How?
By continuing to NOT know what the heck he’s doing with and American economy and a Trade War that WE will pay for and China will NOT back down on….
And having everybody standing around watching he screw things up in his own inept way…..
One underrated concern: Trump’s tendency to double down on stupid and destructive ideas, despite — perhaps because of? — overwhelming evidence of their stupidity and destructiveness.
Trump’s worst policies, economic or otherwise, tend to follow a pattern. First, he posits something like: Sure, the experts say that has predictably high costs and bad consequences. But ignore them! Believe me, it’s a great idea, and it’ll be completely costless.
To wit: Tax cuts will pay for themselves, without injury to deficits. China will pay all the tariffs, without harm to U.S. importers, manufacturers, retailers, farmers. Mexico will pay for the wall, without costs to U.S. taxpayers or international relations.
Free lunches, all around.
Then when it becomes clear those lunches weren’t free — in fact, they were quite pricey — the pitch changes. Okay, Trump and his cronies admit, maybe we’re suffering some pain now. But that pain will be worth it, because eventually it will pay off.
Someday the tax cuts will pay for themselves. Someday the trade war will pay off. Someday Mexico will pay for the wall.
In fact, to get us closer to someday, we just need more tax cuts, more tariffs, more fights with neighbors to the south. Because, hey, you know what they say: If a bad idea doesn’t work out, just make that bad idea even bigger.
Learning from mistakes and reversing course are never options; wishing away the foreseeable fallout always is. That wishing-away is also a team effort, and one that predates Trump. Republicans have for years been lying that tax cuts will eventually pay for themselves, if we’re only patient.
Ask Kansas how that worked out.
Even so, Team Trump has lately elevated this goal-post-moving to an art form. Consider how White House aides first publicly dismissed any indication that recession risks were rising, insisting that Democrats and the media were fabricating such fears. Then White House acting chief of staff Mick Mulvaney acknowledged to GOP donors this week: Okay, okay, we might have a recession, but it’ll be “moderate and short.”
Sounds an awful lot like, “Recessions are short and easy to win.”
Other Republican officials have been aiding and abetting Trump’s pigheadedness, too, in some cases hoping to turn it to their advantage.
Politico
@politico
Trump has a solution to any downturn in the U.S. economy. He suggested he can personally stop a recession, boasting that he will “always find a way to win.”
Delusional. Yet the vast majority of Republicans will eat up his madness.
Yes indeed…
Historians will have a field day with Trumpism….
There ARE gonna be a whole lot of GOPer’s who are gonna be trying to explain their loss of common sense and balls to a modern day snake oil bull shit entertainer….
What you’re going to see is wholesale historical revisionism.
Most are going to claim that they never “really” supported him , they used him to further “conservative goals” etc.
In extreme case many ,particularly those not as well known, will deny that they ever supported or voted for him!
Trump this morning “ordered” US companies to look for alyernatives to Chinese made goods.
The actual definitiom of “socialism” is that givernment controls the means of production.
Nothing Beenoe Sanders or Elizabeth Warren have proposed is even close to being as on the button to that definitiom as Trump’s remarks today.
Oh and the Dow Jones is down 525 pts.
My prediction? The shitty MAGA hats and Ivanka’s handbags will STILL be made in China and Trump and his cult like GOP followers will forget he ever said this.
What?
You don’t trust Larry Kudlow, who was denying the recession of 08 even as it was starting, to manage the next one?
I do enjoy his verbal circumlocutions when trying to explain away the latest Trump outrage.