The funniest thing about all this is Joe Biden built a "bring back US manufacturing" button and Trump could have just kept pressing it but instead he insisted on smashing the "crash the stock market" button
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That actually sucked because the government was just spending money on things like infrastructure and energy instead of cryptocurrency and oppression of the libs.
He could have even renamed it after himself and insisted it was his and not biden's and both parties plus the media would have let him get away with it
Keep saying the same thing. He could’ve just diddled around for 4 years, played golf everyday, rode the economy Biden built; and gone out like the Golden boy his supporters think he is. Instead he’s literally chosen to start ripping shit apart.
I don’t understand this obsession to blame Trump’s bullshit on Putin or Musk. Trump wants revenge on Ukraine because of his impeachment relating to the “perfect phone call” and Paul Manafort’s scandal. He admires demagogues like Duterte. It’s commonality not adherence.
Seems to be off by a factor of 10 for some reason, but trend is broadly the same. Not sure what's going on with the original graph - perhaps using a different variable?
Isn't that the point? Make the economy crash, everything takes a massive hit, and industries start selling off parts like major companies who keep said industry afloat. Then, people like Elon can swoop in and buy things up real cheap.
They make up a problem that doesn’t exist, then tell us they’re solving said problem. (Not *how* they’re solving it, just *that* they’re solving it.). It’s the entire playbook.
Exactly right. I was lamenting that Trump would GET CREDIT for Biden’s policies with the added bonus of inflation trending below 3%. Instead, he just lit it all on fire. Insane.
It is very funny that Biden's economic recovery was great in the stats but completely failed to translate to everyday people. Rent too high but big screen TVs the cheapest ever.
Also his brain was leaking out his ears, so he couldn't even communicate his successes if he wanted to.
that's because he's not trying to bring back US manufacturing, he's trying to crash the economy so that his friend Vlad will have an easier time dominating the world
I thought it was so tech bros can set up their own fiefdoms? Undemocratic and putin-friendly. Laws handed down. The poor can't stay. Litterbugs get the electric chair. Recreational drugs for them only.
Who's ready to pay taxes to live THAT life? They believe they're irresistible. And superior, lol
It's just easier. Policies need work, discussion, a political process. Tariffs he can just order in the morning and go golfing on taxpayer dime for the rest of the day.
Except they do. It is blatantly illegal that Trump is putting tariffs in place. That is solely legislative per that little document called the Constitution. And yes there's an emergency act but this isn't it.
Trump’s trying to destroy America. It’s purposeful. He agrees with you, I’m sure. But so many folks think Trump is actually trying to run the country or succeed or anything. He isn’t. He’s here to destroy us.
What do you think the endgame is? What's the value in a broken economy and a country filled with poor, sick people? Easier for putin to take over? For Project 2025 to turn into a white Christian nation?
I don't get why draining all the wealth-generating businesses and people is a win
Tech bros need the country to fail so they can each create their own fiefdoms, w themselves as monarchs / CEOs. No democracy. Death to litterbugs. The poor will have to relocate to another "patch." They don't want to govern, just rule.
They'll set up nation states w/in the US. Irresistible, right?
That’s actually a great question. And I just know that there are countless analses out here where they mixed up „spending on the construction of manufacturing sites“ and „spending on construction“
The only reason I can come up with that isn't just "wow, they're stupid" is that crashing everything hard enough will allow the richest guys in the world backing all of this to buy up *everything* for pennies on the dollar and then own *everything.*
What will they do with it? Don't they need consumers to keep *everything* viable?
I know the arg is they'll be rich when the values go back up -- but what's the mechanism? Without consumers, what makes a business/factory/agency/studio worth having? What drives stock prices back up?
It really fucking sucks how truly stupid so many people were in terms of the Biden Presidency. Yes, the Gaza policy was bad. But now you have a worse one, along with the destruction of everything good about America. Congrats I guess.
The Gaza policy was more than "bad."
It was (and is) downright Genocidal and could not be supported by those who subscribe to "Never Again."
Which was why Harris campaign was begged BEGGED repeatedly to repudiate it, but never did thinking that was a winning campaign strategy.
Dem Leadership sucks.
No congrats. Lose all around.
Broken Palestine policy has been a bipartisan issue for decades. Biden's policy a seamless transition from Trump1. And Trump2 a seamless transition from Biden.
All of it scripted by AIPAC and wealthy donors (Haim Saban for the Democrats and Miriam Adelson for GOP, frex)
It’s worse and if you don’t think the West Bank is now in play, I don’t know what to tell you. Moreover, tens of millions of other people who aren’t Palestinians are now at risk for everything from disease to rights. So your protest did literally nothing to help Gaza and made everything worse.
What's more evil: Stating you plan to take over a small piece of land that's been contested for centuries & turn it into a tourist destination after "cleansing" all the occupants, or picking people up off the street in plainclothes w no ID & deporting them?
Unless you're cognitively impaired, you'll eventually come to understand that evil exists & there are gradations. Humans are often in a position to make choices that result in a less evil outcome.
Pretending all evil is equal is black & white thinking, characteristic of young children & autocrats.
