It is being reported that Donald Trump’s decision to
impose tariffs on foreign steel and aluminum imports was the result of another
instance of his mental and emotional instability, becoming “angry” and
“unglued” after another round of bad news, such as his model/security blanket
Hope Hicks leaving him after admitting to a Congressional committee that she
had told “white lies” on his behalf, and having admitted that felt an early
exit was in her best interest. “Gunning for a fight,” Trump decided that
starting a trade war that will be “easy to win” would upset a lot of people
right now. He likes “conflict,” but most observers are calling it “chaos.”
Trump didn’t vet this decision for common sense; he just wants to get “even”
like any petulant schoolyard bully. Meanwhile, Jeff Sessions is in California
doing the same, performing his racist madman act before a local law enforcement
convention.
To add to this insanity, many economists are
predicting a recession next year, and Trump’s tax cuts and proposed tariffs
will likely make it more likely to happen. I would agree that it would be
“nice” if this country was “self-sufficient” and made everything it needs for
its own consumers, but this has never been the reality; trade is as old as
human civilization. If prices on steel and aluminum go up for everyday
products, low-income people (which basically encompasses all household incomes
below the median) will likely purchase fewer such products. If other countries
decide to “retaliate,” the end result might be limited to particularly targeted
industries in which there will inevitably be job losses—or the disruption could
spread like a virus across the global economic spectrum. Whatever the result
is, it won’t be “good” for a lot of people.
Other issues to consider: It certainly isn’t a “bad”
thing for wages to go up, but economists worry that paying for those wage
increases (we have already been “paying” for the enormous incomes of the top
one percent) depends on greater spending both here and in trade, and every time
Trump tweets some nonsense things just seem to become less certain. Without
that easing of the pressure on companies’ bottom lines, inflation, cutting back
on inventory and subsequent job cuts are sure to follow.
And then what? The tax cuts for businesses should have
been accompanied by slight increases in income taxes on the top one percent.
What are businesses using their tax cuts for? Most are not investing in their
companies or workers, but giving it away to shareholders and to greedy
executives (meaning to themselves). Not only that, because of the decrease in
revenue, this country will face the largest budget deficits by percentage of
GDP since World War II—and this is supposed to be “peacetime,” although you’d
hardly tell by all the hate and division that Trump has deliberately inflamed for the benefit of his racist base. And when
that recession comes, what do you think Trump and Paul Ryan will do? They will
follow the Herbert Hoover model of contempt for working people, and watch in
immoral glee as millions are forced to fend for themselves and their families (but
will Ryan’s family “fortune,” dependent on federal contracts, feel the “pain”
too?). Trump and most Republicans wants
to gut social safety net programs to “pay” for their mistakes, and Ryan wants to gut Medicare and Medicaid so that
“unfit” to live people will die-off quicker. What do you think of that?
Unfortunately, Trump loves his new “reality” show so
much that he is already campaigning for 2020. He’s even sending out “feelers”
to judge the electorate’s mood on certain subjects, via a survey that is
unsubtle to say the least. Do you feel safer from terrorists attacks under
President Trump’s leadership? (No) Are you optimistic about the new direction
of our economy? (No) Have you seen your economic life improve from the Tax Cuts
and Jobs Act? (No) Should merit-based legal immigration be increased if
unemployment continues to drop? (What does merit-based mean? There is “merit”
in agricultural and construction labor. Why is there more “merit” in taking
away high-paying technical jobs from Americans just because businesses don’t
want to pay them?) Has excessive government regulations, rules, and red tape
burdened you personally (No) Do you believe that that many universities
indoctrinate rather than teach students (No) Do you trust the media? (Yes—or no
if you are talking about Fox News) Do you find the news to be generally too
negative/hateful? (No) Do you think our country is too divided? (Yes—and
Trump’s too blame) Is Russia a concern to you? (Yes) Has illegal immigration
had a negative impact on your community? (No) And there a few more, some which
attempt to gauge support for Trump personally” Do you feel you cannot publicly
admit you support Trump? (No).
This survey (and an almost identical one issued by a
GOP website) is apparently attempting to gauge support for potential campaign
strategies later this year and in 2020. It is obvious that Trump and the
Republicans want to mine the usual provincial tropes they have been using for
decades to mobilize the “troops” on their far-right, because if they are not
sufficiently motivated, they might just stay home this time. Trump and the
Republicans don’t believe that despite all the bad names that Trump has given the
politics of xenophobia, nativism, white nationalism and fascist “America First”
policies that have done nothing but ruin this country’s power and standing in
the world, they will continue to stay this course until they are burned by it.
Will that happen this mid-term? We can hope that at
the least the Senate will be regained by the Democrats, but that won’t stop
Trump from. Steve Bannon claimed that in his opinion Trump had only a 30
percent chance of remaining in office until 2020, but having gotten
“comfortable” in the Oval Office, and perhaps somehow realizing that his image
has gone from merely media buffoon to a bull in a china shop, he’s afraid that
history will be unkind to him if he doesn’t have more “time,” and being
reelected as president will at least give him the false fig leaf of
“credibility.”
We can’t afford to allow Trump four more years to doom
this country here and abroad for decades to come, maybe for all time. This
“reality” show doesn’t merit a return season; based on its “merits” this show
should have been cancelled even before it first aired.
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