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Trump’s economic plans are stupid

I am no economist, but the Independance of the Fed Res. is very important to the economy.
What if each president could tell them what the prime rate was to help his poll numbers?
 
I am no economist, but the Independance of the Fed Res. is very important to the economy.
What if each president could tell them what the prime rate was to help his poll numbers?
They’d be printing money as fast as they can and giving it away to buy votes, while blaming the resulting inflation and deficits on Democrats.
That’s what they did last time. But that was a paltry $7 trillion.
This time, with the Fed in their pocket, it’s going to be the whole shebang - everything they can steal, probably including publicly traded Companies’ assets.
 
I am no economist, but the Independance of the Fed Res. is very important to the economy.
What if each president could tell them what the prime rate was to help his poll numbers?
They’d be printing money as fast as they can and giving it away to buy votes, while blaming the resulting inflation and deficits on Democrats.
That’s what they did last time. But that was a paltry $7 trillion.
This time, with the Fed in their pocket, it’s going to be the whole shebang - everything they can steal, probably including publicly traded Companies’ assets.
I’m skeptical that Trump will really do any of the myriad things he has promised. It’s all for show. He might impose a few tariffs. He’ll make a show about the border. But the real thing he’ll do is give the Uber rich another tax cut. Thats the only accomplishment of his first administration.

For all we talk about him being another Hitler, the truth is that there’s a big difference between him and Hitler. Hitler was actually competent at being a fascist. He had specific goals and a plan to get there and he did so. Trump follows whatever whim he has and whatever his sycophants tell him. Last time, his aids would listen to his bullshit rants, and say things like, We can do that, but maybe next week. Then Trump would forget about it. Our billionaire Wall Streeters may actually stop him from pulling the bullshit economic things he talks about. Shut down world trade with huge tariffs? I think not. They will tell him that would destroy manufacturing jobs. End their cheap source of labor from immigrants? No fucking way dude.
 
Hitler was actually competent at being a fascist. He had specific goals and a plan to get there and he did so.
This is highly doubtful.

He had a few vague goals, and tried his luck. When France and England didn't smack him down, he tried his luck again. And again. By the time the French and English said "OK, now it's war", it was too late to put him back in his box - but he didn't plan it that way; It just happened that way.

Insofar as he had plans, they were much longer term, but his unexpected early wins before France declared war put him in a bind - he wasn't yet ready.

And everyone knew he couldn't defeat France. When he did, it surprised everyone, including Hitler. And again, it brought forward his timetable, and again he acted before he was ready - this time against his Soviet ally. Worse, not only was his invasion years early, but due to problems caused by Mussolini, it was also months late - giving him insufficent time to take Moscow and Leningrad, and ultimately sealing his defeat.

So, not much in the way of goals, no real plan, and he ultimately failed.

His other famous 'plan', the removal of Jews from Germany (and later from the other occupied areas of Europe and the USSR), wasn't much less ad hoc either. It started as a plan to deport the Jews, but nowhere would take them, and the few places that couldn't have stood up and said "No" were logistically impractical - particularly as his war "plan" spiralled out of control. So it ended up as an extermination plan, which Himmler managed fairly efficiently (despite, rather than because of, Hitler); And even that failed, as the wartime labour shortage forced the use of Jews and other untermenschen as slaves.

Of course, besides his failure to plan effectively for war, or for the holocaust, he had other major undertakings to deal with. He had to plan a war economy (failed); The redesign of Berlin (failed); and the development of high-tech weapons, such as rockets, pilotless aircraft, atomic bombs, jet aircraft, etc., etc.

Almost all of these failed spectacularly, often due to the failure to have an overall plan that would prioritise these projects, and prevent them from sabotaging each other's efforts, and stealing each other's resource allocations, particularly as the war made resources such as fuel, trucks, lubricants, rubber, ball bearings, skilled personnel, etc., etc., harder and harder to obtain.

Hitler's plans were shit, and his management of them was even worse, because he employed people based on loyalty rather than ability, and because he prioritised whatever someone had most recently talked to him about, particularly if it was grandiose and had his name on it. Sound familiar?

Trump follows whatever whim he has and whatever his sycophants tell him. Last time, his aids would listen to his bullshit rants, and say things like, We can do that, but maybe next week. Then Trump would forget about it.
That was Hitler to a T.
Our billionaire Wall Streeters may actually stop him from pulling the bullshit economic things he talks about. Shut down world trade with huge tariffs? I think not. They will tell him that would destroy manufacturing jobs. End their cheap source of labor from immigrants? No fucking way dude.

