Trump is not the most coherent thinker on this, but he’s been very clear. He keeps citing the 1890’s as the peak of American economic strength and what he wants to return to.
Reposted from
alex williams
people have been calling it degrowth because it's fun to do irony or whatever,
but this is more like "anti-developmentalism": it is about trying to replace high value add tradeable services industries with low value add tradeable goods industries.
the goal behind this is lower wages for americans
but this is more like "anti-developmentalism": it is about trying to replace high value add tradeable services industries with low value add tradeable goods industries.
the goal behind this is lower wages for americans
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A mentally challenged man is the president, and not-so-bright people are using him, just like not-so-bright people drew to him.
People who aren't mentally challenged realize it during conversations with him. And become agitated hearing his immature delayed responses. He's not smart.
In: undoing the progressive era
Remember he was also obsessed with Andrew Jackson during his first term. Now it's McKinley.
No economic scholars or anybody working in the financial industry "sees" any of the "breakthroughs" that Trump sees.
He's either a genius or someone who doesn't know anything about it.
Wage & hour laws, workers compensation, and workplace safety rules all came later.
That's the goal!!!
#Winning
The panic of 1893 -- the country's worst depression until the Great Depression
The panic of 1986 -- major depression during which unemployment peaked at 14.5% and persisted for 2 years
The 1899 recession -- a year long recession
https://www.nytimes.com/2016/03/08/business/international/unease-after-trump-depicts-tokyo-as-an-economic-rival.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=56D79996-C5D5-4E4B-88F5-55F68CC26FF7
Didn't we fight a revolution because (among a few notable other issues) England wanted to restrict us to selling low-profit raw materials instead of high-margin manufactured goods?
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🤣🤣🤣🤣
It's a mistake to imagine trump has a coherent scheme about anything.
I wonder who America was "great" in the 1890s 🤔
We are at democracy def con w/Oligarchs.
They think he's a good president. And they'll stand by him through all."
so now he'll force himself into that status by burning down the country for everyone else
"winning" by locking everyone else out of the race
The common person's life meant less than nothing to him since he never had to actually work to get anything in his life! Daddy provided him everything ...
It was all just a facade to keep others groveling to his Ego!
A natural and nurtured con man, all along!
When America was great just for a handful of white men.
very, "two ways to be the strongest guy you know: lift weights every day or never go outside"
They plan for anyone not working for them at their low wages to just die.
Trump is the ultimate sociopath. He wants it all. Everyone else can pound sand. That's what the Gilded Age was, and that's what toddler sociopaths like Trump and Elon want.
Sharing is for losers.