The prayer is to capitalism
shawn1122
joined 4 months ago
You better listen otherwise I'll crash my economy!
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?
That's certainly an oversimplification.
Science has representatives that are susceptible to the flaws in human thinking that are also apparent in religion. The recent pandemic made that very clear.
There is a scientific community that has good and bad players in it. Science doesn't get to wash itself of human corruption just because it's a process
He has a very clear handle on this. He's going to siphon the money made on tariffs to him and his cronies through some form of subsidy.
Florida likes to speedrun the decimation of civilization.
There are multiple points in human history where science has overestimated itself.
In Abrahamic religions, God is all knowing, not people. Eastern religions are more abstract, some have all knowing deities and some do not.
Israel's 1948 Declaration of Independence states the nation was founded on the "national and historic right of the Jewish people"
Israel's 2018 Basic Law constitutionally enshrined the state as the "nation-state of the Jewish people," granting exclusive national self-determination to Jews, prioritizing Jewish settlement as a "national value", designating Hebrew as the sole official language (with Arabic demoted to "special status"), affirming Jerusalem as the capital, and guaranteeing Jewish immigration rights.
This may be why people conflate the two. Israel has defined itself as Jewish state.
As Mo Amer says, it's a marketing issue.
I mean he's essentially just following project 2025. They clearly didn't want him to think too much this time around.
They can, they'll just go out of business. Puts them at a huge competitive disadvantage relative to asian and European car makers.
The idea behind tariffs is you take the money earned by taxation on foreign goods and invest it in domestic production.
Except Trump leaves the second part out completely. He should be announcing large subsidies for American auto companies to bring those jobs back to the US but he's not.
He's going to find a way to siphon the money to himself and his magnificent 7 buddies.
Tariff then invest the proceeds into domestic production. Why is he leaving the second part out?
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America pulled itself out of the great depression by becoming the worlds largest weapons manufacturer and staying out of WW2 until the very end.
They feel that they have been doing their allies a favor by having military bases in key locations that have allowed these nations to spend less than 2% of their GDP on defense.
This administration would like to reset the world order so that these countries pay for their own defense. Isolationists like JD Vance strongly believe in this.
They also know that allies will likely buy weapons from them which will help balance trade imbalances.
Here's the problem - there is no situation where this does not lead to nuclear proliferation. It's essentially inevitable if America continues down this path.
Also, when nations invest more in their militaries, they are more likely to use them, with or without adequate justification. The US is a prime example of this.
Perhaps the post WW2 period of relative peace and prosperity is about to come to an end, along with the concept of the Western world - leaving a power vacuum that I'm sure China and Russia are eager to capitalize on.