Summary
President Joe Biden touted his administration’s economic recovery efforts, citing job growth, reduced inflation, and infrastructure investments, as he prepares to hand off a strong economy to Donald Trump.
Biden criticized Trump’s proposed steep tariffs on imports, warning they could harm the economy and reintroduce inflation.
Trump plans tariffs against China, Mexico, and Canada, raising concerns about trade disruptions similar to those seen during his first term.
Economists caution that such policies could quickly reverse recent economic gains and weaken the U.S. economy.
I see it more as speed of descent.
I’m of the opinion this country is sold, and died about half a century ago as a democracy, and this is just leftover momentum. All but waned momemtum.
Our vote isn’t on whether to reorient the economy to reflect the priorities of its citizens, merely how, and if at all, to manage some of the social issue symptoms of our crumbling commons, the ruins of public education, as the owners search for new vectors of exploitation.
I see voting blue as akin to requesting we leave the water pumps turned on for this sinking ship to buy time(D), and voting red a vote turn them off because some passengers have been deluded into hating other passengers and really, really want to watch them drown® despite being in the same boat with them.
The holes are our economic policy, but ask either party about patching them and you’ll get something akin to “What holes? This ship is unsinkable! If you think there’s holes, you’re the problem.”
Dont worry though, there are lifeboats, just enough for the politicians and their donors. Wealth means not having any national allegience.