TGI Cleared Those Tabs

  • And that’ll calm the markets.
FILED UNDER: Tab Clearing, , , , , , , , ,
Steven L. Taylor
About Steven L. Taylor
Steven L. Taylor is a retired Professor of Political Science and former College of Arts and Sciences Dean. His main areas of expertise include parties, elections, and the institutional design of democracies. His most recent book is the co-authored A Different Democracy: American Government in a 31-Country Perspective. He earned his Ph.D. from the University of Texas and his BA from the University of California, Irvine. He has been blogging since 2003 (originally at the now defunct Poliblog). Follow Steven on Twitter and/or BlueSky.

Comments

  1. gVOR10 says:

    Re both Lutnick and Trump talking about short term pain for long term gain: They’re doing the Volker/Reagan thing which in their minds is giving the economy it’s harsh medicine to fix it’s problem and doing it early so Trump can get reelected* in the glow of the recovery. A couple of flaws: First, the problem they’re fixing is an economy declared the envy of the world by The Economist. Second, their “fix” is based on glibertarian nonsense and won’t work. The economy will recover, but likely not to where it would have been without their “fix”. Third, they don’t really give a damn about our economy, the goal is to institute an oligarchic electoral authoritarianism.

    * Or JD or some other minion of the oligarchs elected, or Trump’s repulsive kid, which may be the real plan.

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  2. Michael Cain says:

    Americans Will Tolerate Economic Downturn to Restore Manufacturing.

    What those Americans hope for, of course, is the return of millions of manufacturing jobs, with the pay and benefits from the height of union power days. Manufacturing isn’t like that any more. It’ll be like coal mining: a few thousand workers and a ton of automation. Less than 4,000 actual mine workers in Wyoming produce 40% of all the coal mined in the US.

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  3. Michael Cain says:

    @gVOR10:
    Hasn’t Musk said that the goal is another Great Depression, this time to be handled on Mellon’s terms? “Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high living will come down…. Values will be adjusted, and enterprising people will pick up the wrecks from less competent people.”

  4. Sleeping Dog says:

    @gVOR10:

    Actually not glibitarian, I followed a link to a post at Cafe Hayek that ripped the felon and had numerous quotes and links to other libertarians that also ripped his policies. There is nothing coherent or ideological about it’s all id.