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Weekly US politics news and updates thread - week of August 31
This thread is posted weekly - please try to post all relevant US political content in here, such as news, updates, opinion articles, etc. Extremely significant events may warrant a separate topic, but almost all should be posted in here.
This is an inherently political thread; please try to avoid antagonistic arguments and bickering matches. Comment threads that devolve into unproductive arguments may be removed so that the overall topic is able to continue.
Oh my god.
Trump says "LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT"
This is the financial equivalent of nuking a hurricane. If Trump follows through, no matter what happens, we end up with inflation/stagflation. Rates somehow magically go down? Inflation. Deficit trading stops? Stagflation.
So will he follow through? "IT’S BETTER THAN TARIFFS!"
Currently markets are pricing him not doing anything, or him doing something then quickly TACO'ing out.
But the long term impact of all these shenanigans is brutal. If you are Canada, you are seriously looking for more reliable trading partners. If you are China, you want to be Canadas new bestie.
Have the democrats given up on pushing back on this bullshit? We know when the democrats take over power, we are going to hear nothing but how they are destroying the economy.
Europe’s Gold Fled the Nazis. Now It’s Fleeing Trump.
https://www.whitehouse.gov/arcade/
Building the wall and arresting brown people as the border patrol.
Absolutely disgusting
Normalize cruelty and violence and stupidity.
The vice signalling continues.
Not even gonna grace this with its own thread because it’s so stupid: President proposes ‘New America’ name for New Mexico