Late Stage Capitalism

What’s wild about the Trump tariffs is that they are not coupled with any industrial policy or public investment strategy that could plausibly deliver US re-industrialization. The result is that the tariffs will likely accelerate US industrial decline and general economic degradation.

It is truly fascinating to watch. Trump has so thoroughly purged socialist ideas from his economics departments, and has ensured such absolute hegemony of neocon principles, that his administration is incapable of conceptualizing and implementing even *basic* industrial policy that could deliver on the Executive Branch’s own stated goals.

Total self-delusion. The billionaire ruling class has no idea what to do, they are completely adrift. And this is dangerous because they are likely to resort to violence and geopolitical bullying in a desperate dying bid to hold onto power.

likely to resort to violence [...] to hold onto power

Oh good, then we can crush them without remorse. I do so love unambiguous villains.

Currently the best way to bring back industrial potential is to create state owned enterprises and have your own four year plan to either grow your SOE or establish infrastructure for private companies.

Oh, and, devalue the shit out of the USD if you want any kind of private investment.

I think a better way to "reindustrialize" would be making wages paid to any domestically employed employee's wage, who isn't in the executive class, tax deductible, all coupled with a tax hike on corporations, assuming there's a workplace shortage.

wait this isnt Jackson hinkle

It's like hijacking a plane pre-9/11. Everyone knew you just followed along because the hijackers wanted something. Then 9/11 happened and hijacking the plane WAS what they wanted.

Tarriffs pre-Trump always were to pressure a change in some policy. Then Trump came along and tarriffs were the policy. But instead of World Trade Center collapsing, it is now just World Trade.

Tariff policies are coupled with betting on stock markets. And so far the profits are bloody insane!

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.

All of that ignores this is happening intentionally

That "likely" is doing extremely heavy lifting there. That's akin to saying "it's likely the sun will rise in the east in the morning."

Just like the NAZIS.

Because this regime and all associated with it are NAZIS.

Time to start calling them what they are and preparing to deal with them the only way that NAZIS are to be dealt with.

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

"Fascinating to watch"
Buddy millions will die...