🚨 Liberation Day Dance – April 02 2025

*Stock data as of market close, cryptocurrency data as of 5:00pm AM.

Lead: Happy Liberation Day

Today is Liberation Day in the U.S., as declared by President Trump but we don’t exactly know what that means yet. We know it means tariffs for other countries but…is there a cuisine we should eat to celebrate or a ritual of sorts for the rest of us?

I don’t think it is that kind of holiday. It is an economic milestone when the Trump administration will set taxes on imports from other countries that tax U.S. exports. He calls them “reciprocal” tariffs.

Not all Republicans support the President on this one. Senator Rand Paul co-sponsored a bill to terminate the emergency legislation that will place tariffs on Canada. Other Republicans have joined the efforts to stop the tarriffs, which President Trump said would “let the Democrats have a Victory. It would be devastating for the Republican Party and, far more importantly, for the United States.”

Economists are divided on the tariff idea so there really is no way to know what will happen. The best we can do right now is…hold on. Like we have been.

Deportation Error

Photo credit: Kristi Noem

The Trump administration admitted that it accidentally deported the wrong guy but it’s okay because that guy was a gang member.

The case involves a man named Kilmar Armando Abrego Garcia. He was sent to the megaprison in El Salvador that Secretary of Homeland Security Kristi Noem showed off last week. His wife saw him in a news report about the prison and pointed him out to the government.

“Although ICE was aware of his protection from removal to El Salvador, Abrego Garcia was removed to El Salvador because of an administrative error,” the court document says.

Trump cabinet members are arguing that the man was an MS-13 gang member with “no legal right to be here.”

But how do they know that he was a gang member? Was he convicted of gang membership or gang-related crime? He wasn’t. In a 2019 immigration proceeding, a confidential informant claimed he was a gang member and said that his clothing was proof.

Abrego Garcia refutes this. He is a father with no criminal record, a union sheet metal worker and he complied with his regular ICE checkins.

The police never followed up for evidence so none of us can truly know. That is why we need due process for every human being created by God. The government is not God and should not have the power to do this. As Reason reporter Liz Wolfe put it: “We hold ourselves to a higher standard than that, we believe in due process here, and that’s what makes America great. There will be political consequences to Trump admin’s sloppiness.”

The ACLU says that the government has a list of how it identifies gangmembers including “high-end urban street wear,” Michael Jordan’s basketball jersey, and “sports attire from U.S. professional sports teams with Venezuelan nationals on them” as Tren de Aragua identifiers.

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Economy Is…Good?

New data shows that the economy was good in the first month of President Trump’s second term. Data from the U.S. Bureau of Economic Analysis (BEA) Personal Income and Outlays Report show that consumer spending was up .4% in February 2025.

Also, incomes were up by .9%. According to the report, “personal income increased $194.7 billion (0.8 percent at a monthly rate) in February, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $191.6 billion (0.9 percent) and personal consumption expenditures (PCE) increased $87.8 billion (0.4 percent).”

Maybe it was because the liberal Economic Blackout handing started yet? That began on February 28 so until then, Americans were making more money and spending more money.

Economist Peter St. Onge said that this could still lead to a paper recession because these numbers are maybe a little “too good.” He says that there should be a bigger hangover from the Biden administration.

But will this economic upturn last through new tariff wars?

What’s Trending?

Photo credit: Sony Pictures

The Beatles are trending because the cast was announced for an upcoming biopic about the band. Here it is: Harris Dickinson will play John Lennon, Paul Mescal will be Paul McCartney, Barry Keoghan will portray Ringo Starr and Joseph Quinn will play George Harrison in “The Beatles – A Four-Film Cinematic Event.”

Dennis Rodman is trending because he is not dead, despite the rumors. He confirmed that he is “alive and well” on Instagram.

Spider-Man is trending because the fourth installment of the Tom Holland series of the films will be called “Spider-Man: Brand New Day.”

News By The Numbers

Photo credit: WSJ

24 hours and 20 minutes. That is how long Senator Cory Booker from New Jersey spoke in his record-breaking Senate speech that ended on Tuesday. It was mostly a 24-hour rant against the Trump administration. It was two minutes longer than the previous record for longest speech in Congress held by Strom Thurmond, the South Carolina senator who filibustered to oppose the Civil Rights Act of 1957.

$100 million. That is how much Visa has reportedly offered Apple to take over its credit card service after Goldman Sachs announced it wanted out.

42 inches. That is the length that a Major League Baseball bat must be with 2.61 inches in diameter at the thickest part. The new torpedo bat qualifies and is all the rage in the MLB. It was created by a former player Aaron Leanhardt, who is an MIT graduate and an employee of the Yankees.

Transphobic Toddlers?

Photo credit: Getty Images

How can a 3 year old get kicked out of school for being transphobic? That is what happened in the U.K, according to The Telegraph:

“Department for Education (DfE) data show the child, aged either three or four, was suspended from a state school in the 2022-23 academic year for “abuse against sexual orientation and gender identity.”

How in the world can a 3 or 4 year old abuse someone’s gender orientation? A safe guess would be that a young child saw that his or her classmate was clearly a boy or a girl but pretending to be otherwise and pointed that out.

The Telegraph goes on: “statistics show that 94 pupils at state primary schools were suspended or permanently excluded for transphobia and homophobia in 2022-23.” They don’t give further details on the case but to protect gender identity to the point of kicking children out of schools is outrageous.

The Prime Minister’s office responded to this by saying “Obviously, the Prime Minister would not support those sorts of measures. But equally, I don’t know the specific incident.”

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