China (and Japan) can bankrupt the U.S. Government in short order by dumping the U.S. treasury bonds they own. These bonds help fund deficit government spending.
I’m convinced Donald Trump is a modern-day mad king. (Mad King” typically refers to a ruler, like King George III of England or King Aerys II Targaryen from A Song of Ice and Fire, who is known for periods of mental instability or erratic and often cruel behavior.)
Trump wants to show the world how mighty he is by having a massive military parade in Washington, D.C. on his birthday. Historically, it is authoritarian world leaders who hold military parades — Russia and North Korea come to mind.
Most Republican legislators aren’t interested in cutting the federal budget deficit. Trump raised the deficit during his first term, and he’s on course to raise it to record levels this term.
I am double-minded when it comes to the federal budget deficit. A balanced budget seems like a good idea, but in practice, it leads to pain and suffering for middle-class, working-class, and poor people. Millions of families live from paycheck to paycheck. Budget cuts necessary to balance the budget will bankrupt scores of Americans (and impossible if Congress is unwilling to make massive cuts to defense and security funding).
Ohio’s Republican legislators and Governor Mike DeWine have made it clear that they are anti-public education. Billions of dollars meant for public school budgets were cut from the latest two year budget, with some of this money going to pay for students to attend primarily religious schools.
Get ready for a marked uptick in farm bankruptcies. Trump’s tariffs, especially on China, will cause horrific harm to American families. In 2018, Trump’s tariffs harmed American farms. The President saved his ass by giving farmers billions in welfare payments. Most farmers vote Republican. I wonder if they are tired of all the “winning.”
Trump signed an executive order designed to bring back “beautiful” coal mining. The President couldn’t care less about the environment. He has rolled back countless environmental laws. His goal is to return the United States to the good old days of the 1950s (or the late 1920s) of rampant air, water, and land pollution.)
Trump sees himself as the greatest president ever. The President thinks his face should be carved on Mount Rushmore. History will show that he is one of the worst presidents, right down there with Herbert Hoover.
Chris Hayes said of Trump today, “You set the house on fire, watched it burn, and then lost your nerve and put it out. You now have a partially burned house. Great job.” Yep.
Bonus — It is clear the Trump and his administration don’t give a shit about working class/poor people. From cutting food stamps and Section 8 funding to the Home Energy Assistance Program (HEAP), the message is clear: if you aren’t rich, you don’t matter.
Bruce Gerencser, 68, lives in rural Northwest Ohio with his wife of 47 years. He and his wife have six grown children and sixteen grandchildren. Bruce pastored Evangelical churches for twenty-five years in Ohio, Texas, and Michigan. Bruce left the ministry in 2005, and in 2008 he left Christianity. Bruce is now a humanist and an atheist.
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