Over the last week or so the term #TrumpTaco or #Taco has come across my timelife and on TV. What follows is my explanation of exactly what a Taco is.
Media defines it as Trump Always Chickens Out....TACO. He threatens countries with tariffs but when it comes to enforcement...he delays or cancels. The definition does make logical sense. We know he is perceived as a bully and when confronted. Crumbles.
My explanation goes on a slightly different path. Here it is. On Monday Trump makes headlines threatening Whitemanistan with 75% tariffs on widgets. As we have seen the markets are incredibly sensitive to his comments like this. The news media reports it and the the stock market slumps. On Tuesday Trump and his "buddies(Flunkies and congressmen) buy on the dip...depending on the depth of the dip it could extend to wed or even into Thursday. Untold millions of dollars. On Friday, Trump announces a "deal" with Whitemanistan for a much smaller tariff or cancel the tariff all together. Funny thing is the media in Whitemanistan report of no such deal or even negotiations. (That's the problem he has with Canada. The media is so close we can hear for ourselves about what happened and since we have no basis to disbelieve them and no basis to believe ANYTHING trump says) The market soars and they dump their shares for a large profit. The new tax cuts for the wealthy guarantee they get to keep their profits.
We are being played. Art of the Steal.
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