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Has anyone thought that Trump is trying to run the economy like a crypto "pump and dump" scheme?
Genuinely curious.
This is precisely what "disaster capitalism" is all about.
A very small number of assholes are about to get even richer.
Coolio, how can I be one of them?
Wrong question and wrong perspective.
Mom always says there are no wrong questions
That ship sailed 2 months ago.
I wouldn't doubt it. Who's going to successfully sue him? Issuing tariffs is smack dab in the middle of executive power, and SCOTUS has said he's immune for traditionally considered illegal actions if it's under the category of official acts.
He already did a rug pull for his crypto, time for the big bucks
Regular recessions are a boon to the wealthy vultures of the world. It allows them to snatch up more wealth from the desperate at a deep discount, since they can afford to weather a temporary downturn.
It's not a coincidence that 10 of the last 11 recessions started under Republican presidents; recessions are fantastic for the donor class. I encourage all to look this up, every Republican president since Benjamin Harrison, who served from 1889 to 1893, had a recession start in their first term in office. Recessions are the predictable and historically recorded effect of wealth redistribution towards those who don't have to spend money, versus a thriving economy which depends on broad participation from all.
Social safety nets we have all paid into and should expect to have available to us are persistent targets for the 'efficiency' crowd. If they can cut Social Security benefits and Medicare so that old folks can no longer afford their prescription medications and their homes are foreclosed, this is part of the temporary pain Republican politicians will tolerate on others' behalf. With the added effect of small businesses folding and valuable business property becoming vacant, it becomes the grand old garage sale of America.