Again, Hitler had to bend his plans to accomodate his backers in big business. His entire existence depended upon their backing, and their collusion in stealing any factory or business owned by Jews or foreigners.
 
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As a military leader, Hitler sucked. As a fascist he was able to achieve absolute power in Germany and transform its society from a democracy to a fascist dictatorship.
 
For all we talk about him being another Hitler, the truth is that there’s a big difference between him and Hitler. Hitler was actually competent at being a fascist. He had specific goals and a plan to get there and he did so. Trump follows whatever whim he has and whatever his sycophants tell him. Last time, his aids would listen to his bullshit rants, and say things like, We can do that, but maybe next week. Then Trump would forget about it. Our billionaire Wall Streeters may actually stop him from pulling the bullshit economic things he talks about. Shut down world trade with huge tariffs? I think not. They will tell him that would destroy manufacturing jobs. End their cheap source of labor from immigrants? No fucking way dude.
Trump doesn't need to come up with his own plan. Project 2025 has already been given to him.
 
As a military leader, Hitler sucked. As a fascist he was able to achieve absolute power in Germany and transform its society from a democracy to a fascist dictatorship.
…. For one brief horrific moment, yeah.
It lasted about the same as one American election cycle. I think the way @bilby described it is accurate.
 
As a military leader, Hitler sucked. As a fascist he was able to achieve absolute power in Germany and transform its society from a democracy to a fascist dictatorship.
…. For one brief horrific moment, yeah.
It lasted about the same as one American election cycle. I think the way @bilby described it is accurate.
33-41. In that time, he destroyed democracy, put all power in his own hands and that of his cronies. Never had to worry about reelection. Reformed the German economy, and built a war machine that conquered Western Europe. His big mistake came when he decided to invade Russia. Trump didn’t do shit his first administration, aside from a tax cut for the wealthy. He didn’t build a wall even. Lost the next election. Hitler was more competent. At least at first.
 
33-41. In that time, he destroyed democracy, put all power in his own hands and that of his cronies.
Right. Then the real reign of terror began.
No. The reign of terror began within months of Hitler taking office. He had a plan and executed it quite well. Like I said, he was more competent than Trump. The Holocaust really didn’t get moving though until 1941 after the invasion of Russia.
 
As a military leader, Hitler sucked.
Sometimes, he is ironically referred to as GröFaZ in Germany. Stands for "Größter Feldherr aller Zeiten" or "greatest commander of all time".
Apparently the acronym was coined after the Battle of Stalingrad.
 
I am no economist, but the Independance of the Fed Res. is very important to the economy.
What if each president could tell them what the prime rate was to help his poll numbers?
They’d be printing money as fast as they can and giving it away to buy votes, while blaming the resulting inflation and deficits on Democrats.
That’s what they did last time. But that was a paltry $7 trillion.
This time, with the Fed in their pocket, it’s going to be the whole shebang - everything they can steal, probably including publicly traded Companies’ assets.
I’m skeptical that Trump will really do any of the myriad things he has promised. It’s all for show. He might impose a few tariffs. He’ll make a show about the border. But the real thing he’ll do is give the Uber rich another tax cut. Thats the only accomplishment of his first administration.

For all we talk about him being another Hitler, the truth is that there’s a big difference between him and Hitler. Hitler was actually competent at being a fascist. He had specific goals and a plan to get there and he did so. Trump follows whatever whim he has and whatever his sycophants tell him. Last time, his aids would listen to his bullshit rants, and say things like, We can do that, but maybe next week. Then Trump would forget about it. Our billionaire Wall Streeters may actually stop him from pulling the bullshit economic things he talks about. Shut down world trade with huge tariffs? I think not. They will tell him that would destroy manufacturing jobs. End their cheap source of labor from immigrants? No fucking way dude.
What we are worried about is what his handlers will do. The Felon by himself isn't a danger, but the people he would appoint would be catastrophic.
 
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As a military leader, Hitler sucked.
Sure, but to be fair, as the administrator of a national economy, Hitler sucked too.
As a fascist he was able to achieve absolute power in Germany and transform its society from a democracy to a fascist dictatorship.
What he was good at was propaganda and populism.

