Re: April 2, 2025 (Wednesday) (fwd)

[robert <http://dummy.us.eu.org/robert>]

James Surowiecki?  I guess the wisdom of crowds was thrown out with the
bath water.

I really like the SNL cold open.  Really hilarious.

 > From: Noelle <noelle>
 > Date: Thu, 3 Apr 2025 07:50:11 -0700 (PDT)
 >
 > https://www.theguardian.com/us-news/2025/apr/03/trumps-idiotic-and-flawed-tariff-calculations-stun-economists
 > 
 > On Thu, 3 Apr 2025, Noelle wrote:
 >  > https://www.mercurynews.com/2025/04/03/this-is-the-dubious-way-trump-appears-to-have-calculated-his-reciprocal-tariffs/
 >  > 
 >  > Instead, the Trump administration seems to have used quite a simple 
 >  > calculation: the country’s trade deficit divided by its exports to 
 >  > the United States times 1/2. That’s it.
 >  > 
 >  > The calculation was first suggested by journalist James Surowiecki 
 >  > in a post on X and backed up by Wall Street analysts.