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It’s not even that it wasn’t coupled with a public investment strategy, but it was coupled with trying to get rid of existing investments like the CHIPS act that are desperately needed.
I would say this was sabotage if it didn’t reek of pure incompetence. What else would you expect from a man that bankrupts casinos.
There is a lot of damage to industrialization hopes. Tariffs on metals, lumber, gypsum hurts building and manufacturing. Energy (solar and batteries) tariffs not only means higher energy input costs for industry, it's yet another immediate cost of living increase for people, and an unsustainable planet is a worse cost of living increase/quality of life decrease.
There does seem to be an industrial policy to militarize AI, and monopolize data centers to US, through politicized investment funds, but they are not getting the quo pro their quid, and limiting the world to US controlled data centers is certain to make them prefer/wait for Chinese tech to catch up.
Retaliation, undermining, and boycotts is going to mean less production and less jobs and less income to afford consumption at higher prices. War on Universities doesn't help future. Forcing kids to replace immigrant labour instead of school focus is anti-future.
"Fascinating to watch"
Buddy millions will die...
Yeah, it's like a traffic accident.
Tragedy is fascinating. Aristotle knew it, every actor since knows it, historians know it.
US elects a socialist > the man gets re-elected three times
Lesson learned: We must never get close to implementing social policies!
FDR wasn't a socialist. He wasn't even a social democrat by any standard but US-brain rot.
Canada needs to prepare for war... against America of all fucking places.
Please just eat yourselves and leave us alone.
Biden was doing industrial policy to bring in manufacturing, so naturally Trump abandoned it.
(I wonder what the d-d-democrats bad people thought about the post before I said that. It's Republicans that don't want to.)
That's what they mean when they say fascism is capitalism in decline.
I'd argue that fascism is itself a collapse state.
It always makes me so happy to see Jason on here. He was one of the TAs in my anthro program in college.
Thats so cool actually wtf
Yup that sounds right
Next comes the blue wave reaction in midterms. Trump's policies continue to fail, but MAGA persists. Liberals get suckered into thinking electoral politics will save them.
Then the '28 election gets "stolen" (thanks to their utter failure to govern responsibly), Trump refuses to leave, and things break down from there. He'll probably get talked into actually letting states secede if they try, they've just gotta be the last guy to talk to him before he goes in front of the media (I won't say press anymore because his pool is not journalists). Boom, policy.
Of course, secession would be incredibly stupid of any governor to try. But those are the people he's putting in power while he threatens the rest with the Feds.
Dark times coming people
States declaring independence is actually a good idea. They can have their own immigration and tariff policy
An independent American fascist state with half of the American nuclear arsenal and an open endorsement of white supremacy and Christofascist crusade rhetoric is not a good idea.
It might end up being the best option, and that is fucking terrifying.
It would be the less productive have, they would collapse instantly without blue State money. Go and take the nukes and Institute extreme denazification
China and Russia eat popcorn.
Dark times are already here.
I mean, yes, but not widespread starvation and disease amidst civil war. This is still the early stage of collapse. The overture setting the themes for the rest of the show.
True, true...
All of that ignores this is happening intentionally
I have a very hard time believing that the super wealthy are some mega conspiracy masterminds, and not just some greedy morons who self-destructive because they can't see past next quarter's profits.
The most rational explanation I have heard is that they are just well dressed hoarders. Acquiring more wealthy is an attempt to smother the bad feelings with the pleasure of "success". But the pleasure of success is fleeting and the goal posts move every time. So they keep chasing "success" and hoarding wealth to make the bad feelings go away. But that will never heal their emotional issues, so they will never stop.
Oh, it’s absolutely a pretty severe mental illness. The fact that we raise these very damaged people up on a pedestal and celebrate them doesn’t speak very well of our society.
"If a monkey hoarded more bananas than it could eat, while most of the other monkeys starved, scientists would study that monkey to see what is wrong with it. When humans exhibit this same behavior, we put them on the cover of Forbes magazine."
There's a lie they told me: you want the rich people to stay in your country, and that's why we make accommodations for them with reduced taxes and free money. In fact it's the opposite: tax the hell out of them and redistribute their bananas.
Mental gymnastics to avoid the obvious, its baffling
Is it really gymnastics to see incompetence as a more likely explanation than malice?
If they just saved their brainpower for improving things instead of trying to reconcile their broken world views, we’d have fixed these problems by now.
Contrarianism is one of the biggest sins of the Republican party.
I recently tend to think they are actually at their wits' end.
Phase 2 - annexation of other countries, or parts thereof - is yet to start. Surely that would serve to quieten the home front, not to mention to make the rich even richer, by an awful lot. Hell, we'll get to see the world's first trillionaire for sure.
It’s not a mystery at all. It’s dark enlightenment that they proudly espouse whenever they can. Destroy the state and have a bunch of tech bro kings with little kingdoms.
I mean, the US can do whatever it wants to itself, people voted for this anyway. Just don't drag the rest of the world down as well, please.
A few of them might be, but politics are like fines--inconsequential to the super rich. The disgustingly wealthy can just bail when things get bad. And if sabotaging an entire nation gets them more money in the next quarter, they'll do it.