The following article, How Trump Cashed In While Schumer Cashed Out, was first published on The Black Sphere.
Remind me again—weren’t Trump’s tariffs supposed to sink the USS MAGA and doom everyone aboard?
If you believed Chuck Schumer, each American family would be out $5,000, children would starve, and grandmas would be pawning their dentures to afford insulin.
In April, Chuck Schumer warned tariffs would be a “disaster” and cost American families $5,000.
Reality:
– Inflation fell to a 4-year low
– Gas prices fell for the 3rd month in a row
– Airfare, energy, and hotel prices are down
– Grocery prices had biggest decline in 5 years… pic.twitter.com/YGYEc5S8Z9— Christian Collins (@CollinsforTX) May 14, 2025
Meanwhile, the DOW—apparently unaware it was supposed to panic—was popping champagne at 43,386.84, up nearly 12% since Schumer’s apocalyptic predictions. That’s 404.41 points gained in a single day, a nearly 1% gain. Somewhere, Paul Krugman is crying into a 2009 Nobel Prize that aged like sour milk.
No children were harmed in the replacing of the last “president.” Although Hunter Biden may need a hug. Or a pardon. Or both.
Turns out, tariffs work—even before the ink dries on half the trade deals.
If you’re skeptical, maybe math will sway you. Warning: this is racist, sexist, and homophobic math, according to MSNBC standards—because it proves Trump was right.
According to Yahoo Finance, June tariff revenue is off the charts:
President Trump’s tariffs are pouring billions more into US coffers in June, putting the revenue supplied by importers on pace for another monthly record.
The latest measure of government receipts for “Customs and Certain Excise Taxes” stood at more than $26.7 billion for the month of June, according to the Treasury Department’s latest daily statement dated June 24.
The monthly total is likely to rise only slightly in the coming days, with importers often depositing their tariff duties in a single day and this latest statement showing a massive daily deposit of more than $19.9 billion.
Let that marinate.
That’s $26.7 billion and counting. June isn’t even over. And it’s already eclipsed May’s haul of $22 billion, April’s $17.4 billion, and March’s $9.6 billion.
Add it up:
March: $9.6B
April: $17.4B (↑ 81%)
May: $22B (↑ 26%)
June: $26.7B+ (↑ 21%, with more days left)
Cumulative total? $76.7 billion.
The only “depression” here is being experienced by the pundits who bet against Trump and now have to watch him do math on national television like a boss.
Graph those numbers and they start to resemble Nancy Pelosi’s stock portfolio—right before a conveniently timed vote.
In his second term, Trump’s tariff play makes him look like the Warren Buffett of global trade.
Except instead of sipping Diet Coke in Omaha, he’s golfing in Florida and charging China for the cart rental.
Or maybe Trump isn’t the Buffett of presidents.
Maybe he’s just the Trump of presidents.
Let’s talk about Chuck “Both Sides of the Mouth” Schumer.
Publicly, Schumer told Americans that tariffs were financial napalm—scorched earth for grandma’s budget and little Timmy’s future. Privately, though? He knew the truth. He’s been singing the tariff tune since 2005 like it was a karaoke night and China was the mic.
Democrats on Wednesday vowed to fight President Donald Trump’s tariffs “tooth and nail” and criticized his policies as having started an “absurd, crazy, chaotic trade war.”
Senate Minority Leader Chuck Schumer held a news conference just hours before Trump’s big tariff reveal, where he urged Republicans to join Senate Democrats on a measure to block tariffs on Canadian goods.
Four of them did — GOP Sens. Susan Collins, Lisa Murkowski, Mitch McConnell and co-sponsor Rand Paul — as it passed by a 51-48 vote. Republican Sen. Roger Marshall did not vote and all Senate Democrats voted for it.
Now here’s Chuck in 2005, in full “economic populist cosplay” mode:
SHOCKING: Senator @ChuckSchumer passionately advocates for a 27.5% tariff on China in 2005!
“It says to the Chinese that their unfair trade policies have got to end. The Chinese have enjoyed a yuge trade surplus with the U.S. Every year it gets larger and larger.”
“Much of… pic.twitter.com/IzijFbHPih
— KanekoaTheGreat (@KanekoaTheGreat) April 7, 2025
So which is it with Chuck? Do tariffs save America or sabotage it? He was Team Tariff before Trump made it look cool—and now he’s led the charge to kill it.
Shorter Schumer:
“I’m not against tariffs. I’m just against Trump being successful with them.”
He didn’t just oppose the policy—he rallied to block it and convinced Republicans to jump aboard. (Looking at you, Susan Collins and Lisa Murkowski, the human weather vanes of the Senate.)
But will any of them apologize to Trump?
Will they acknowledge they were wrong? Don’t count on it. You’d have better odds getting Congress to pass term limits, balance a checkbook, or take a polygraph without it catching fire.
The media? Silent. MSNBC is too busy running therapy segments for Democrats who just realized “tariffs” are not, in fact, Russian.
Bottom Line?
Tariffs didn’t break the economy. Nor did they break the middle class. But they did break the narrative.
And now that narrative is limping off the field while Trump’s economic policy is taking a victory lap—with $76.7 billion in one pocket and a “Told Ya So” grin in the other.
If this is “economic warfare,” the only casualty is Schumer’s credibility—and maybe his search history from 2005.
Continue reading How Trump Cashed In While Schumer Cashed Out …