The plan combines three main elements. Interest rates are kept low. Tariffs are imposed broadly. Tax cuts are concentrated at the top. These policies interact in predictable ways. They ease federal debt service, raise the price of traded goods, and shift after-tax gains toward higher-income households. Each element reinforces the others. The result is a coherent economic strategy, but one with clear distributional costs.

Robotaxis arise from a clear industrial logic. Ride-hailing firms depend on labor, and labor is costly. Automation removes that cost. The driver is the largest recurring expense in each trip. To strip it out is to move closer to profit. For technology suppliers, fleets of robotaxis offer more than revenue.

Advanced artificial intelligence forces a clear institutional choice. For two centuries, wages tied survival to employment and made the job the main gateway into the economy and society. That relation is weakening.

By most measures, the world economy has held up under strain. Global trade as a share of GDP is stable, shipping volumes remain high, and production networks continue to stretch across regions. This outward steadiness gives the impression of continuity. Yet beneath the surface, the shape of flows is changing.

For more than seven decades, the U.S. dollar has sat at the center of the international financial system. Its depth, liquidity, and the credibility of U.S. institutions made it the default reserve currency and the medium through which much of global trade was conducted.

The endurance of institutions rests on their ability to maintain independence from immediate political demand. They serve not only as mechanisms of policy but also as structures of continuity that span shifting administrations. Independence grants them credibility; credibility sustains trust; and trust enables stability in both national and international domains.

The advanced economies have lived for decades under an implicit bargain: crises could be met with public borrowing, and the debt incurred could be absorbed without destabilizing the larger system.

The stability of everyday life is often presented as the product of individual responsibility and personal management. Bills are paid, work is attended to, and obligations are met; security is framed as the natural outcome of diligence.

Capitalism defines fairness narrowly, equating it with uniform rule application, treating procedural equality as the primary measure of justice regardless of history or circumstance.