Panicans

On April 7, 2025 President Trump posted on Truth Social: "Don't be a PANICAN (a new party based on Weak and Stupid people.)" The name is a dig at those inciting panic about the possible effects of his tariffs on the economy.

CNN’s Fareed Zakaria, host of “Fareed Zakaria GPS,” shares his take on developments surrounding President Donald Trump’s tariff policies, and why he thinks it’s “getting dirtier fast.” Fareed’s Take: "Trump’s tariffs will bring about an orgy of corruption."

On Sunday, April 13, 2025 Zakaria interviewed Oren Cass and Larry Summers on GPS about A Trump tariff debate. Cass is founder of the conservative think tank American Compass, whose advisors are Robert Lighthizer (Former U.S. Trade Representative); Jeff Sessions (Former U.S. Attorney General); Elbridge Colby (The Marathon Initiative); and Michael Pettis (Carnegie Endowment.) Both Cass and Summers agreed on the crude, ineffective way Trumps tariff policy has been rolled out and that it does not benefit the middle class. Summers was quick to agree with Zakaria that Trump's negotiation approach is rent seeking which ushers in cronie capitalism. This is the worst self-inflicted wound since the era of WWII.

#CNN