GOP is deliberately tanking the economy

[RockyRoadTravel]

It's an overarching explanation that makes sense. Two things we know about this current regime in the White House. 

1. It serves the billionaire class.  Never have billionaires been more directly involved in directing government actions, or inaction when it comes to consumer protections. Elon Musk at DOGE is just the most obvious example.  Dropping government oversight of health and safety regulations. Defunding renewable energy - even though it's a cheaper source of power. 

2. Fear. Nothing says MAGA more than fear.  Trump loves fear. He campaigns on fear. He rules with fear. He intentionally creates fear.  It's the only way his politics sells. With the creation and promotion of fear.

Who wins in an economic crisis?  The ones who are already winning. It leads to more corporate concentration as the small guys can't weather the storm. Family farms. The USA already has a much smaller share of family farms involved in agriculture than does Canada for example. The tariffs on China that are now resulting in the potential bankrupting of soy bean farmers. Trump doesn't give a shit. If family farms go bankrupt and we have even more corporate concentration in agriculture - that's a win for this regime.  

Unemployment goes up, wages come down.  Bust all the unions, wages go down. Fear, wages go down.   

The economic collapse by this regime is deliberate. 

[Pete1111]

This vlogger below shares additional light on the family farm piece. For example:

1.  45 expanded who can qualify for Chapter 12 bankruptcy, so that the non-farmer rich bought farmland, and became absentee farmers that were allowed to qualify for Chapter 12 protection, originally intended to only mitigate risk for family farms.

2.  Bankruptcy in general is on the rise, not just farming bankruptcy, because Trump has tanked the economy.  Farm failures linked directly to tariffs have not kicked in yet.

3.  Farmers are typically millionaires with 6 figure income.  Farmers are not among poor Americans that need help feeding their children.  The farm lobby drives corporate media to report bad news so that the Government sends farmers money.  Now that billionaires own a lot of farmland, the money is being sent to them.  Remember how Scott Bessent, one of our super rich Queens, claimed he was a soybean farmer? 

4.  Farms are like all businesses.  Some will fail.  That is happening now and will always happen.  Failures rise and fall and always will.  But with Chapter 12 rules now mitigating risk, billionaires have and will continue buying farms.  That's happening right now.  As the previous post suggested, Trump is tanking the economy.  Billionaires will continue snatching up failed assets, farms and otherwise, as they fail.

 

 

[bucknaway]