Trump/Musk Fallout - personal vendetta? No! - Economic incoherence with gvt. policy:
Recent back & forths between the two has been made out by media to have the masses focus not on underlying factors of paramount proportions.
When seeking answers as to how the two got here, we need keep in mind Trumps initial stance in making America great again. With this terms focus, seemingly an economic one.
The idea, reasonable, by any national, of any country, looking to get their economy back on track. But it's execution in this case has many shortfalls! The best way to have gone about it, where/if, I am to put a "MAGA" hat on, in looking to derail Chinese dominance that has taken so much from the U.S middle class & looks to squander the U.S economy all together through manufacturing prowess; would've been to make these types of transitions in policy as discrete as possible.
A mass economic venture such as tariffs of this magnitude & cost cutting efforts by the Trump administration, in looking to fix U.S debt, that if not for the petro-dollar & reckless printing of fiduciary issue, due/supported by global trust/dependency on currency as international medium of trade/exchange - would otherwise have seen the American economy at a default these past 5 years or so, needed careful planning, planning that aside from discrete motive in relocating international assets/economy, from overseas - even more importantly; needed American stock-holders in the global markets of international business investments to sit down with gvt. and strategize effectively pathways.
Additionally, respective venture to curb this U.S financial predicament, again, in credit to Elon & those at D.O.G.E, should have genuinely been to further commence with suppressionary economic means/measures (i.e. lowering gvt. expenditure), which we thought was a genuine attempt, via introduction of the "Department Of Gvt. Efficiency" but yeah... the annual budget in oxymoronic manner, suggests otherwise - when pit against cost cutting efforts).
Initially, Trumps second term has had policy's of the right idea, but weren't thought out well, aren't coherent with one-another! and neither executed in effective accord. Cards have not been played close to the president's chest & contradictory bills legitimizes Musk's call in resignation.
As much as I am not a big fan either the blokes. It's good & refreshing to see sensible people in places that matter, that aren't "yes men" for the sake of it.
#Economy #GlobalMarket #US #Policy #ForeignPolicy #US #Debt
