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Botany

(70,577 posts)
Tue Jan 24, 2017, 01:38 PM Jan 2017

I am really scared that Trump is trying to "tank the economy" on purpose

He has made it more expensive for middle class people to buy homes and
his freeze on all federal hiring will cause our economy to contract and I think
that is what Trump and his people want in order to push their takeover of
America on the people.

And his talk about moving the U.S. embassy in Israel to Jerusalem along
with saying he will keep China from drilling for oil in the Pacific seem to me
like good ways to start unneeded fights and or wars.

Trump is a monster and it was a coup.

18 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
I am really scared that Trump is trying to "tank the economy" on purpose (Original Post) Botany Jan 2017 OP
I don't ... I think he is truly this incompetent and moronic etherealtruth Jan 2017 #1
This Johonny Jan 2017 #9
hear, hear! Stellar Jan 2017 #15
An other alternate "fact" :-) etherealtruth Jan 2017 #16
Never attribute to malice ... dawg Jan 2017 #2
Hanlon's Razor DemocratSinceBirth Jan 2017 #4
Certainly not on purpose. longship Jan 2017 #3
Sounds like me Dunning-Kruger Effect Botany Jan 2017 #5
Yes, he is trying to tank the economy for the middle class and poor . . . cheyanne Jan 2017 #6
He's actually not doing in on purpose in my opinion Generator Jan 2017 #7
Among conservative financial types there is talk about needing an economic "adjustment" apnu Jan 2017 #8
i had a boss once who loved "the down times" because he could be abusive to his employees ... Botany Jan 2017 #10
Damn apnu Jan 2017 #17
I don't believe so Phoenix61 Jan 2017 #11
DOW is near 20,000 again today... greytdemocrat Jan 2017 #12
And volatility is dead. It is crazy. Glimmer of Hope Jan 2017 #13
Pump and Dump sarcasmo Jan 2017 #14
Ya think? democratisphere Jan 2017 #18

Botany

(70,577 posts)
5. Sounds like me Dunning-Kruger Effect
Tue Jan 24, 2017, 02:02 PM
Jan 2017

fail to recognize their own lack of skill
fail to recognize the extent of their inadequacy
fail to accurately gauge skill in others
recognize and acknowledge their own lack of skill only after they are exposed to training for that skill

botany =

cheyanne

(733 posts)
6. Yes, he is trying to tank the economy for the middle class and poor . . .
Tue Jan 24, 2017, 02:03 PM
Jan 2017

Now he must pay off his backers and donors. Expect the dropping of the sanctions on Russia next.

Then as a demagogue, his next step is to consolidate his power. He's doing this by de legitimatizing and breaking other centers of power. We can see this in his castigation of the media and the war with the intelligence community. The Republican party and congresscritters are already scared to do anything until he gives the ok.

His other tactic is to silence his enemies by threats: tweets that can drop stock prices overnight for companies and incite death threats for critics. . .

 

Generator

(7,770 posts)
7. He's actually not doing in on purpose in my opinion
Tue Jan 24, 2017, 02:05 PM
Jan 2017

He just sucks at everything he does. He knows nothing. And the only way out of this mess is people suffering MORE. Because they seem to be under the impression that the GOP is going to help them. Until they understand it's all lies they will never stop voting against their interests. Maybe your right a depression will force a total takeover, though. It already feels that way to me. I just can't believe this nightmare. Every single day is worse and I know that is just begun.

apnu

(8,758 posts)
8. Among conservative financial types there is talk about needing an economic "adjustment"
Tue Jan 24, 2017, 02:33 PM
Jan 2017

TL:LDR version: The American worker is too expensive to employ. They use the term "wage adjustment" to describe it.

What I hear/read them saying is: US Wages are too high, and wages are the biggest drag on the balance sheet. Thus companies, looking to squeeze profits out in a competitive world, move jobs over seas where workers are desperate enough to work for pennies. In order to compete, the American worker must also be desperate to take a wage "adjustment" down. Tanking the economy will adjust wages down and make the American worker competitive. Exempted from all this is the upper class as they are "job creators" and are in a position to absorb the financial losses as the economy tanks, and can buy everything low when things bottom out.

You might have noticed, this is exactly what Trump yammers about all the time. "Buy low, sell high". I am not aware if Trump as said the American worker needs a "wage adjustment", but his actions tell us he subscribes to this notion.

All of this is bullshit, callous, and punitive to human beings who aren't financially blessed as they are. It ignores basic human behavior and the realities of economics. The philosophy ignores that fact that the cost of goods and services must also be adjusted down if one doesn't want the economy to stop in full. People can't buy stuff if they have no money.

Botany, you are right about this being a coup. For years we've heard from Conservatives that its time for America to be run as a "business" and to be led by a "businessman". This is it, this is what they've been waiting for. But we have already done all this before in the 1920s and we all know how that turned out on October 29th 1929.

Botany

(70,577 posts)
10. i had a boss once who loved "the down times" because he could be abusive to his employees ...
Tue Jan 24, 2017, 02:42 PM
Jan 2017

..... We are in for some really bad times.

democratisphere

(17,235 posts)
18. Ya think?
Tue Jan 24, 2017, 06:00 PM
Jan 2017

Drumpf can't even run small businesses without them failing or going bankrupt. Imagine how his irrational behavior will harm and destroy America.

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