General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRaw Story: WSJ editorial warns Elon Musk's 'blow-it-all-up' ideas will devastate U.S. economy
https://www.rawstory.com/wsj-editorial-warns-elon-musks-blow-it-all-up-ideas-will-devastate-u-s-economy/
In short, the WSJ's editorial board is saying feel free to fuck up the entire federal govt, but do not fuck with our money.
Walleye
(37,369 posts)But cheer up Republicans, if the economy crashes, the price of eggs will probably come down
Yavin4
(36,880 posts)Everyone sees what they want to see in Trump instead of the truth that's right in front of them.
radius777
(3,818 posts)that those who thought Trump was joking are about to find out. Trump was restrained to some degree the first time around, only deploying his crazy on select targets. This time the crazy is going to be unleashed across the board - and it's going to have far ranging and unintended effects - including on many of those who thought they would be exempt.
DENVERPOPS
(10,637 posts)are about to find out, the hard way, about the Frankenstein's Monster they have created, and now is out of control.......
In Street Slang: You grew it, you chew it..........
They still are stupid/ignorant enough to not begin to realize that when Trump said: "Vote for me, and you will never have to vote again", in all actuality meant future voting will be totally corrupted by the RepubliCONs and that their vote will no longer matter.....
Welcome to the "Nuevo" RepliCONs, Corporate Tyranny of America..............or maybe United Corporations of America......
dweller
(25,486 posts)And eggs become the new coin of the realm
✌🏻
Walleye
(37,369 posts)Do they also intend to trash the agriculture department?
dweller
(25,486 posts)😐
✌🏻
not fooled
(6,150 posts)For some reason it's been a particular object of hatred for the RW loons. Expect attempts by know-nothings to gut the USDA except perhaps for the parts that facilitate agricultural exports (because other countries aren't as stupid as the US and don't want our pests and diseases).
I used to know several USDA employees with great jobs (relatively high salaries, excellent benefits) that were enthusiastic red don supporters. I still remember how relieved they were that the country dodged a bullet when Hillary didn't become president. Wonder how they feel now. Bunch of ignorant dumbasses, they were.
markodochartaigh
(2,221 posts)at reading chicken entrails, they could see what would come of voting for Trump.
Tweedy
(1,272 posts)While simultaneously ending SNAP and forbidding the use of fertilizers or pesticides without any scientific advice about how to still grow crops apparently.
Right now, it looks like the goal is to destroy as much of our economic successes as possible. Why? Idk. Do they want to buy distressed property cheap? Do they hate the United States this badly? Ignorance? Arrogance?
It doesnt really matter why. Stupid destructive crapola is coming.
Bettie
(17,640 posts)don't forget that piece of the pile of excrement!
Eloon works directly for Putin. Funny thing is that he thinks he will do well after destroying the US for him, but he'll really just get the usual flying lessons from a window.
Tweedy
(1,272 posts)I think
All the horrors you can imagine for immigrant farm workers and nobody to care if they die while trying to work.
Basically the notion is to turn the farm into a Pullmans village during harvest and planting season so the workers owe all of their wages to the company store and some dont survive the experience.
Bettie
(17,640 posts)evil...literally evil.
Tweedy
(1,272 posts)Yes.
Meowmee
(6,820 posts)Fall out a window etc.
erpowers
(9,393 posts)They want to crash the economy because they think crashing the economy will allow them to rebuild the economy the way they think it should be built.
Tweedy
(1,272 posts)This has been tried previously. It always fails spectacularly. Pinochet destroyed things. Who knows when, or if?, Argentina ever recovers. If you like inflation, you will love Argentinas which usually exceeds 100% (as high as 200%).
Right now in Russia, some folks fave, potatoes are up 78%.
These same folks, under a different normie president, laid waist to Iraqs economy and insisted! that Ethiopia end free public education in the interest of the economy and ending the countrys debt.
Ethiopia used to be one of the most stable, literate countries in freaking human history.
Now, Ethiopia hovers around perpetual civil war, its economy in ruins and many of its people sunk in illiteracy.
Who does this benefit?
Arms manufacturers and the men who always need more!!! like the seagulls in Finding Nemo. The more men are never satisfied. It is a hole of need they are trying to fill with power. That never works.
NickB79
(19,736 posts)Dulcinea
(7,771 posts)That alone will mess with the economy, and people still probably won't get cheap gas & groceries.
Docreed2003
(18,023 posts)Yavin4
(36,880 posts)Everybody interprets what he says and thinks that his instability won't negatively affect them.
BoRaGard
(3,816 posts)Yavin4
(36,880 posts)That's not his end goal. His end goal is complete control of the West.
Yavin4
(36,880 posts)So says China.
there is that. Mebbe they could go fifty fifty?
Sounds like a Heinlein plot.
Yavin4
(36,880 posts)Climate change takes the South.
Irish_Dem
(62,993 posts)rubbersole
(9,033 posts)Yavin4
(36,880 posts)He is simply exploiting our weaknesses. Us normies expected our highly vaunted institutions to protect us, but we failed to understand that our institutions are only as strong as the people who run them.
Solly Mack
(93,679 posts)louis-t
(23,939 posts)And isn't that better?
patphil
(7,339 posts)I don't think the WSJ understands what it is that Donald Trump wants to succeed at.
Also, Musk contributed over 100 million dollars to Trump's campaign. He's going to reward Musk, even if it hurts a whole lot of people; something Musk has already says will happen.
So, Musk obviously plans to sell high before the shit hits the fan, and then buy at bargain prices after the crash.
