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TRUMP’S BILLIONAIRES WILL ACCELERATE AMERICAN DECLINE.

DR. RICHARD WOLFF EXPLAINS HOW.

“The road we are on [as] a declining empire, becoming more and more unequal… you don’t need rocket science to understand that’s not sustainable. That situation is going to blow up, and it’s not going to be pretty.” JANUARY 28, 2025

TOPSHOT – Tesla and SpaceX CEO Elon Musk gestures as he speaks during the inaugural parade inside Capitol One Arena, in Washington, DC, on January 20, 2025. Photo by ANGELA WEISS/AFP via Getty Images

There’s an old scene that comes to my mind to explain this. It’s in the cowboy movies we all saw when we were younger. It’s when the sheriff can’t prevent the bad guys from riding into town and robbing the bank. And there he looks. The useless sheriff didn’t stop it. So he says, with great bravado, round up the usual suspects. He wants to look like he’s tough because that’s better than looking like the failure he was.

**Stephen Janis: **That’s a really good point.

**Dr. Richard Wolff: **[Crosstalk] Trump has been the president before. Let me assure you, during his time as president, inequality in the United States, by all its measures, got worse. Now I don’t want to be unfair — They got worse under Biden too, and they got worse under Obama too, so he is not outstanding. But did he stop it? Not at all.

The tax cut that he gave in December of 2017, the first year of his office, was the worst blow to equality we could have had — Made the government bankrupt because it didn’t have all the revenue that corporations and the rich no longer had to pay. So the government had to borrow, growing the deficit. And who did it borrow from? The corporations and the rich. The money they didn’t have to pay in taxes, they turned around and lent to the government instead, which means we the people are on the hook to repay all that money plus interest because our leader, Mr. Trump, gave them that tax cut. Instead of being shamed, he goes around celebrating it. And we live in a country — And this scares me, this is what’s scares me —
https://therealnews.com/trumps-billionaires-will-accelerate-american-decline

Society will collapse by 2040 due to catastrophic food shortages, says Foreign Office-funded study

A scientific model supported by the [UK's] Foreign Office has suggested that society will collapse in less than three decades due to catastrophic food shortages if policies do not change.

The model, developed by a team at Anglia Ruskin University’s Global Sustainability Institute, does not account for society reacting to escalating crises by changing global behaviour and policies.

However the model does show that our current way of life appears to be unsustainable and could have dramatic worldwide consequences.

Dr Aled Jones, the Director of the Global Sustainability Institute, told Insurge Intelligence: “We ran the model forward to the year 2040, along a business-as-usual trajectory based on ‘do-nothing’ trends — that is, without any feedback loops that would change the underlying trend.

“The results show that based on plausible climate trends, and a total failure to change course, the global food supply system would face catastrophic losses, and an unprecedented epidemic of food riots.

“In this scenario, global society essentially collapses as food production falls permanently short of consumption.”

The model follows a report from Lloyds of London which has evaluated the extent of the impact of a shock scenario on crop production, and has concluded that the “global food system is under chronic pressure.”

The report said: “The global food system is under chronic pressure to meet an ever-rising demand, and its vulnerability to acute disruptions is compounded by factors such as climate change, water stress, ongoing globalisation and heightening political instability. More