The Breakdown Trump came back into office riding high on economic discontent. Prices were through the roof, the Fed had cooked up a monetary bonanza during the COVID years, and Americans were feeling like extras in a rigged casino run by corporate lobbyists and unelected pencil-pushers. And to Trump’s credit, he said as much. That alone earned him points with the working class and the liberty-minded alike. But here’s where the rubber hits the road. O’Keeffe makes a compelling argument that Trump’s current economic direction doesn’t just mirror the bureaucratic mess he once railed against—it feeds it. The big idea? Trump, in his second act, has failed to dismantle the parasitic administrative state. His Department of Government Efficiency (DOGE) made…

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