QOTD -- Economically Destructive Donny

 

Catherine Rampell, Washington Post, leads off an op/ ed by observing the phenomenon of dumbass Don Snoreleone's destructive economic policies being seen by a large (albeit equally dumbass) segment of the population as being good for the economy:  

"Remind me again why Americans think Donald Trump would be so much better on inflation and the economy?

"Trump’s policy team is reportedly scheming to devalue the U.S. dollar. This might well be Trump’s most inflationary and economically destructive idea yet. That’s quite an achievement, considering everything else he and his advisers have cooked up (universal tariff hikes, deficit-financed tax cuts, huge reductions in the labor force, etc.)..."

She later concludes with a reasonable explanation for Donny Nappleseed's destructive plans:

"We might also weaken our ability to impose sanctions upon countries, businesses or individuals whose actions we disapprove of, since dollars are used so often in international transactions and we have some ability to restrict those transactions.

"Then again, maybe we should give Trump some credit. Reducing our global influence, and specifically our ability to punish certain global villains, might be exactly what we he wants."

Sounds about right.