President Donald Trump lashed out at a reporter who asked how much economic pain he would be willing to tolerate as his tariffs wreck the stock market.The president returned Sunday evening to Washington, D.C., as U.S. stock futures plunged, indicating more market turmoil ahead, following two days go...

Summary

Trump snapped at a reporter who asked how much economic pain he was willing to inflict amid plunging markets triggered by his new tariffs.

Speaking after a weekend at his Florida resort, Trump dismissed speculation he was trying to crash the market, claiming tariffs would bring in “$1 trillion” and spur U.S. manufacturing.

When asked about a pain threshold for Americans, he called the question “so stupid,” arguing economic “medicine” was necessary to reverse decades of “stupid leadership.”

He insisted the strategy would make the U.S. “solid and strong again.”

  • theneverfox@pawb.socialEnglish
    351·
    10 days ago

    It’s all plans from the '30s. Canada, the US, Mexico, Greenland, dismantling democracy to install technocrats, crashing the economy to bring back company towns - none of it is new, it’s just being implemented in a nonsensical and incompetent way, so it seems random

    It’s not a good plan to start with, but there is a plan… One the oligarchs bought into, but without understanding how the plan was meant to be enacted

    • YarHarSuperstar@lemmy.worldEnglish
      2·
      10 days ago

      This is mostly consistent with what I’ve seen, but I would like to know more. Are there any books or articles on the topic, in particular how what is happening is like another attempt at the same plan now that most WWII vets and survivors are dying off/dead/otherwise incapacitated and so those who have the most reason to stop it from happening are much less likely to do so?

      • theneverfox@pawb.socialEnglish
        3·
        10 days ago

        Sure. Wikipedia on technocracy movement

        Basically, they want to control all aspects of society on high - no politicians, direct control of the economy, rigidly scheduled work and production, and expanding the borders from Panama to the artic circle.

        Imagine centralized planning and authoritarian control of all aspects of society, but by business leaders (who presumably are the smartest and best at listening to science)

        Here’s the movement described by proponents:

        Technocracy is the science of social engineering, the scientific operation of the entire social mechanism to produce and distribute goods and services to the entire population of this continent. For the first time in human history it will be done as a scientific, technical, engineering problem. There will be no place for Politics or Politicians, Finance or Financiers, Rackets or Racketeers. Technocracy states that this method of operating the social mechanism of the North American Continent is now mandatory because we have passed from a state of actual scarcity into the present status of potential abundance in which we are now held to an artificial scarcity forced upon us in order to continue a Price System which can distribute goods only by means of a medium of exchange. Technocracy states that price and abundance are incompatible; the greater the abundance the smaller the price. In a real abundance there can be no price at all. Only by abandoning the interfering price control and substituting a scientific method of production and distribution can an abundance be achieved. Technocracy will distribute by means of a certificate of distribution available to every citizen from birth to death. The Technate will encompass the entire American Continent from Panama to the North Pole because the natural resources and the natural boundary of this area make it an independent, self-sustaining geographical unit.[45]