Political Quotes

“Mr. President, I would like to begin by reading a quote from Bill Ackman, the billionaire well known for his support of Donald Trump. He said: We are headed for a self-induced, economic nuclear winter, and we should start hunkering down. Preston Caldwell, a senior economist from Morningstar Research, likewise, said: If they're maintained, the tariff hikes announced April 2 represents a self-inflicted economic catastrophe for the United States. Meanwhile, Larry Fink of BlackRock says, most CEOs he has spoken to would say we have already entered a recession. The damage of Donald Trump's tariff tax has already been done. And regardless of what the markets say from one hour to the next, there are no signs that the chaos is changing at any time soon. Americans are anxious. Nobody, looking at their retirement accounts today is feeling anything close to liberated. It has been a hellacious few days for people worried about their 401(k)s and their savings and their kids' future. And that is not changing anytime soon. Before things get worse, Donald Trump should immediately reverse his reckless trade war. He should halt his tariff tax at once, and he should start focusing more on America's actual trade adversaries, like China, instead of picking a fight with the entire world and causing chaos and steering us toward a recession in the process.…”