[ericjmorey]

Harris and Walz campaigned specifically on addressing the issues raised by this article. People didn't care if they even understood. We have someone that's implementing a kleptocracy instead.

This is not getting solved for at least a decade, probably 50+ years before another regime change occurs.

[teeray]

It does make me wonder what it will take to have a government with an appetite for trust busting again.

[theWreckluse]

It might happen when the pop media allows for it. It's very easy to belive the the Govt and all media are in symbiotic cahoots w each other.

[jldugger]

Vance was pretty anti-trust, but seemingly more against big tech?

[sanktanglia]

Vance is in bed with thiel he is explicitly allied with big tech

[Forbo]

A lot of good that's doing. Big tech was sitting front row for the inauguration.

[stogot]

Enjoy reading Teddy Roosevelt book as an inspiration

[pessimizer]

> Harris and Walz campaigned specifically on addressing the issues raised by this article.

No, they didn't. They campaigned on a vague anti-"price gouging" promise while pretending they didn't even know who Lina Khan, Johnathan Kanter and Rohit Chopra were.

Harris never made it clear if any of their jobs were safe, her advisor and brother-in-law Tony West was Uber's general counsel, and Mark Cuban, a proxy for Harris during the campaign, screamed from the rooftops how much he hated them all and how they would be gone if Harris won (until the campaign told him to stop saying that.)

The only people mentioning antitrust during the campaign were on the Republican side, all the way up to Vance at least, and they continue to engage even after winning. Democrats were campaigning on companies "doing better" and not "taking advantage" and on anything else that wouldn't be definable or enforceable.

-----

edit: it's important to mention that this is the second avian flu outbreak since covid to kill an enormous (but not as enormous as it sounds) number of birds, the previous outbreak was used as an excuse to raise the prices just as high, and egg profits skyrocketed. This happened entirely during the Biden administration. I don't know how Harris would have differed, but we have already seen the Biden response and it was to let everyone get away with whatever.

[myvoiceismypass]

> They campaigned on a vague anti-"price gouging" promise while pretending they didn't even know who Lina Khan, Johnathan Kanter and Rohit Chopra were.

It’s so absolutely wild what the litmus tests are for each party. Absolutely fucking wild.

[dartos]

> 50+ years before another regime change occurs.

A little pessimistic, no?

People thought the blue wave would never end after Obama was elected.

No way to tell what the future holds.

[undersuit]

The Democratic Party started working with disaffected GOP at the end of the election rather than their own constituents yelling for representation. They find this slide in tyranny more acceptable than fighting against it.

[throwaway173738]

What are you talking about? If the dems keep to themselves nothing will change.

[undersuit]

OK so the Dems successfully brought GOP influence into the party and beat Donald Trump in 2024.

What's that... Oh they lost in normal Democratic strongholds?

[crummy]

Did it work in 2020?

[t-3]

Anything would have worked in 2020 as long as it had a pulse and wasn't named Trump. We got Trump policies with Democrat faces - there's no need to wonder why Democrats and left-leaning independents didn't rush out to vote in '24.

[voxl]

Trump will try a dictator power grab. This isn't even questionable seeing as he already tried to do this. The only question at this point is if everyone else in power goes along with it or they scoff like they did last time.

Seeing as how there are a lot less principled people involved, and the oligarchs enjoy the idea of personal techno-fiefdoms the odds are at least non-negligible that the USA as a democracy could end.

[dartos]

Sure, but I have money on him not living to the end of his term.

I don’t think most republicans like trump, he just has a cult following.

I also don’t think that any other republican can garner that kind of following. Trump has aura in a way that no other public figure has right now.

I don’t think any regime he sets up would survive his death.

[wakawaka28]

Sir, Harris did nothing about high egg prices when she was in office. Neither did Biden. They presided over some of the highest inflation in American history. Whether it was their fault or not they didn't do a damn thing to fix it.

What is Trump doing? Promoting imports of cheaper eggs from abroad, if nothing else. He is the first politician this century to make a big deal out of balancing the budget and our imports/exports. This will not be a painless process but something has to be done.

[sanktanglia]

Biden and harris didn't do anything to stop inflation? They passed multiple bills explicitly targeting it.You do know we are handling inflation better than others specifically because Biden focused on it right?

