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Lary Doe's avatar

It's readily apparent that the current Administration lacks a fundamental understanding of a Pareto Inefficiency. Farmers have been maximizing their output to meet the demands of export to China and with the changing tariff structures, cheaper alternatives stepped in. (There's some political choice and re-alignment of partnerships that have resulted most would presume will endure until either another poltical change or product disruption.)

Amusingly the subsidies that Trump will have to use to make whole farmers are antithetical to the tenets of Captialism and more aligned with Socialism (but don't tell them that).

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Phillip Tussing's avatar

When I put on my "objective thinking cap", the fog of ideology clears, and it becomes easy to draw clear parallels between the populism, nationalism, authoritarianism and state domination, plus virulent attacks on opposing politicians, academia and the media of the current American Administration and the fascism of, for example, Mussolini's Italian government in the 20s and 30s, as well as the Italian neo-fascist parties after WWII. What you describe are normal characteristics of fascism. There is not a single fascist ideology, but a number of elements, of which these are prominent and usually central tenets. Talk to a European political historian -- it is eye-opening...

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Scott M's avatar

This is yet another example of what happens we are no longer a trustworthy partner. And why the damage created here is going to last a long time. A new administration will not instantly right the ship

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