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Columnist James Downie: Trump must be deliberately destroying the US economy. {Raw Story 26 August}
https://www.rawstory.com/donald-trump-economy-2677779664/
FTA: Rather than resulting from external shocks, the 80-year-old president's economic struggles stem largely from his own administration's decisions, MS NOW's James Downie argued Wednesday.
The column opens with Treasury Secretary Scott Bessent's exasperated response Monday, while announcing new sanctions on Iran, to the suggestion he might have deliberately damaged the economy: "Why would I want to blow up the global financial system?"
Downie argues he might have unwittingly made a reasonable point.
"Bessent may think that’s still a self-evidently ridiculous question," Downie wrote. "George W. Bush didn’t want a Great Financial Crisis, nor did Herbert Hoover seek to start a Great Depression. Surely no White House would deliberately hurt the global economy."
"Yet for the first time ever, that’s not the case," he added. "At home and abroad, the past few days have laid bare the extent to which President Trump’s troubles on the economy are self-inflicted."
🪐💔 #QueSeraSera 𓅨 🕈
