was a good idea to keep as much cash as possible in the bedroom safe. I don’t remember exactly when this was, but it was probably around 1987. That’s when the stock market crashed so badly that people feared another Great Depression. My dad didn’t trust banks, because his dad didn’t. Grandpa came of age during the Great Depression.

2 weeks ago | rawstory.com | John Stoehr

Now that trillions of dollars have vanished as a consequence of the Trump tariffs, I see that some liberals who are sitting on high perches are talking about how the tide is turning against the president. They tell us that even Donald Trump’s voters are changing their minds. It’s things like this that worry me. It tells me that liberals still operate according to certain articles of faith that are well beyond their expiration dates.

2 weeks ago | alternet.org | John Stoehr

I think Nicholas Grossman is right. In a piece for Arc Digital, the professor of political science at the University of Illinois wrote that Wall Street is now learning the hard way what happens when you insist on looking at the president through the lens of “misplaced faith.” “This collective miss is more than just guessing low. It derives from a larger analytical failure in the financial industry and much of the business community: a refusal to see Donald Trump as he is.