Before Donald Trump declared “liberation day” on 2 April 2025 and shocked the world by raising import tariffs on nearly every country the US did business with, he had spent almost three months causing chaos in Washington.
The wholesale slashing of government jobs under Doge (the “department of government efficiency”) and the defunding of US aid agencies had shown White House watchers that the US president was in a hurry to upset institutions he considered profligate or useless.
Investors quickly understood that chaos was an essential tool in Trump’s armoury. Almost as soon as he was inaugurated, there was a steady decline in the value of the dollar against other currencies. Investors sold assets denominated in dollars and bought assets elsewhere: Europe, Asia, South America.
“If you think that discouraging investors from buying assets in the US is a victory, then you don’t believe in a growing economy,” said Dario Perkins, the head of global research at the consultancy TS Lombard. “If it was possible for Trump to have spent the last 14 months on the golf course, we would be in a better place.”
Everyone who knew this would happen before he was elected: I wish I could hate you to death.
Bring back de minimis.
Who could’ve seen that one coming?
It’s almost like he’s bad at this.
Yeah, well, I’ve been told recently by a lot of people that it doesn’t matter if we’d elected Harris, we’d be in the exact same boat.
I think they’re full of shit, but here we are.
So next time a fascist gets elected, don’t forget that they’re no worse than a non-fascist.
ಠ_ಠ
Really? Name one person who said Harris would do the exact same things.
Had one within the last couple of days, but I can’t find it because I think I must have blocked them. Sorry I can’t link you. But it was here on Lemmy. And not the first time at all - here on Lemmy.
So you get an upvote for asking for sources, and as a consolation prize / apology that I can’t link you.
I wish he stayed on the golf course the same way his ex wife stays on it.
If the American people gave a fuck what experts think, we wouldn’t be here, nor would we ever elect a Republican again.
Yes, this really, really should matter, but our general population is just too ignorant, willfully or not, to care.
Maybe this experiment in letting the dumbest people on the planet lead us will wake enough people up to the fact that decisions should be made by people who know what they’re doing, but we’ll just have to wait and see.
Collectively the American people are a bunch of fucking uneducated idiots.
Individual people can be intelligent, But the general public is terminally dumb.
If you wanna take into account the lack of literacy, common sense, and poor education that you get in rural areas, then you’ll begin to understand how we got Trump voters. Remember Trump’s favorite quote:
I love the uneducated. -Trump
