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]

[Suckrates]

 

Treasury Secty Scott Bessent TODAY on Morning Joe........   "I DONT believe that tariffs are a tax on the American consumer".......

He should immediately LOSE his job, although I am certain Trump "mandated" he say that !   

Trump & Co CONTINUE to mislead Americans, who continue to see prices rising......


 

[RockyRoadTravel]

3 hours ago, Suckrates said:

 

Treasury Secty Scott Bessent TODAY on Morning Joe........   "I DONT believe that tariffs are a tax on the American consumer".......

He should immediately LOSE his job, although I am certain Trump "mandated" he say that !   

Trump & Co CONTINUE to mislead Americans, who continue to see prices rising......


 

How can you tell he's lying?  His lips are moving.  The people who are paying the tariffs are the American people.  A good is imported, a tariff is applied to the good, the price of the good has the tariff price added to it.  It's not mathematics, it's arithmetic.  Even the Incompetent-in-Chief should be able to handle arithmetic.  

[RockyRoadTravel]

On 10/27/2025 at 8:34 AM, Pete1111 said:

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.

 

 

The percentage of agricultural goods produced by family farms is a lot higher in Canada than in the USA because of their system of supply chain management that guarantees adequate price levels for goods produced.  Rather than the American system of stepping in with subsidies during a crisis.  Supply chain management is hated by the MAGAists was part of the 2018 free trade agreement negotiations, and will likely be part of the 2026 free trade renewal agreement.  MAGA wants to kill the Canadian family farm, as well as the American family farm.  

And speaking of bankruptcies, America remains the only major economy where citizens have to declare bankruptcies because of medical debt issues.  And now MAGA wants to throw even more people off of their health insurance with their Big Ugly Bill, part of their Contract on America.