“Remember tariffs are a tax, and they’re primarily a consumer tax,” Scaramucci added. It’s “a consumption tax, sort of like a VAT [value-added tax]. And that’s a regressive tax. So what ends up happening is the poor people — it eats up more of their disposable income than any other income group.”
“Tariffs are actually — we’ve had a lot of experience with them. They’re an act of war, to some degree,” Berkshire Hathaway (BRK-B) CEO Warren Buffett said in a new CBS News interview on Sunday.
Calling Scaramucci an “advisor” is like calling someone you met once for 2 weeks at summer camp your “best friend”.
Wait. Let him cook.
I am beginning to see that one’s time under Trump is a test of fortitude and willingness to be scarlet-lettered arbitrarily, and not a test of skill and value. It’s like discovering you’ve been hired by NASA only to find it’s run by Musk and need to keep your head down now to be in position to help with the recovery later.
I worked for a company that tried to do the right thing but was lambasted in the press and snowballed in the court by a 9-lawyer team from a true gorilla of a company. The company saw its prized possessions given away to competitors before its name was trashed irreparably and it was decimated. And I know it only deserved half of that.
So, wait for him to fuck up. Wouldn’t it be funny if the the Mooch got canned for disagreeing with Mr trump behind closed doors, and he was really trying to help America?