What does a TRUMP presidency look like?

[Solmyr]

It is kind of ridiculous the President has the ability to just unilaterally dictate something like that.

He doesn't have the power, just the ability. This won't stand up in court.

And the court won't matter. When ICE starts throwing every international Harvard student in detention, they will disappear quickly.

[Richard Hakluyt]

Looking for a silver lining; at least Canada the UK and other countries in the free world will get their pick of well-heeled and talented foreign students.

(Unless the UK votes for Reform in 4 years time of course)

[Richard Hakluyt]

It should probably be pointed out to Agent Orange that the foreign students are a valuable resource and that other countries will "unfairly" poach them if his regime persists in this tomfoolery. That might get him on side to mitigate this ludricrous plan.

[Syt]

I doubt it would override the inherent anti-intellectualism of this administration.

[Crazy_Ivan80]

Maybe Europe should poach the entirety of Harvard. Buildings and all and get them to relocate over here...

Anyway, Xi is laughing all the way to bank. He won.

[Josquius]

Looking for a silver lining; at least Canada the UK and other countries in the free world will get their pick of well-heeled and talented foreign students.

(Unless the UK votes for Reform in 4 years time of course)

Should serve as a kick to the government to get a move on with various construction projects around major uni cities...
They won't though.

[Bauer]

I doubt it would override the inherent anti-intellectualism of this administration.

I was just reminded of this old Soviet joke:

3 KGB were put in charge of an investigation.  1 would do the reading, 1 the writing, and the other would keep an eye on the two intellectuals.

[crazy canuck]

It should probably be pointed out to Agent Orange that the foreign students are a valuable resource and that other countries will "unfairly" poach them if his regime persists in this tomfoolery. That might get him on side to mitigate this ludricrous plan.

I think the biggest impact of this, and all the other chaos that is happening in the United States, is that we will finally solve the brain drain to the United States and we will keep our best and brightest students at home.

[Valmy]

Looking for a silver lining; at least Canada the UK and other countries in the free world will get their pick of well-heeled and talented foreign students.

(Unless the UK votes for Reform in 4 years time of course)

This is the heart of the problem. Sure the US looks on the brink of disaster...but everybody else isn't much better. And besides the US is still the heart of the world economy, as it goes down it will take everybody else with it.

There is no escape. The world is too globalized to run from the problems.

[Syt]

$250,000,000? Much less than I thought.





I'm sure he will threaten other corporations that manufacture in China, like, I dunno, a certain e-car manufacturer?

[The Minsky Moment]

$250,000,000 !!!!     
(we need a Dr. Evil GIF)

If the trade "deficit" with the EU were really $250,000,000, it would hardly be a concern given the appox $1.5 trillion in trade.  250 million can't even buy you a decent jet these days . . .

In reality Trump is probably referring to the balance of trade in goods, with the EU shipping $235 billion (not million) more than it received.  That number being offset by a substantial trade in services favoring the US side as well as large net investment from the EU into the USA.

[Josquius]

I see trump is still not getting what a tariff is.
He trying to get another definition added to the dictionary here?

[Syt]

$250,000,000 !!!!     
(we need a Dr. Evil GIF)

If the trade "deficit" with the EU were really $250,000,000, it would hardly be a concern given the appox $1.5 trillion in trade.  250 million can't even buy you a decent jet these days . . .

In reality Trump is probably referring to the balance of trade in goods, with the EU shipping $235 billion (not million) more than it received.  That number being offset by a substantial trade in services favoring the US side as well as large net investment from the EU into the USA.

I'm always baffled by how they get away with ignoring services. I guess unless it's a thing that gets manufactured and that you can touch it doesn't count as "real"

[Syt]

Live in poverty? Buy crypto!

https://www.msn.com/en-us/news/politics/republican-senator-insists-making-us-the-crypto-capital-of-the-world-is-good-news-for-americans-living-in-poverty/ar-AA1FiNRs

[Baron von Schtinkenbutt]

I'm always baffled by how they get away with ignoring services. I guess unless it's a thing that gets manufactured and that you can touch it doesn't count as "real"

A significant portion of their base is convinced that "services" aren't a real economy.  Only physical stuff (manufacturing, resource extraction, and agriculture) is "real".  Therefore, it doesn't matter how much software US companies sell to Europe, or anywhere else.

The usual rationale I see for this is that you can't eat, wear, sit on, or live in services.  Therefore, if we depend on other countries for the things we can they have us by the balls because, the theory goes, they could just turn off the flow of goods and we'd quickly be starving, naked, and homeless because we can't build things anymore.  On the other hand, they wouldn't miss our "services" at all.

It's a spectacular failure to understand how the modern, interconnected, global supply chain and economy work.  It's also a failure to understand that autarky doesn't work.