Summary
Ted Cruz warned that Trump’s tariffs could trigger a GOP “bloodbath” in the 2026 midterms, citing inflation and market fallout as major risks.
On his Verdict podcast, Cruz criticized tariffs as taxes on consumers and urged they be short-lived.
The S&P 500 and Nasdaq 100 plunged nearly 10% over two days. Senator Rand Paul and others echoed concerns, with Paul warning tariffs could add $5,000–$15,000 to car prices.
Senator Chuck Grassley has introduced a bill requiring congressional approval of tariffs within 60 days or automatic expiration.
and then the many trumpers that are dependant medicaid/care which Dr, snakesoilman will cutoff soon.
That’s definitely next. But the tariffs are absolutely going to fuck people over.
Then increased cost of food and other necessities is only the first part.
The next is companies finding ways to skimp where they can. I.e. payroll. They’re going to lean up and dump “extraneous” employees. Maybe reduce staffing below redundancy and fuck coverage. Maybe reneg on promised raises. And closing down unprofitable stuff. Maybe move to using AI for ever increasingly stupid applications.
The shockwave in the markets is only just beginning.