Trump knows he’s creating a recession
Trust me, bro: the “day one” MAGA agenda is now a 100-year plan.
President Donald Trump told Fox Sunday, March 9: “You can’t really watch the stock market.” Oh boy. Since the Dow plummeted, this is not the first time he has told reporters he is not looking at the effects of his disastrous policies on the market. I can relate—I am terrified to see what his crashout has done to my 401(k). Still, it’s hard to trust in the economic stewardship of someone who has decided to blindfold themselves and ghost ride the whip.
He was been asked if he would “rule out” a recession. He declined. That’s worrying.
Are we fucked?
Mr. Trump tricked a lot of Americans into thinking he would be better for the economy. How, I don’t know—his co-President, Elon Musk, promised pain and hardship, explicitly.
Rep. Lloyd Doggett (D-TX) created an excellent timeline of those campaign pledges here:
Trump’s Economic Promises Timeline
All broken. Now, these two villains are repaying that trust by destroying all of our financial futures.
Mr. Trump also said in that interview: “If you look at China, they have a 100-year perspective.”
Trust me, bro. It’ll be good, just wait a century.
On the campaign trail, Mr. Trump guaranteed economic relief to his voters “on day one.” Now it’s coming on day 36,500, when most of us are dead. Perhaps Barron Trump’s grandchildren will get to see the return of the prosperous America they are taking from us today.
In August 2024, Mr. Trump said: “Prices will come down. You just watch: They’ll come down, and they’ll come down fast.”
Now, we get from his Treasury Secretary Scott Bessent: “access to cheap goods is not the essence of the American Dream.”
National Review writers, who have not atoned for betraying their free market ideology by backing this nonsense, are scrambling to teach a conservative Treasury on the basics of conservative economics.
“Access to Cheap Goods,” Hell, Yeah!
Why ‘Cheap Goods’ Is Another Way of Saying ‘Higher Pay’
When Mr. Trump was asked to clarify his stance on the tariffs already ruining the economy, he simply shrugged and said, “The tariffs could go up.”
This feels purposeful. The market is doing badly as a result of the chaos. When given a chance to reassure the public, he instead dismisses their concerns, says he is not even paying attention, does not care, it could get worse, and frames it all as necessary pain—pain borne by the American middle class, not him.
Mr. Trump’s “golden age” is a lie. So long as he gets to impose his ideology on the country, the actual effects of his actions do not matter to him. Americans will be thrown into poverty at the same time the social safety net is being slashed open. Why trust any vision of the future from a leader who proudly and deliberately ignoring short-term harms? Does anyone trust Mr. Trump is even constitutionally capable of admitting to failures of his voodoo economic theories or course correcting?
I do not wish to sound conspiratorial. But we should consider, very seriously, that this is being done on purpose. Mr. Trump and his new technofuedalist collaborators will not suffer in a recession. For them, economic collapse is just a big sale. They will get to pick up all our foreclosed homes and ruined businesses at a discount. They’ll “buy the dip.”
If it comes to that, I would like to put myself out there for the oligarch class as an excellent propagandist in search of a patron.