Mastodawn

What's wild about the US #tariffs is that they are not coupled with any industrial policy or public #investment strategy that could plausibly deliver US re #industrialization.

#Politics #Democrats #Republicans #Liberals #Conservatives #Vote #Election #DNC #RepublicanParty #RNC #GOP #DonaldTrump #Trump #JDVance #Vance #JoeBiden #Biden #KamalaHarris #Harris #TimWalz #Walz #Democracy #US #USA #ElonMusk #Musk #Fascism #Fascist #Economy

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Nathaniel Gregory

The result is that the #tariffs will likely accelerate US #industrial decline & general #economic degradation.

It is truly fascinating to watch.

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Nathaniel Gregory 3d ago

The #US has so thoroughly purged #socialist ideas from its #economics departments & has ensured such absolute hegemony of #neoliberal principles, that it is incapable of conceptualizing & implementing even *basic* #industrial policy that could deliver on the government's own stated goals.

#Politics #Democrats #Republicans #Liberals #Conservatives #Vote #Election #DNC #RepublicanParty #RNC #DonaldTrump #Trump #JDVance #Biden #KamalaHarris #TimWalz #Democracy #USA #Musk #Fascism #Fascist #Economy

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Nathaniel Gregory 3d ago

Total self-sabotage.

The US ruling class has no idea what to do, they are completely adrift. And this is dangerous because they are likely to resort to #violence & #geopolitical bullying in a desperate dying bid to hold onto power.