This probably won't end with millions of Americans starving to death, but I'm sure the administration is hard at work looking for ways to destroy our seed corn.
People on the left are going to be caught totally flat-footed if they don't pull their head out of their bubble. Trump is a populist president. He was elected by working class individuals and so far he has shown every intent of following through for them. People on the left don't recognize it because they don't recognize the tools that right wing people use to stimulate the working class.
Right now, if Trump has his way, people under $150k will pay no income tax, no tax on tips, increased tax on millionaire earners, and tariffs to shield American blue collar jobs.
Trump is dangerous because he is an idiot and recklessly pulling levers. He is clearly bent on the idea of abolishing democracy so he can be the king of America savior of the factory worker.
He is clearly not working for billionaires when he tanked the stock market and spiked bond rates playing his tariff game. Stop using that dog whistle because it makes it clear you are ungrounded from what is happening, unless all you care about is praise from other detached people.
[1]https://www.ft.com/content/93a064db-624d-413f-a751-0b957f8e3...
Except that Trump's tariffs are causing massive financial uncertainty for small/medium-size businesses. If you want to onshore manufacturing and production, and specifically build up the blue-collar class, you don't implement tariffs immediately and unilaterally. You plan for them to be implemented over time and give businesses the opportunity to shift their procurement and production to domestic sources.
When you implement tariffs with no warning, the only businesses that can absorb those increased costs are the largest businesses. Then those large businesses can also start to buy up every other business, or at least outcompete on price long enough to monopolize the market.
>Trump is dangerous because he is an idiot and recklessly pulling levers
This has been countered better elsewhere, but the gist is that this proposed taxation is for posturing only -- it's taxes on wages, not on income, and the rich don't get their wealth from wages.
Trump might have a populist appeal, but it doesn't make him a populist. The weight of Trump's actions and promises lie in all this deportation and culture war nonsense, not actually populist solutions to popular problems. None of these cuts are going to benefit the American populace at all. I doubt there will be a reduction in the taxes most Americans pay (this is just some new rhetoric from Trump, likely stemming from his horrible approval ratings because his administration is operating like shit), but there is already a reduction in the services populist America receives like social security and medicare.
The idea that a politician who seems to fundamentally want to destroy the mechanical functions of the government, operate an executive branch that is beyond the reproach of the courts, and privatize America's crucial social programs, does not comport with populism.
I don't even think the notion that Trump isn't working for billionaires because he tanked the stock market even makes sense. Did you not see the video where he points to his friend who made hundreds of millions that day? While smiling, joking, laughing? He's letting his best friends do inside trades on the huge market-moving moves Trump makes in the news and you think it's somehow not cronyism? I'm sorry, but your intuitions are off.
>People on the left don't recognize it [populism] because they don't recognize the tools that right wing people use to stimulate the working class.
I'm not going to go down the rabbit hole because it takes years to escape the ideological camp you grew into. But suffice to say, both sides ultimately want the same things and disagree on the route to take to that destination (while telling their base that obviously they are right, and obviously the other side is just evil).
I'm not talking about the route, I'm talking about the destination. A socialized medical plan is incredibly popular on both sides of the political spectrum and polls well with Trump's supporters. That's not an avenue, that's a destination. I have a feeling you will twist this around and try to make it how it can either be served by market forces or the gov't and that's just "idealogical" but populism is an ideology which I am accusing you of not understanding. You didn't engage with that. You just repeated your premise.
What actually matters is what he does. And nothing that he has done suggests to me that he will actually push for tax increases on the rich. It would be great to be proven wrong here, but I'm not holding my breath.
(Regardless, Trump can't raise taxes on anyone. Congress does that. On tax policy, it's not clear that even the MAGA fools in Congress will play ball if it upsets the rich people in their states.)
> He is clearly not working for billionaires...
Not working for Wall St or Main St.
It's a food fight between opposing elites. ("The grass suffers when elephants fight.")
As you surely know, some do advocate crashing our economy, enabling them to seize even more power. They use shibboleths like dark enlightenment, free enterprise, taxation is theft, yadda yadda.
He also said he would end the Ukraine war on day 1.
> He is clearly not working for billionaires when he tanked the stock market and spiked bond rates playing his tariff game. Stop using that dog whistle because it makes it clear you are ungrounded from what is happening, unless all you care about is praise from other detached people.
Of course not. Why would anyone get the idea that Trump is working for billionaires? It's not as if he hawked cars on the White House lawn for the world's richest man.
Speaking of ungrounded, detached people..
Trump makes the billionaires work for _him_.
Great, so he won't need to cut the NSF then?
"Trump said..." is the precursor to winning the fooled me again award.
It’s sad, but that’s the whole thing.
Real answer: universities are "woke" and liberal. This is their punishment.
Destroying science research is just collateral damage.
The issue is not that they don't like the NSF in general or that science funding is breaking the bank. The issue is that people they hate rely on the NSF.
This is a pretty old belief system amongst conservatives. God and Man at Yale was published seventy years ago and argued that universities should actively teach that Christ is divine and that free market capitalism is the best thing ever at all times and in all venues.
The question is about real actual resource distribution. SS is drawing more resources from young people than it is giving back. That's an actual problem, no matter how many tabs you add to your excel spreadsheet.
> Lol what an internet tough guy.
Please take care to read and observe the guidelines, particularly these ones:
Be kind. Don't be snarky. Converse curiously; don't cross-examine. Edit out swipes.
Comments should get more thoughtful and substantive, not less, as a topic gets more divisive.
More seriously, the NSF isn't the focus of the admin. They're going through every federal agency making cuts, not singling out this one in particular.
That's BS. They are already bragging about raising defense spending.
Sure, but that's the exception. The cuts to the NSF are the norm.
Not to mention that the Department of Defense has never passed a financial audit in the last seven years and money frequently disappears into contractors who are known to delay projects on purpose to make more money.
If you actually split up the line items to the point where NASA and the NSF are separate it would be 9 exceptions or more.
They're cancelling mRNA research, they're flagging research that uses words like "trauma" or studies how medications impact men and women differently. There's no sensible agenda behind all of this, it's just backlash and destruction done haphazardly. This is no different from the Department of Defense deleting the Tuskegee Airmen from the website because "DEI", except far far more consequential.
I'd be interested in discovering what the breakdown is, DEI vs non-DEI, but I wouldn't be surprised if this move was to censor climate change research, since this administration doesn't consider climate change to be real.
[1]I think it's probably fair to assume that whoever concluded the word "bias" indicated a likelihood the paper was "woke" struggled with high school statistics and has never read an academic paper of any sort...
Why is this the focus of the admin? Science is one of the few things the US is doing well.