Showing posts with label Tariffs. Show all posts
Showing posts with label Tariffs. Show all posts

Tuesday, April 15, 2025

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Jim Kavanagh


Can we admit how completely fucked we are?

Donald Trump is destroying the American economy and the American empire. More precisely, the Trump administration is accelerating the demise of the United States, internally and externally, that's been underway for a long time.

We are truly at the end of the road. It’s a road along which we have been alternately force-marched and slow-walked for decades and we’re at the point where our toes are hanging off the edge of the cliff. The abyss beckons. No one is going to pull us back.

This is the culmination of capitalist decline, imperialist defeat, and Zionist fanaticism. It is the American answer to the question: Socialism or barbarism? It is the collapse of the post-WWII U. S.-dominated world order, of the American (and “Western,” Euro-Atlantic) project tout court, and of all pretenses regarding it.

Terms like “democracy,” “human rights,’ “international law,” or “peace and prosperity” are nothing but bad, unfunny jokes.

Donald Trump is an appropriate villain for this last act of the American tragi-comedy, which has always been plagued by a hubris based on ignorance and arrogance. But it’s a world stage, and he is just a crude personification and culmination of the domestic and global forces that have been at play. All the American and Western liberal and conservative actors have played their parts in setting the stage for the tragic dénouement we are living through.

The Trump administration is engineering the final collapse of the American economy and empire using aggressive, simplistic versions of bipartisan policy frameworks that have underlain American politics for a long time.

These have been combined with the exceptional decline in America’s economic infrastructure, the exceptionally sad state of American political consciousness, the exceptionally stubborn attachment to the atavistic Zionist colonial project, and with Trump’s exceptional narcissism, to create a perfect storm of aggressively stupid and self-destructive policies that will lead to a catastrophic collapse of America’s already fragile social economy and standing in the world, as well as all the fictions of exceptional historical and international virtue premised thereupon.

Monday, August 26, 2019

Week in Review Discussion on The Critical Hour (8/23/19)

Trump's Twitter War Becomes Reality, China Imposes New Tariffs Starting September 1

On this episode of The Critical Hour, Dr. Wilmer Leon is joined by Dr. Jack Rasmus, professor of economics at Saint Mary's College of California; Jim Kavanagh, political analyst and commentator and editor of The Polemicist; and Caleb Maupin, journalist and political analyst. 

It’s Friday, so that means it's panel time. 

US President Donald Trump is raising the stakes in his trade war with China, tweeting Friday that he's increasing the tariffs scheduled to start next week from 10% to 15% on $300 billion worth of Chinese goods. Trump's comments came on a volatile day in his trade war. China started things off by announcing tariffs on $75 billion of US goods Friday morning. Just as the market was starting to calm down, Trump made two tweets that further rattled investors. The first ordered American companies to find alternatives to doing business in China, and the second wondered who is the bigger enemy: Chinese President Xi Jinping or US Federal Reserve Chairman Jerome Powell. Trump also tweeted his justification for taking on China over trade, saying it is something that was long overdue.

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