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Notes -
I think it’s pretty stupid to impose protectionary tariffs by executive order without a broad bipartisan consensus. Nobody is going to invest in building a brand new steel mill or whatever if the most-likely outcome is being made obsolete in four years.
This is a great observation. Many of Trump’s goals are dubious because companies cannot handle the policy whiplash between administrations (see: Keystone Pipeline), and ideological opponents will attempt to weather the hostility for 4 shorts years.
Why gut your DEI department when in 4 years we’ll have Mr. Turbo DEI in office, and it’ll be illegal not to have one? Better to rename it for now and keep your head down.
Same for oil and gas companies. No way they build new refineries or whatever when we’ll soon have another Biden who wakes up and decides that gas stoves should he outlawed.
I would say we'll only have Turbo DEI if anti-DEI has proven to be unsuccessful for 4 years. Same for oil and gas - if Trump's next 4 years are largely successful then what's the probability of a President Vance instead of president... probably Cortez with the way the Democrats are heading.
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