Regime Uncertainty and the Trump New Deal
As we moved through the fourth month of the Donald Trump presidency, chaos seems to be the situation for the economy.
As we moved through the fourth month of the Donald Trump presidency, chaos seems to be the situation for the economy.
The blackout of the Iberian Peninsula and Southern France on Monday, April 28, has led to hot debates among opponents and supporters of renewable energy. Opponents claim that wind turbines and mainly solar power plants caused the blackout, whereas supporters of renewable energy accuse nuclear power plants of causing the problem, claiming that wind and solar energy really helped restart the electricity network.
The Wall Street Journal editors have made a monumental error of judgment. In their unsigned piece “Great Trump Tariff Rollback” (3/13/25) they announce that the Trump Administration has lost its trade war against Adam Smith.
For many students, acquiring a diploma is not only a measure of scholastic success but also an important step toward employment and economic stability. Yet, as higher education increases its pace, the expectation that achievement of a diploma will automatically lead to a job grows more and more out of touch with reality. With easier access to universities, degrees become the bare minimum as the job market becomes selective.
The US Treasury press release announced the federal government will not meet the next scheduled interest payments on US government issued bonds and they declared a sovereign nation debt default on known federal debt of $36 trillion as of April 2025 according to the US national debt tracker website. Going forward, bond debt repayments will be negotiated with the bond holders. This default has not happened as of this article’s writing and the reality is here. Here is one possible scenario.
Over the weekend, the Biden family announced that former President Joe Biden has been diagnosed with stage IV prostate cancer. The statement said that the cancer was characterized by a Gleason score of 9 out of 10, indicating it is highly aggressive, and that it has already spread to the bone.
“China has been ripping us off for years, taking advantage of our open markets while they close theirs. They’re not playing fair, and it’s costing us billions.”—Donald Trump, Pennsylvania campaign rally, June 28, 2016
The “dark enlightenment” is simply a variation on the technocracy of “sustainable development” or the “great reset.” Technocratic control is the goal in both cases.