Summary
Senator Bernie Sanders is intensifying his fight against U.S. oligarchy, targeting wealthy individuals like Elon Musk, Jeff Bezos, and Mark Zuckerberg.
Sanders argues that these billionaires manipulate the global economy, influence elections, and control the government, hindering democracy and exacerbating global inequality.
He believes this issue is crucial, impacting various aspects of society, including climate change, healthcare, worker protections, and poverty.
It is amazing how quickly the elite is closing ranks around the Trump government this time around. This includes essentially all major media, billionaires and even some Democrats. Completely different from the first term when we immediately saw a major resistance movement.
Realistically he will end the Ukraine war (since Ukraine has to cede land without US support), and it’s likely that investment will skyrocket (as tariffs make it too costly to import). The same will happen to inflation and inequality (but we won’t see that in the media). Let’s not even think about minorities and women. My worst fear of competently-looking facism may well be on the way.
Tariffs will not significantly increase domestic investment. The US is at its maximum employment and that’s without deporting people. Who will even work in those factories?
Not to mention American labor means that products made here are at least double the price. So no it’s smarter to just raise your prices 20-30% than build a factory that will also have raw material costs 20-30% higher anyways.
There’s some fictional reality where young people yearn for the factories. Ignoring the second half of the story where that actual generation dreamed of a world where their children didn’t have toil in manufacturing.
Also ignoring the fact that wages have been going up for lowest earners.
Seems like that’s going to be the best-case scenario for Ukraine. Worst case is the US starts supporting Putin instead.