DOnald Trump encourages a crisis in the United States Constitution, claiming the powers of removal to override or prevent Congress’ control of spending on a bad attempt to centered the financial power in the branch of the branch of Executive. If he succeeded, Nobel warned Paul Krugman, it would be a 21st century coup-with the power slipping from the elected hands of the officials. The true story hidden behind the President’s trade war, he said, was the government’s jacket. And Mr. Krugman is right.
By investigating the authority to close government programs at will – even the funded by Congress – Mr. Trump could break federal spending and taxes while pretending to balance the books. In fact, he wants to rob the poor to enrich the rich. In a world where the economic jargon is broken to describe the exploitation as the “creation of wealth”, Mr. Trump’s bravery – and his deficiencies – to personally earn is stunning. Mr. Trump’s philosophy is simple: let Uber rich do what they want, with little or no supervision. The result will be a broad treasure for a selected few as life grows nastier and shorter for many.
His plan was formed last weekend when Mr. Trump removed a leading Treasury officer blocking contractors who competed directly with Mr Musk’s businesses. The system does not exceed $ 5tn annually, and Mr. Musk and his allies, wrote analyst Nathan Tankus, “clearly aimed at redesigning” to serve the Trumpian agenda – opening the door For the US president to seek payment against his political opponents.
To see the effect, don’t look more than one of Mr. Trump’s first motions: the freezing of trillions in federal expenditure – especially with foreign assistance, nongovernmental organizations, “Dei initiatives”, “The ideology of gender” and the “green new deal” woke up. The courts prevented the proposal as a non -Constitution – but it was not before it was destroyed by government agencies and nonprofit, especially those who were helping weak groups such as non -veterans. Mr. Musk claims that he will close the US agency for international aid (USAID) – but it remains moot as a federal body is legally required to administer assistance.
Like his trade war, Mr. Trump’s claim to the “impoundment” authority – the right to unilaterally stop spending – revealing the main contradiction of his grab of power: he posted like a monarch because he was is too weak to rule as a president. He brings tariffs to Will, which has exceeded Congress with “national security” claims – even cutting the deal with Mexico with both sides falling as a success.
In his first term, the protectionist of Mr Trump’s Crusade-tariffs in China, a NAFTA shake and attack on the trade policies of allies-was sold as a revolution. Instead, it is a self -wound. His administration dropped $ 80bn in new “taxes” to Americans through tariffs, only to see supply chain reroute in Vietnam and Indonesia instead of bringing jobs home. The real cost? A 0.2% hit GDP and 142,000 jobs were lost, according to the Tax Foundation. Without serious investment in the domestic industry, the American trade approach was not rebuilding US manufacturing – it only expelled costs. Mr. Trump’s chaos is not confident – it’s desperation. He tries to make power without him. He is making a understanding of the dominance of hope that the Americans will accept it only. The real danger is to let his illusion of power be reality.