103
'An uneasy feeling' among White House aides over Trump announcement on Tuesday: report
(www.rawstory.com)
this post was submitted on 30 Mar 2025
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politics
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The speedrun into economic and social collapse continues as scheduled...I never thought I'd be alive to see the (very much self-inflicted) downfall of the country I was raised to love. This truly makes my soul ache.
I think those outside the US figured it was only a matter of time. The US voting population has only become more disengaged and the country has created and is the epicenter of most social media misinformation campaigns.
The US pulled itself out of the great depression first through regulation via the new deal and then by selling military equipment to allied nations during WW2 (essentially leveraging its geographical isolation during the war). Its been addicted to making and selling military equipment since then, in part due to the cold war but I think we can all agree there have been a few wars along the way that were essentially treated as test runs.
Hoover's nearly 50% tariff on agriculture stretched the depression out by a few years. If we take history as any indication, tariffs are typically either a buildup to complete economic collapse or to a public bailout. One of those seems more likely than the other now. What would a 21st century 'New Deal' even look like?
Infrastructure spending, upgrading and repairing our crumbling roads in the Midwest, green energy installation, massive expansion of high speed rail, higher corporate tax rates with tax credits available to incentivize manufacturing plants be built in the US.
I agree, but FWIW those crumbling roads are entirely due to state governments. There's a reason Oklahoma's roads are so terrible. You literally feel the difference in governmental priorities at the state line.