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Comment by idle_zealot

12 days ago

> I'm surprised that the administration didn't understand this.

Why would you assume they don't understand? Every time they're questioned about the tariffs the narrative shifts. We have a trade deficit, we're getting ripped off, we want to bring back domestic manufacturing jobs, we'll automate them with robotics and AI, we're playing hardball to negotiate a better trade deal and get rid of fentanyl, it's a matter of national security, an economic emergency, the dollar is overvalued.

You cannot trust a word from them. If you want to understand why they're doing something you must look only at incentives and outcomes. My current analysis is that there's some internal conflict, but the overall push for tariffs comes from a desire to crash the economy and use the downturn to consolidate wealth and power.

I genuinely don't believe there's five-dimensional chess happening here. The problem is simply that the US president is a repugnant, stupid, erratic egotist who's surrounded himself with nasty people of varying levels of intelligence, with stupid ideas about how to run the country, and this is the policy result.

  • To be clear, I don't think it's chess either. I think Trump likes tariffs and wants to appear strong by slapping them around. I think some, but not all of his hangers-on are using this to push for a recession. There are multiple hands on the levers of power here, but there's a common interest in transforming the US into a Russia-style oligarchy.