Wednesday, July 1, 2026 Sign In

Dealing from the Bottom

Trump is as consequential a president as were Warren G. Harding, Herbert Hoover, and Richard Nixon.

A point-by-point response to a recent letter ( The Real Deal ) claiming Trump is a "consequential" president:

(1) Tariffs — Tariffs are paid at the dock by American wholesalers. The cost is passed on to retailers such as Target, Walmart, and Costco. Those costs are then passed on to consumers.

(2) Ending wars — The government of India declared that a ceasefire was achieved through negotiations between India and Pakistan and totally rejects the claim that a third party (i.e., Trump) had any role in ending the hostilities.