Of covfefe and other tales: a year of the circus presidency

Trudeau goes to Washington __Uploaded external by: Corrigan, Patrick

Let’s put it this way: it could have been much wor­se than it actual­ly was. Many were won­de­ring, one year ago, whe­ther Mr. Trump could walk the walk, after having tal­ked the talk on the cam­pai­gn trail. As the chaos sur­roun­ding the man con­ti­nued to make head­li­nes, many have lost track of ascer­tai­ning whe­ther he has been wal­king the walk, poli­cy-wise. It turns out, he hasn’t, to a lar­ge extent, done that. But, when he has, he has seve­re­ly dama­ged the Ame­ri­can eco­no­my and socie­ty.

Mr. Trump remains unfit for the Offi­ce. That comes as no surprise.

But he is no more unfit today than he was one year ago.

The ego-cen­tri­cal ten­den­cies and the urgent need to mono­po­li­se everybody’s atten­tion are not new. The­se gazes, that befo­re were direc­ted to about eve­ry pla­ce in Ame­ri­ca the aspi­ring Pre­si­dent hap­pe­ned to be in, have beco­me sta­tio­na­ry: eve­ry­thing, now, in Washing­ton is of Mr.Trump, by Mr.Trump and for Mr.Trump. Eve­ry­thing that is good, at least.

All the “bad/evil” things (to use Mr.Trump’s sophisticated language), those are always somebody else’s fault.

Take the eco­no­my, for exam­ple. Yes, the eco­no­my seems to be doing just fine: the unem­ploy­ment has decrea­sed from 4.8% to 4.1%, GDP annual gro­wth equal­led past year and mar­ke­ts are up by 25%. Mr.Trump claims this is lar­ge­ly due to his and his par­ty’ poli­cy­ma­king genius. This claim has lit­tle empi­ri­cal merit. The unem­ploy­ment rate was redu­ced cut by more than half during Mr.Obama’s pre­si­den­cy, down from 10%. Mr.Obama inhe­ri­ted an eco­no­my that was hemor­rha­ging more than 800.000 jobs per year and tur­ned it into the third lon­ge­st expan­sion in US histo­ry. Moreo­ver, this reco­ve­ry came toge­ther with a lar­ge glo­bal upswing in eco­no­mic gro­wth for which both Mr.Obama and Mr.Trump have lit­tle merit. The three main Ame­ri­can inde­xes (S&P 500, Nasdaq and the Dow Jones) were down by almo­st a third in March 2009 com­pa­red to Ear­ly Sep­tem­ber 2008: they had  increa­sed by 195% when Mr.Obama left offi­ce. In other words, Mr.Trump was luc­ky to find an eco­no­my that was alrea­dy boo­ming. All he had to do was try not to make a com­ple­te mess of it (like The­re­sa May is doing with Bre­xit, for exam­ple). So far, he has accom­pli­shed that. Even thou­gh his top poli­cy advi­sor is not some Nobel-win­ner-led com­mit­tee but a highly deba­ta­ble TV pro­gram like Fox & Friends (just look at Mr.Trump’s Twit­ter account if you don’t belie­ve it).

If he has, so far, mana­ged to keep things going a lar­ge merit goes to the fact that his most outlan­dish poli­cy ideas have remai­ned con­fi­ned to the back of his mind whe­re they were (ill)conceived: the idea of slap­ping across-the-board tariffs on Chi­ne­se goods, pul­ling out of NAFTA and a tra­de deal with South Korea are nowhe­re to be found. Tha­t’s a good thing, of cour­se. The final tax cut, for as regres­si­ve as it may be (as this new­spa­per has alrea­dy discus­sed), is seve­ral times smal­ler than ori­gi­nal­ly advo­ca­ted. Impact on defi­cit and debt, then, will be less havoc-wrea­king. Of cour­se, it won’t bring any kind of bene­fit the bot­tom 80% of tax­payers but that is a dif­fe­rent mat­ter  than its short-term impact on sta­te finances.

Mr.Trump, howe­ver, pro­mi­ses more than this stea­dy-as-we-go approach to eco­no­mic poli­cy­ma­king: a 3% increa­se in annual GDP gro­wth rate. That is qui­te a bold claim, par­ti­cu­lar­ly bold becau­se it would have to be accom­pli­shed with an eco­no­my at full-employ­ment level. This implies, neces­sa­ri­ly, an enor­mous increa­se in pro­duc­ti­vi­ty. Nei­ther Mr.Trump nor Trea­su­ry Secre­ta­ry Ste­ve Mnu­chin have been kind enou­gh to del­ve into the details of how they plan to achie­ve such lof­ty targets.

