Trump says that US having empty shipping ports is a good thing. "That means we're losing less money"
https://xcancel.com/atrupar/status/1920501678001754526
Trump thinks that receiving fiat currency is more valuable than material goods.
Somehow is going to be Biden’s fault
I'm going to say this very nicely because I think Hexbear should invite new people to learn about Socialism.
We don't support Biden here. This is a Marxist and Anarchist website.
The US economy was headed towards collapse no matter whether Republicans or Democrats won the presidency. The US economy has been built around short term profit seeking for decades. Once China's economy outgrew the US economy, the US went into meltdown because they want to remain as the global hegemon. In September 2024, the US congress passed 25 anti-China bills in 1 week.
Xi Jinping came to the US/California during Biden's presidency, October 2023. Even Gruesome Newsom was friendly towards China and presented Xi with gifts. Biden told the press immediately after the meeting that Xi is a "dictator" and was hostile towards China. Biden's own cabinet expressed disappointment with how Biden acted. This is as much Biden's fault as it is Trump's fault and also the fault of every previous US president going back decades.
In September 2024, Biden's administration put a 100% tariff on Electric vehicles from China and a 50% tariff on solar panels.
This is all true, but like Trump's tariffs definitely made this so much worse. US basically saying they will unilaterally blow up trade relations on a whim. Can't imagine a worse footgun moment for American leadership.
Honestly this is once again big win for the global south. It was terrifying when he was going to just stop trade globally, now it’s pretty much just an own goals. I’m here for it
i think they meant that Trump will blame everything on Biden
I get that. I interpreted the tone of the post to be sarcastic. Maybe I've been reading too many Democrat posts on twitter or reddit. Maybe my post didn't need to have the first 2 lines. The second line of my post maybe implied that they support Biden and maybe I interpreted that incorrectly.
The point that I wanted to express is that I genuinely believe that Biden and Democrats are equally to blame for the current state of the economy. The second point I wanted to make is that if Biden or Kamala would have won the election, I believe that they would have made very similar or same policy decisions to Trump. Kamala ran campaign ads that said she was going to be harsher on the border than Trump. Biden/Kamala staffers went on Israeli television to say that they secretly never planned to have a ceasefire in Gaza. Tariffs and anti-China policies are bipartisan. When the media recently asked Democrat politicians about tariffs, they would only say that tariffs should be more precise and not that they oppose the use. I think Kamala would have also placed tariffs on China and maybe other countries.
Another theory I have is that Democrats wanted Trump to win. In much of Kamala's campaign, she did the exact opposite of what she was told to do by polling and campaign advisors. Kamala sent Bill Clinton to Dearborn Michigan to tell the Muslim voters that West Bank was called Judea and Samaria. She lost every swing state. By letting Trump win, Trump takes the blame for US losing global hegemon status, Trump takes the blame for the genocide that Biden enabled in Gaza, Trump takes the blame for suppressing the anti-Zionist protestors that the Democrats also hate, Trump takes the blame for enacting anti-China policies that Democrats also want to do, Trump takes the blame for migrant deportations which Kamala campaigned on doing, etc. Democrat politicians secretly like the things that Trump is doing, so they just sit back and collect donations while he takes the heat. It's like how Roe V Wade was overturned in the first half of Biden's presidency and then he literally did nothing about it because Biden is against abortion.
The plane is crashing and Democrats don't know how to fly, so they let Republicans take the pilot seat.
Kind of an ongoing game of economic russian roulette tbh, 1 presidency = 1 chamber