Est. 2025 · A Documentation Project
The Folly Foundation
Dedicated to the Study and Preservation of Consequential Miscalculation
The Folly Foundation was established on a straightforward premise: consequential decisions deserve a permanent record. Not an evaluation. Not a verdict. A record.
We document what happened. Where the outcome is known, we document that too. Where it is not yet known, we note that the outcome is pending. We do not speculate about outcomes. We wait for them and then document them.
We have no opinion about the decisions in our Archive. We have documented them because they meet our threshold of Historical Significance. What that threshold is, and how it is applied, is described in our Methodology. We recommend reading it before contacting us to dispute an entry.
Recent Archive Entries
April 2025 · Economic Policy
● OngoingGlobal Tariff Escalation — "Liberation Day"
On April 2, 2025, the United States announced sweeping reciprocal tariffs on imports from most trading partners, including a 10% baseline tariff on all countries and significantly higher rates on specific nations. Markets responded with one of the largest two-day declines since 2020. The administration described the policy as a correction of longstanding trade imbalances. Trading partners announced retaliatory measures. The full economic impact is not yet determined. Historical Significance: 9/10.
View Tariff Index →February 2025 · Foreign Relations
● OngoingNATO Commitment Statements
Senior administration officials made repeated statements suggesting that the United States might not defend NATO allies who did not meet defense spending targets. These statements, the first of their kind from a sitting administration, prompted formal reassurance requests from multiple alliance members and accelerated European defense spending discussions. The long-term structural impact on the alliance is not yet determined. Historical Significance: 8/10.
View full archive →January–March 2025 · Personnel
● OngoingFederal Workforce Restructuring
Between January and March 2025, approximately 200,000 federal employees received termination notices or took resignation offers under a program administered by a newly formed Department of Government Efficiency. Multiple federal courts issued injunctions against aspects of the program. The legal proceedings are ongoing. The operational impact on affected agencies is being documented. Historical Significance: 8/10.
View full archive →A Note on Our Approach
The Foundation is not a partisan organization. We document decisions that meet our Historical Significance threshold regardless of who made them or which political tradition they emerge from. Our current archive focuses on a specific administration because that administration has, during our operational period, produced a substantial volume of entries meeting our threshold.
We do not evaluate whether the decisions were correct. We document what the decisions were, what the stated rationale was, and what happened as a result. Readers may draw their own conclusions. We do not draw conclusions. We document.
"The documentation speaks." — Foundation operating principle, Article I.
Current Documentation Context
Recent coverage from independent journalists documenting the period. Sourced from Public Notice (Aaron Rupar) and ProPublica. Updated on each page load.