[wakawaka28]

Lol no, the Democrats did the classic Congress custom of passing a bill that is named exactly the opposite of what it is. The Inflation Reduction Act was a massive spending bill that contributed to higher inflation. I didn't see a single thing that the previous administration did to lower inflation in a noticeable way. They did drain the strategic petroleum reserve to record lows which did approximately fuck all for gas prices, and put the country in a strategically bad spot.

[AnimalMuppet]

Some of the highest inflation in American history? Easy to see you weren't around in 1979. Try 14% inflation. This? This was very little.

[wakawaka28]

Inflation was measured different in 1979. According to shadowstats.com, real comparable CPI peaked at like 15% a year or two ago. Prices in general are up at least about 50% from 5 years ago.

[Izkata]

9.1% is not far off.

[AnimalMuppet]

When did we have 9.1%? And for how long did we have it? 14% was the peak, but we had above 10% for several years, IIRC.

[Izkata]

2022, and the rest is shifting goalposts from what OP said:

> They presided over some of the highest inflation in American history.

Their statement is completely accurate.

[generalizations]

We'll see. We're only a couple months into this 'regime' - might be interesting to try a different strategy for a little while.

H&W may have campaigned on this, but there's two things critical to good advertising: offering what people want, and offering it credibly.

[PaulDavisThe1st]

> might be interesting to try a different strategy for a little while.

Maybe interesting to you and others largely insulated from the downsides of "a different strategy". Others might not find it so "interesting" at all ...

[drivebyhooting]

What would the status quo be? Continue to escalate in Ukraine? Pile on more debt?

I can’t see how that wouldn’t lead to debasement and ultimately the collapse of the US hegemony. At least this way we will have TSMC and other local production capacity.

[PaulDavisThe1st]

The current administration is doing a very fine job ... of collapsing whatever US hegemony still exists.

The status quo would be, for example:

* continuing to honor the social safety net constructed incrementally since 1929

* honoring contracts with overseas organizations

* honoring the 200+ year old understanding that Congress controls spending, creates government departments, and establishes rules for the hiring and firing of government employees

* retaining an understanding of the complex and deeply woven role of the federal government, along with the argument known as "Chestertons fence" (don't tear down a fence till you understand why it was built)

* continuing to structure taxation based on (a) the marginal value of income (b) the concept that the impact of taxation should be roughly equal no matter what your income level is

* resist the expansion of worldwide ideologies that lead to a decrease in personal liberty and/or is accompanied by the use of military force to acquire another nation's territory (we've never been close to perfect on this, but it's nice to have an ideal in mind rather than just dropping any attempt at a morally just world).

Debt is only a problem if you subscribe to heterodox ideas about how national economies with sovereign currencies operate (or worse, imagine that national economies function like household or business economies).

[drivebyhooting]

So what I’m hearing is: * Keep all the existing obligations * Continue to run a deficit * Hope that we can finance these growing expenses through treasuries or debasement * all the while ignoring the hollowing out of American industrial base and expertise * also allowing a large portion of the population to become redundant, unproductive, and irrelevant in the world economy

[PaulDavisThe1st]

> Hope that we can finance these growing expenses through treasuries or debasement

No need for "debasement", but sure.

> all the while ignoring the hollowing out

No, we should not be doing this. But the left has been talking about this for decades and was mocked for it. The idea that billionaires and the recipients of their largesse are how we stop "ignoring the hollowing out" just seems laughable to me.

> allowing a large portion of the population to become redundant, unproductive, and irrelevant in the world economy

when the left raised these objections to global trade treaties that ignored labo mobility, they were roundly ignored and ridiculed. Again, the idea that the very class of people who wanted these changes (free movement of capital, tax-free repatriation of profit, tariff-free importation of foreign produced goods, massively reduced labor costs) are the people who will oversee the reversal of their effects just seems laughable to me.

These are absolutely things we should focused on, and it is true that the left-as-represented-by-the-Democratic party has not really done so (certainly not until Biden, and even then it was relatively weak sauce). But the idea that this administration is actually motivated by a desire to solve these problems and not simply reduce costs and taxes for the capital class ... again, it just seems laughable to me.

[absolutelastone]

Don't those heterodox ideas about debt predict these increasing prices?

[PaulDavisThe1st]

The heterodox ideas do, yes.

MMT does not.

We don't know who is correct. We do know that one POV is massively favored by those who would like to use the national debt as a reason to impose austerity policies on the US economy.