On 20 May, Tsai Ing-wen officially began her second term as Taiwan’s president. Against the backdrop of the world capitalist system rapidly descending into a historic crisis, Tsai’s inauguration speech betrays her and the Democratic Progressive Party (DPP) government’s intention to maintain the status quo for Taiwan as per usual. Yet, in the context of the unabating pandemic, the collapsing global economy, and the class struggles that inevitably will follow, the Tsai government, with its “progressive” image, could only pursue the course of attacking the workers to protect the status quo for the capitalists. The workers and youth of Taiwan must be prepared for these attacks ahead.