What has not remai­ned in Mr.Trump’s mind it’s the pul­lout from inter­na­tio­nal affairs and the cur­bing of inter­nal regu­la­tions. The scrap­ping of the TPP, whi­le eco­no­mi­cal­ly a sav­vy move, lea­ves Asia without a strong eco­no­mic con­nec­tion to the Uni­ted Sta­tes; the wal­kout from the Paris accord on cli­ma­te lea­ves the world without its most indi­spen­sa­ble nation in its most indi­spen­sa­ble fight in its histo­ry. Gal­lup polls show how world popu­la­tion has more faith in the much-dispa­ra­ged Chi­na than in the Uni­ted Sta­tes as a world-lea­der. Talk about get­ting tired of win­ning. Net-neu­tra­li­ty has been repea­led, with far rea­ching impli­ca­tions on who is able to access what and at which speed on the inter­net, making it much less demo­cra­tic than it used to be. The Clean Power Plan put toge­ther by Mr.Obama to reach the neces­sa­ry amount of gree­n­hou­se gases cut to more or less limit cli­ma­te chan­ge has been lighthear­ted­ly thro­wn into the gar­ba­ge bin. The Inte­rior depart­ment has tor­ched the ban to drill for oil and gas on Ame­ri­can sho­res put in pla­ce by Mr.Obama. And the­se are only some of the issues that are tru­ly impac­ting the lives of the Ame­ri­can peo­ple. Think about the mul­ti­ple tra­vel bans with peo­ple loc­ked in and outsi­de air­ports in and outsi­de the Uni­ted Sta­tes in a gene­ral situa­tion of chaos whe­re nobo­dy could real­ly under­stand to whom the ban applied. Or think about the Gor­such appoint­ment to the Supre­me Court and all the jud­ges vacan­cies fil­led up by the Fede­ra­lists after two years in which the GOP bloc­ked about eve­ry sin­gle name Mr.Obama put on the table, how they are going to chan­ge laws at a local and sta­te level.

All the­se issues often don’t get the ade­qua­te press cove­ra­ge, lost as we are discus­sing the late­st con­tro­ver­sy. Mr.Trump pro­mi­sed to upend the Washing­ton world. He has suc­cee­ded in that. The focus has shif­ted more and more toward the Trump per­so­na rather Trump the Pre­si­dent. Think about all the discus­sion about the infa­mous inau­gu­ra­tion audien­ce size. Think about the Ban­non saga: from chief cam­pai­gn stra­te­gi­st to the Natio­nal Secu­ri­ty Coun­cil to its remo­val from the lat­ter to its firing to the claim that he not only “lost his job, he lost his mind”. Think about the Flynn bomb and how that was mishand­led. Think about the Comey firing. Think about the Obama’s wire­tap claims. Think about the insult to Mika Brze­zin­ski. Think about the com­mu­ni­ca­tions direc­tor revol­ving doors, with Antho­ny Sca­ra­muc­ci lasting only 10 days. Think about the feud with Secre­ta­ry of Sta­te Rex Til­ler­son, after the lat­ter alle­ged­ly cal­led Mr.Trump “a moron”. Think about the claim that he is “a very sta­ble genius”. Think about the con­ti­nuous insul­ts to Kim Jong Un, cal­ling him “fat”, “short”, a “maniac”, “lit­tle Roc­ket man” and two seconds later clai­ming that he has “a very good rela­tion­ship with Kim Jong Un” and that he is try­ing “so hard to be his friend”. Think about the gra­tui­tous insul­ts to Puer­to Rico destroyed by hur­ri­ca­nes, cal­ling Hai­ti and Afri­ca “shi­tho­le”. Not even half of the­se would make a dou­ble-term pre­si­den­cy look like a PR fai­lu­re. And this was only one year.

Think about how much cove­ra­ge the­se even­ts get com­pa­red to the poli­cy issues abo­ve discus­sed. Yes, the Trump pre­si­den­cy is dama­ging the Uni­ted Sta­tes. Yes, he is unfit for the offi­ce, one year into the job. But, not much becau­se of the gaf­fes and the words and the chaos. All that is smo­ke in the eyes. He is unfit for the offi­ce, instead, becau­se of the exe­cu­ti­ve orders he is signing, the regu­la­tions he is cut­ting, the peo­ple he is appoin­ting, the laws he is signing. For that, he should be held accoun­ta­ble. Not for the geo­gra­phi­cal­ly enlighte­ned claims that Puer­to Rico “is an island, sur­roun­ded by water, big water, ocean water”. And not for the “cov­fe­fes” either.

 

Con­di­vi­di:
Marco Canal
Aspi­ran­te eco­no­mi­sta, let­to­re, aman­te dei dibat­ti­ti intel­let­tua­li e gin&tonic, alpi­ni­sta, film il pane, viag­gio il vino e i Pink Floyd come reli­gio­ne. Pec­ca di insa­zia­bi­le curio­si­tà, bat­tu­ta faci­le, smo­da­ta ambi­zio­ne e deci­sio­ne. Alea iac­ta est.

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