[Pain] HUGE, self-inflicted Recession incoming due to Trump/Musk

I guarantee you it's not coming from him.

 

Trump is nothing but a snake oil sales man trying to make a buck - he's getting paid for all this tariff junk.

 

He talks extensively about it and connects it to a period (the Gilded Age) that he thought was great, specifically referencing President McKinley, who he admired. He often says America was very, very rich during that time, but it wasn’t the country as a whole - it was big business and those who were favored by government through corruption.

Here are some of the things McKinley did or tried to do:

• High tariffs (around 50% on average)
• Imperialism – U.S. expanded its territory through the acquisition of Puerto Rico, Guam, and the Philippines after the Spanish-American War. He also annexed Hawaii in 1898, primarily to secure U.S. interests in the Pacific
• Pro-big business – supported policies that favored industrial growth and monopolies
• During this period, the government heavily favored big business and industrialists with minimal regulation, allowing monopolies and trusts like Standard Oil and U.S. Steel to dominate. Political corruption and patronage were rampant - businesses often bribed politicians for favorable laws and regulations. Government jobs were distributed based on loyalty rather than merit (this system is known as the spoils system). Big business controlled elections through direct and significant funding to politicians to protect their interests, while anti-union policies were common, with federal troops frequently sent to break up strikes, such as during the Pullman Strike of 1894.

If this all sounds familiar, now you have a compass to somewhat understand what he's trying to do...

 

Out of touch. Need to go

 

People who want those tariffs. Industries. Foreign powers.

 

And that whole narrative isn't coming from him. Trump doesn't have the patience to read a history book about McKinley. Dude doesn't even read. Someone fed him all that.

 

Gas prices down. Egg prices down. Useless government agencies getting cut.

The country is finally healing

 

Century Aluminum has been cheering Trump heavily. They are very happy.

 

I think that some of the democrats are trying to stay out of the way, so if disaster comes the blame will be 100% squarely on the shoulders of Queen Trump and not the Democrats of more moderate politicians.

It is a risky play, because it makes the Democrats look even more neutered.

 

It is cute that you think a president - Biden or Trump - is responsible for gas or egg prices. If you believe that, you are a moron.

 

Schumer needs to step down.

 

Just one company. But there are many players. Anyway, I don't think we can really have a debate here.

You feel he is an idiot and that's why he is doing this. I feel he is getting financial compensation from various players and likely is engaging in market manipulation. We can just agree to disagree.