No. Humanity, actually. What I’m saying is that your moral preening did literally nothing to help the single cause that mattered to you and materially hurt tens of millions more people, who will suffer or die in the years to come. To me, those people also represent humanity. Congrats again.
Correct. 100%. Sorry, that's how democracy works in two party, first-past-the-post system. You don't get a third choice. Sorry, it's annoying, but that is the reality. I 100% the people voting Stein because of Gaza betrayed this country and Palestinians so they could feel morally superior.
To be clear, I think that the people who refused to vote for the 'lesser of two evils' are the least serious, least genuine Palestine supporters. Palestine didn't need us to get to feel comfy living in our ivory tower, they needed the US President *Who could win* least inclined to kill them.
so stupid. but lucky for those of us that don't want America to go full fascist. we have learned the hard lesson that the elites in this country won't turn on him for shredding the constitution. but they will turn on him if he does too much damage to the economy.
1) who are the elites
2) what makes you think he's *not* wrecking the economy?
3) America is full-fascist. Remember when a guy w a green card, married to an American, who spoke up for Palestinians was dragged out of his house & disappeared, until he can be deported? Do you not recognize the fascism?
Shocking statement last night from Head of Investment Strategy for J.P. Morgan, Michael Cembales.
He is talking directly to Trump and Elon and his GOP political cronies who are together tanking the stock market and the economy.
What's left for the vultures to pick over after we've all been impoverished and the money has all fled the country? What's the goal for the billionaires and the white Christian nationalists -- to rule over a ruined country?
I get that they're robbing us. I don't get why econ failure is their goal
They'd rather rule in hell than serve in heaven?
Or they have utopian dreams of rebuilding their vision of a perfect society once they get rid of the "bad" people. Like that's ever worked 🙄
5d chess dedollarisation to make imports like steel that manufacturing uses more expensive. Definitely helping the economy instead of CHIPS and public investment.
he could have just sat around doing nothing and getting credit for the good economy Biden built and gradually pushed the fascism button for durable long term authoritarianism. but instead he mashed the fascism button immediately and set his administration on fire. real marshmallow test shit
It's the same way he blew his own wealth accumulation (if he'd just invested in the market he'd have made more money over his life vs his failed ventures) & how he bungled covid - even basic support for fighting it and working together would've sent him straight to re-election in 2020.
What could we expect from someone who insists that he knows everything? All the lessons he learned came from failed buisnesses, failed court cases and Russian puppet strings.
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And I forgot the IRA included incentives for green energy
https://www.jackconness.com/ira-chips-investments
His only motivations are to stay out of prison and please his fascist overlords.
Also his brain was leaking out his ears, so he couldn't even communicate his successes if he wanted to.
Who's ready to pay taxes to live THAT life? They believe they're irresistible. And superior, lol
I don't get why draining all the wealth-generating businesses and people is a win
Seems like hurting others has been a source of pleasure for his whole life.
They'll set up nation states w/in the US. Irresistible, right?
#PresFuckitUp
With tracks from what I understand of Yarvinism?
I know the arg is they'll be rich when the values go back up -- but what's the mechanism? Without consumers, what makes a business/factory/agency/studio worth having? What drives stock prices back up?
It was (and is) downright Genocidal and could not be supported by those who subscribe to "Never Again."
Which was why Harris campaign was begged BEGGED repeatedly to repudiate it, but never did thinking that was a winning campaign strategy.
Dem Leadership sucks.
Broken Palestine policy has been a bipartisan issue for decades. Biden's policy a seamless transition from Trump1. And Trump2 a seamless transition from Biden.
All of it scripted by AIPAC and wealthy donors (Haim Saban for the Democrats and Miriam Adelson for GOP, frex)
But one's red line is Genocide, one is obligated to not vote for it.
You should be asking why the Dem Leadership thought embracing Genocide was a winning campaign strategy.
You're barking up the wrong tree.
There was a choice between bad for Palestine & worse. By not voting for Kamala, you chose worse -- and are now bragging about it?
Many of us looked at that issue, and others, pragmatically. In no equation did Gaza come out better w trump.
Jainists believe it's evil to kill ants.
Pretending all evil is equal is black & white thinking, characteristic of young children & autocrats.
Biden doesn't know what year it is.
2) what makes you think he's *not* wrecking the economy?
3) America is full-fascist. Remember when a guy w a green card, married to an American, who spoke up for Palestinians was dragged out of his house & disappeared, until he can be deported? Do you not recognize the fascism?
Trump's a moron.
He is talking directly to Trump and Elon and his GOP political cronies who are together tanking the stock market and the economy.
People don't keep in mind that Biden wasn't bombing Palestine -- that was Israel. Yes, America gave weapons. That was effed up.
Trump himself is eager to bulldoze Gaza and "cleanse" it of people. Biden was not. There are degrees.
I get that they're robbing us. I don't get why econ failure is their goal
Or they have utopian dreams of rebuilding their vision of a perfect society once they get rid of the "bad" people. Like that's ever worked 🙄
hes an idiot
I don't blame the Dems for that. I blame putin's propaganda machine, Repubs' full support for it, and MAGA's unwavering commitment to a false reality.
Propaganda is easy. Truth needs an audience.
Sure it's a lie, but that's never stopped him before. Could have just kept saying it was his, people would have reported it as news.
https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf