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Media: The president led the US to the edge of the economic abyss

One hundred days of Donald Trump's second term may be the most destabilizing period in American history. The president led the US to the edge of the economic gap. The administration proceedings threatens to “reduce the rule of law to the rule of lawlessness” – this is how the media assess the beginning of this presidency.

Media: The president led the US to the edge of the economic abyss
Media: The president led the US to the edge of the economic abyss
photo: Christopher Sciacca / / Shutterstock

“I do exactly what I promised during the campaign (…). I solved more problems in the world without asking questions and not getting evidence of recognition for it,” Trump said in an interview with the weekly “Time” granted a week before the hundredth day of office. In fact, “unfortunately, the president does to a large extent what he announced” – comments the magazine.

Journalist Cathy Young, with conservative and libertarian views, on the portal Cathy Young boulevard presents a list of the most disturbing elements of Trump's policy implemented during its first 100 days:

“A colossal attack on the rule of law. Vengeance on people who opposed Trump because of the attack of his supporters on Capitol on January 6 or tried to settle it from it. Pardoning all participants of this year. Attacks for the freedom of the press. Inhuman deporting not only illegal, but also sometimes legal immigrants. Stopping and deporting of foreign students. Sabotage of America as a leader of the free world.

“Time” He points out that the President's patronist economic policy threatens large and small companies as well as labor places. Taking control of independent government agencies, interfering with the president in the affairs of investigative and intelligence bodies, ignoring court judgments, attacks on programs of diversity and inclusiveness, and finally the destruction of traditional US alliances – all this raises the first reflexes of protest in the US. According to judge Harvie Wilkinson, “America's most influential conservative lawyer”, administration proceedings threatens to “reduce the rule of law to the rule of lawlessness.”

The mission that Trump and his advisers and ministers appointed for the first 100 days was “crushing the opposition everywhere, through the dam on all fronts” – continues the weekly.

CNN He estimates that in less than 100 days Trump “alone and himself” led the US economy to the “edge of the abyss”. Weekly “Economist” He wrote that the escape of investors from the dollar, which is a consequence of the trade war, may plunge America's finances. The Nobel Prize Winner Paul Krugman warned that the collapse of American bonds in conjunction with a decrease in the exchange rate of the US currency resembles symptoms of crises in developing countries.

Portal Axios He points out that Trump in the first months of his rule has introduced more extraordinary states than any of its predecessors in the recent US history, and now he uses this tactic “aggressively and creatively” to expand his rights, diminish the role of congress and bypassing the regulations. Lawyers are afraid that the use of this method is to lead to a change in the constitutional balance of forces between the executive, legislative and judicial authorities. The president used the introduction of emergency states to impose duties on other countries, accelerate energy production, mining raw materials or militarizing federal areas at the border with Mexico.

Rachel Maddow, a popular television commentator Msnbcin its summary, 100 days Trump focused on the trips of the administration, which had to repeatedly withdraw from bad, controversial or unlawful decisions.

In January, the White House lifted the order to freeze all the funds for grants, loans and federal assistance issued only two days earlier. The scale of confusion and widespread fears about lack of access to public aid prompted the administration to the Rejterade – reminds Maddow.

A month later, the Trump administration desperately tried to hire specialists from the National Nuclear Safety Administration, when it turned out that over 300 people from an agency were released with fundamental importance for the service of American nuclear weapons.

Trump's office also withdrew from the decision to deprive children, and sometimes even babies, which went to the USA without carers, assistance of legal representation.

Elon Musk's team sent an email to all federal officials (over 2 million people), threatening to release those who did not mention the five things they did last week. The bosses of many ministries, offices and agencies such as the CIA dismissed employees from this obligation.

Musk himself admitted that he made a mistake when he ordered to cut off the funds to prevent the spread of Ebola's virus in Africa, of which the administration also had to withdraw.

Trump's administration withdrew and then restored – after a court judgment unfavorable to her – a subsidy for Radio Free Europe.

The Federal Court temporarily suspended the binding of the Trump regulation on limiting the right to acquire US citizenship of immigrants born in America, which the judge found “grossly unconstitutional”.

Trump applied duties on 180 countries and territories, including the deserted islands of Heard and McDonald, inhabited mainly by penguins. You can only get to the islands during a two -week boat journey.

“New York Times”, “Wall Street Journal” and Paul Krugman They estimate that the most chaotic was the Trump's policy so far regarding customs duties that were announced, suspended, implemented, frozen again or limited by introducing exceptions.

Krugman wrote that the volatility and unpredictability of the president's policy paralyzes American business and threatens to repeat the “Moment of Lehman Brothers”, in which the fall of this bank became the beginning of the financial crisis. “NYT” warned that “a risky play with duties may turn into financial crisis. And unlike the previous two breakdowns in the last 20 years – the global crisis of 2008 and Pandemia in 2020 – only one man would be responsible for this crisis.”

“It is possible that these 100 days of Trump sets the apogee of his power. The resistance movement (…) begins to arouse life” – forecasts “Time” (PAP)

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Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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