Nazi propaganda was so good that people still talk about "German efficiency", even though any study of the German economy in the Nazi period, even before the outbreak of war in Europe, finds a shit-show of incompetence, wasteful and needless bureacracy, pettifogging regulations, and siloization leading to pointless duplication of effort and lack of cooperation.

What the Germans were good at was obedience and loyalty to those in command.

Fascist propaganda was pretty effective even in Italy, where despite ruling over an even worse shit-show than in Hitler's Germany, Mussolini is still remembered with the phrase "At least he made the trains run on time". The Italian trains did not run in time under Mussolini; But many Italians thought they did, because they kept on hearing it, over and over.

Say what you like about Trump, but at least he always picked the best people.

Or so we hear.
 
As a military leader, Hitler sucked. As a fascist he was able to achieve absolute power in Germany and transform its society from a democracy to a fascist dictatorship.
…. For one brief horrific moment, yeah.
It lasted about the same as one American election cycle. I think the way @bilby described it is accurate.
33-41. In that time, he destroyed democracy, put all power in his own hands and that of his cronies.
Yes. He did that.
Never had to worry about reelection. Reformed the German economy,
He just went on a massive spending spree. The German economy couldn't support it in the long run, except by grand larceny; So they 'confiscated' everything owned by German Jews, and then invaded a series of neighbouring countries where they 'confiscated' everything that wasn't nailed down, and if it was, they also 'confiscated' the nails.

The glut of labour from the depression was solved by conscripting a vast Army. Whether individual Germans were happier to have regular work, when that regular work involves being shot at in a Russian blizzard, with no winter clothing, no hot food, no ammunition, and no fuel, you would have to ask them. It was great for a few years; Then it (unsurprisingly) all went to shit.

Kleptocracy always looks good to those not targetted for theft, at least for the short term.

The economic strength of Germany was all show and little substance; And with the Great Depression as a backdrop, any economy was going to look good.
and built a war machine that conquered Western Europe.
Well, his Generals did. And even they were surprised that it worked. Every time Hitler himself took an interest, it went to shit - the British Army escaped annihilation at Dunkirk because Hitler decided to take charge, and was terrified by the sheer unexpectedness of the German success into calling a halt in case of a French trap (which existed only in his mind).
His big mistake came when he decided to invade Russia.
That's for sure. But his economy demanded it - he had built an economy that depended on invading people and stealing their stuff.

By the middle of 1941, the European war was essentially over, and Germany had won. All that remained was some mopping up, and a long negotiation to bring a formal diplomatic end to the war with Britain, so their Naval blockade could be lifted. But Hitler had built an economy that couldn't afford to stop expanding, and couldn't afford to spend a couple of years negotiating peace with Churchill, who was particularly bellicose despite Britain's obvious military weakness.

Hitler also believed his own bullshit; The Germans had won by being lucky, and daring, rather than through actual military superiority, but Hitler (and, to be fair, the rest of the world) believed that they had some inherent 'greatness' against which none could stand. When you are invincible, why resile from a fight?

German communications, command, and control were better than those of France and Britain (and waaaay better than anything Stalin could dream of), but their logistics was weak, their weapons systems were mostly second rate (or unsuited to Russian conditions), and their military research varied from the non-existent, to the wildly crazy, with all the key systems neglected in favour of grandiose flashy and insubstantial 'glory projects', like the A4 (later V2) rockets.
Trump didn’t do shit his first administration, aside from a tax cut for the wealthy. He didn’t build a wall even. Lost the next election. Hitler was more competent. At least at first.
Hitler was luckier; And had a better propaganda department (operating in a far simpler and more controllable media environment); And had a less robust set of governmental checks and balances to dismantle.

Trump was, I think, very surprised and very annoyed by just how little actual power the US President has. Hitler grabbed all of the top jobs in Germany; Trump grabbed only one in the USA, and only then realised it didn't give him much power.

Changes have since been made, both to the systems (including, and then via, SCOTUS), and to his choice of personally loyal cronies (rather than ones who are Republicans and Americans, before they are Trumpians, like Mike Pence showed himself to be on Jan 6).

It's a stretch to describe Hitler as 'competent', even before the 1944 von Stauffenberg assassination attempt pushed him right over the edge into full blown paranoid insanity. Certainly he made the transition to absolute power look easy, but that's partly showmanship - taking each stroke of luck and saying "I made that happen" - and partly a product of working within an already shaky system, with few strong protections.
 
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