Trump’s “New Deal” of Economic Terror: Regime Uncertainty Returns with a Vengeance

The New Authoritarian Economics In just four months of his second term, Donald Trump has turned the American economy into a minefield of uncertainty. A minor GDP contraction was all it took to send markets reeling, but this is no temporary blip—it’s the hallmark of a deeper, more sinister agenda. Trump’s erratic tariffs and economic belligerence are reviving an old plague: regime uncertainty. Coined by economist Robert Higgs, “regime uncertainty” describes the paralysis that descends when business owners, investors, and entrepreneurs no longer trust that their property, plans, or futures are safe from arbitrary government interference. Trump’s America is no longer a land of opportunity—it’s a landscape of fear. FDR’s Ghost and Trump’s Playbook Let’s not romanticize the past. Franklin…