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Paul Krugman’s recent column highlights the looming threat of unchecked crony capitalism under a second Trump administration. This includes blatant conflicts of interest, such as Elon Musk and Vivek Ramaswamy’s involvement in regulatory cuts benefiting their own companies, and allegations of shakedowns by Trump aides for political appointments. Further exacerbating the situation, Trump’s proposed tariffs and disregard for established trade deals will likely lead to a surge in backroom deals and corruption. The weakening of regulatory bodies and the judiciary’s potential grant of immunity to Trump will only further enable this self-serving behavior, pushing the nation toward a perilous and dysfunctional future.
John Q. Hosedrinker