The most enraging part of all of this was that we were defying expectations as a country and actually making the necessary competitive changes (CHIPS act) to make ourselves competitive against China. Then comes Trump again. If he was trying to destroy our competitiveness, I'm not sure what he would do differently. We have changed, seemingly overnight, from a fairly reliable trading partner to an international pariah. And the corruption is of such a scale that has never been seen in this country- not even close. Will the dollar remain the world's reserve currency? Unlikely. Then our barely manageable federal debt will become unpayable when borrowing costs double. Much worse things are to come.
After trumps very friendly meeting with the president of Columbia, one has to wonder how big a cut of the illegal drug trade trump extorted for himself
Much useful information - e.g only 40,000 coal jobs comparable with Penn undergrad enrollment!
But like many American pundits, dead wrong about dismissing manufacturing. Its loss was due to flawed policy and plunged millions of workers who had risen to middle class status into hardship.
No other advanced nation fell into the U.S. trap - which indirectly made Trump possible. It’s not just Germany, Japan, and China that have huge trade surpluses with th US. The Scandinavian nations do too while we have staggering deficits.
Excellent again thanks Catherine! The quotes (Le; Griffin) from individuals at both ends of the inexorably rolling juggernaut of tripe that is this administration are a particularly poignant juxtaposition.
Trumpie’s fantasy that tariffs will ignite a renaissance of manufacturing is the latest example of the fantasy of both parties that low skilled manufacturing can return to 1950 levels. Give it up people and think hard about the implications of AI for the rest of the workforce.
Ken Griffin is among the largest contributors to the GOP and Trumpie. His tepid interest in corruption is touching since he had spent his entire professional life seeking to put his business beyond regulation. One can only surmise that, since he was shut out of Trumpie’s mutual protection racquet with the Sheiks, his crypto trade has gone sideways.
Gee if T cared about coal, the White House would be powered by it along with all federal buildings and cabinet members would move next door to the plants to live /s
Would love to see people who are standing up highlighted. Ken Griffin being mentioned as a hero is a little icky though - the guy just got done complaining that entrepreneurs couldn't "build their business" under Biden (a time of rapid growth). So maybe just a section for "more of this"?
I’ve always been a globalist free market leaning type, but Trumps tariffs have just solidified my objection to the widespread, flippant use of tariffs. The harm and distortions to people and the economy are unforgivable. The focus on these dying industries are doing more harm overall, than the very little good they do to this shrinking business. Help with the transition to new businesses and industries, move on from the past. Oops, I forgot, these folks want to return to the world of 1825.
Catherine, kudos to you for giving us all of this economic information. The Bulwark was really lucky to get you. By the way, after seeing the news about the further implosion of the WAPO this week, I bet you were relieved you left the Post when you did.
Walked away "for months" is rich. Moms-to-be carry for nearly ten. Musk can man up.
The most enraging part of all of this was that we were defying expectations as a country and actually making the necessary competitive changes (CHIPS act) to make ourselves competitive against China. Then comes Trump again. If he was trying to destroy our competitiveness, I'm not sure what he would do differently. We have changed, seemingly overnight, from a fairly reliable trading partner to an international pariah. And the corruption is of such a scale that has never been seen in this country- not even close. Will the dollar remain the world's reserve currency? Unlikely. Then our barely manageable federal debt will become unpayable when borrowing costs double. Much worse things are to come.
Catherine, I think you're a great addition to the bulwark team and I love listening and reading you! YAY!
After trumps very friendly meeting with the president of Columbia, one has to wonder how big a cut of the illegal drug trade trump extorted for himself
Much useful information - e.g only 40,000 coal jobs comparable with Penn undergrad enrollment!
But like many American pundits, dead wrong about dismissing manufacturing. Its loss was due to flawed policy and plunged millions of workers who had risen to middle class status into hardship.
No other advanced nation fell into the U.S. trap - which indirectly made Trump possible. It’s not just Germany, Japan, and China that have huge trade surpluses with th US. The Scandinavian nations do too while we have staggering deficits.
Check out the shock book by Dan Wang
Excellent again thanks Catherine! The quotes (Le; Griffin) from individuals at both ends of the inexorably rolling juggernaut of tripe that is this administration are a particularly poignant juxtaposition.
Terrific insightful easy to comprehend reporting on an often opaque subject. Bravo to you and to the Bulwark for engaging your talents!
Thanks for the deep research and extremely well written narrative.
Trumpie’s fantasy that tariffs will ignite a renaissance of manufacturing is the latest example of the fantasy of both parties that low skilled manufacturing can return to 1950 levels. Give it up people and think hard about the implications of AI for the rest of the workforce.
Ken Griffin is among the largest contributors to the GOP and Trumpie. His tepid interest in corruption is touching since he had spent his entire professional life seeking to put his business beyond regulation. One can only surmise that, since he was shut out of Trumpie’s mutual protection racquet with the Sheiks, his crypto trade has gone sideways.
Gee if T cared about coal, the White House would be powered by it along with all federal buildings and cabinet members would move next door to the plants to live /s
Yes to Heroes of Democracy. It can give us (me) ideas on how to personally advance democracy.
Would love to see people who are standing up highlighted. Ken Griffin being mentioned as a hero is a little icky though - the guy just got done complaining that entrepreneurs couldn't "build their business" under Biden (a time of rapid growth). So maybe just a section for "more of this"?
I’ve always been a globalist free market leaning type, but Trumps tariffs have just solidified my objection to the widespread, flippant use of tariffs. The harm and distortions to people and the economy are unforgivable. The focus on these dying industries are doing more harm overall, than the very little good they do to this shrinking business. Help with the transition to new businesses and industries, move on from the past. Oops, I forgot, these folks want to return to the world of 1825.
Thank you, Ms. Rampell. djt is, bar no e, the worst president of my lifetime, but he will go down in history as the greatest conman in history.
I'd also like to share appreciation for the perspective you bring. Thank you!
Catherine, kudos to you for giving us all of this economic information. The Bulwark was really lucky to get you. By the way, after seeing the news about the further implosion of the WAPO this week, I bet you were relieved you left the Post when you did.
P.S., I like the idea of showcasing heroes. Sometimes, all it takes for someone to act is the brave example of one person.