this post was submitted on 10 May 2025
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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's a certain type of person that is actually willing to shrink the pie as long as they get the largest part of it. You can criticise neoliberals for a lot (and you should), but their stated goal was to grow the economy and lift all boats that way. Obviously they ended up creating a system where most boats had holes in them, but they did lift the tide.
Trump is going to shrink the world economy, but him and his friends will end up owning an even bigger part (percentage wise) of US assets than anyone before. It's basically going to turn into post-communist Russia. Trump is the Yeltsin figure, the American Putin is waiting in the wings somewhere.
I am pretty sure that hopeful dick bag is wringing his hands in plain sight attempting to dismantle everything already.