The rich can get richer in times of economic turmoil if they know what's coming. And, Musk knows what his plans and actions will do to the economy.
rubbersole
(9,033 posts)Thank you, Elon. Please, some more of your genius for us peons...
patphil
(7,339 posts)wants the dollar to crash and then introduce cryptocurrency. Elon needs to get his ass out of the US, he's wants to bring South African Apartheid to the US. Vance, Peter Thiel. and Paul Furber.
Read below:
https://archive.ph/20240920072546/https://www.ft.com/content/cfbfa1e8-d8f8-42b9-b74c-dae6cc6185a0
Biophilic
(5,204 posts)Yup, I fully expect that will come out of trumps administration. They are just the people to do it. I dont know whether to laugh hysterically or cry. I cant believe the WSJ actually said that.
Skittles
(161,443 posts)NOW they are concerned the monster may do, well, monstrous things
City Lights
(25,506 posts)SunSeeker
(54,423 posts)Johnny2X2X
(22,143 posts)I think people have to realize that Musk and Trump want to blow it all up, not because they don't think the system works for regular people, but because they think it works too well for regular people. Republicans think working people have it too easy, they think people are lazy and need to work harder for less.
Their whole goal for blowing it all up is to make it easier for the rich to benefit the most from a new system and to ensure the rich have the benefit of preying on working people without government inteference.
That's what this is all about, the rich got sick of draining the working class little by little and decided to take it all at once.
bdamomma
(67,237 posts)that word "hardship". It's very criminal of them to loot our ACA, SS and other initiatives we have had. All they do is lie, cheat and steal, I hope that they choke on that greed. They have no respect for us whatsoever. They think we are all ignorant (some are).
Irish_Dem
(62,993 posts)Billionaires can buy up everything ten cents on the dollar.
relayerbob
(7,093 posts)Not sure that coincides with Putin's idea of success.
orwell
(8,003 posts)...same as it ever was.
Wait until they come to the realization that money itself is an abstraction, created out of thin air, to give us an illusion of material importance and to ultimately delineate class structures. (Spoiler alert...they won't)
Try eating a bar of gold sometime...
Nigrum Cattus
(340 posts)Next year is going to be very bad if only 30% of what they
want to do becomes real. If he does fire all the federal
workers that keep the federal gov running the failures
will be overwhelming and cataclysmic. Plan for the worst
and desire for the best.
rainin
(3,208 posts)no_hypocrisy
(49,910 posts)like the rest of us.
bdamomma
(67,237 posts)jump out of windows??? like what happened during the "crash"
exboyfil
(18,097 posts)of this before the election.
Skittles
(161,443 posts)SINCE WHEN DO REPUKES CARE ABOUT THE DEFICIT? FUCK YOU WSJ, you helped sane-wash that traitorous piece of SHIT. FUCK YOU!
TBF
(34,983 posts)according to press this morning he is still looking for someone to be head of Treasury. The WSJ is obviously not amused, so he is looking for someone they will accept.
https://www.cnn.com/2024/11/18/politics/trump-treasury-picks-jockeying/index.html
https://www.reuters.com/world/us/trump-search-treasury-pick-widens-sources-say-2024-11-18/
https://www.washingtonpost.com/business/2024/11/18/trump-treasury-candidates-search/
https://apnews.com/article/trump-treasury-tariffs-cabinet-bessent-lutnick-99db930ea0516673c96f8b524af975f2
bronxiteforever
(9,819 posts)Iris
(16,229 posts)Thrill
(19,318 posts)Fuck the media
Emrys
(8,116 posts)She announced £45 billion in unfunded tax cuts with no underlying economic analysis in a mini-budget that cratered the financial markets, slashed the value of the pound, raised mortgage rates and boosted inflation. She lasted less than 50 days in office before she was forced to resign by her party.
She was disruptive alright.
Bluethroughu
(6,606 posts)The WSJ should have been reporting what they said while they, trump and elunatic, were champaining.
It's going to get bad for awhile...sickos.
Just another Repubulican Presidency that trashes Democratic high times.
Buckle up maga, you are going for a ride!
Cha
(306,793 posts)PortTack
(35,172 posts)NNadir
(35,055 posts)...as the immigrants who destroyed America.
SpankMe
(3,360 posts)Also, I remember when the media used "Mr." Trump instead of "president" Trump in articles and the right-wing lost their shit each time. I don't hear much complaining nowadays when the WSJ does this - even though it's in the style guides of every newsroom: Use "president" at the first mention, then "Mr." after that.
lonely bird
(2,054 posts)Void his citizenship and deport his treasonous ass.
Aussie105
(6,658 posts)You know, blow it all up and stand back and hope something better grows out of the rubble, spontaneously?
History tells us this never works, but Musk might think he knows better.
The 'sincere concerns' about the implications of a Trump presidency come a bit late though.
Where was this insight before the election?
erpowers
(9,393 posts)That is exactly what Elon Musk wants. He thinks once the economy is "blown up" it can be rebuilt and people will eventually be okay with the new economy. I think he is wrong.
Escurumbele
(3,703 posts)"In short, the WSJ's editorial board is saying feel free to fuck up the entire federal govt, but do not fuck with our money. "
Dan
(4,256 posts)About Trump doing evil things with terrible Cabinet members.
Its simply this - Trump is a Jinx. He ran casinos into bankruptcy which is hard to do. He blew through the 400+ million his daddy left him and the stuff he stole from his brother.
Everything he touches dies - is so spot on, but who would have thought that he could destroy a nation?