His presence at this year's Davos summit is big news, given that he's the first US president to attend since Clinton. His speech was a fairly disciplined, coherent and comprehensive statement of how he sees the US engaging the world stage on his watch. It was decisively America First, but he tempered the rough edges of that concept by saying that the US was open for business and that foreign firms would find it a great environment for placing operations.
He had to indulge in some bragging as he conveyed this, as is his wont. He also had to indulge his signature touchiness regarding the news media.
He stuck by his resolve to pull out of the climate nonsense - a definite plus in LITD's estimation.
The portion devoted to North Korea and Iran was terse but resolute. The goal on the Korean peninsula remains complete denuclearization.
Melania's absence was conspicuous, and the timing of her bow-out been duly noted in myriad media outlets. Still, with no substantiation, it's risky to flatly declare that it's a response to the Stormy Daniels revelation.
Before he left, the Very Stable Genius ruffled the feathers of a significant portion of his base with this move:
President Donald Trump is proposing giving 1.8 million young undocumented immigrants a pathway to citizenship in exchange for $25 billion for his long-promised wall and a host of other strict immigration reforms, according to a White House framework proposed Thursday.
In what the White House framed as a "dramatic concession" and "compromise," Trump would accept a path to citizenship not just for the roughly 700,000 undocumented immigrants were covered by the Deferred Action for Childhood Arrivals program when it was ended. But the proposal would also cover those undocumented immigrants who meet the DACA criteria but did not sign up and even more who would be newly eligible under the proposal's timeframe requirements -- giving legal status and a pathway to citizenship to about 1.8 million people.The fact that his proposal also includes measures to end chain migration, as well as measures to enforce current laws, isn't doing a great deal to ameliorate his base. Some are just plain outraged, and some are trying to see a bright side, noting that DACA people wouldn't get citizenship, hence the ability to vote, for ten years, and that an influx of new voters is all Democrats care about. Some evangelicals are pleased with it.
The LITD take is that polling data shows the American public to be capable of some nuance on the subject of immigration. They want to see both the legal and illegal kind slowed down as the nations gets its demographic and economic bearings, but they also don't want to abruptly rip people who have only known life in America from their circumstances. A path to citizenship for actual DACA people and no other kind of illegal aliens is humane and doable. So is enforcement of eVerify. The wall? Way down the scale in terms of importance.
DJT did have some noteworthy facts on his side when he did his bragging. The economic buoyancy resulting from the tax-reform bill is extending beyond bonuses and raises. There's a new upsurge in capital-equipment acquisition at a lot of companies.
But this business about tariffs on washing machines and solar panels is a glaring minus. Tariffs distort the market price of any good or service, open the possibility of trade war, and wind up raising the prices of the goods in question. This is what I mean by inconsistent.
Then there's the revelation that he considered firing Mueller in June of last year, and was talked out of it by White House counsel Don McGahn and some others. DJT cited some conflicts of interest on Mueller's part, but was convinced that the resulting firestorm would be counterproductive in the extreme.
The person of Donald Trump points up something conservatives have to reiterate often in this age of tribalism and gotcha: It is possible to acknowledge two or more things as fact that might not appear at first glance to be congruous.
Donald Trump is in many ways a loathsome human being. He has no ideological rudder, he lacks a filter between his brain and mouth, he's not much of a reader, he's thin-skinned and narcissistic, and he doesn't seem too repentant about his sybaritic past. On the other hand, America is dealing with the rest of the world from a position of strength it hasn't enjoyed in over a decade.
In fact, those two facets of who he is impact each other. I'm quite sure the good policy-level moves come from his asking those in his inner circle, when he's deliberating how to proceed on some issue, if a particular choice will make him look like a winner. The key, then, is for the kind of people so advising him to be of the bent that will steer him toward actually winning courses of action.
As is often the case, you have packed a great deal of Wrong into such a small space.
ReplyDeleteFor example, on climate change America's persimmon-hued prez (and other regressive extremists like LITD) stands very much alone in the world with this loud and looney anti-science insistence that the world is now and always will be flat.
Indeed, such retreats from leadership roles in climate, trade, nuclear proliferation and, hell, add freedom itself to the list, is why to suggest turning the USA into Fair Oaks Mall is "dealing with the rest of the world from a position of strength" turns out to be morbidly hilarious.
America doesn't need to lead on climate other than to say to the other nations of the world, "Drop that nonsense and get yourself some economic growth by using lots of fossil fuels."
ReplyDeleteOn trade, I'd refer you to this account of a dinner DJT held while in Switzerland:
http://dailycaller.com/2018/01/25/european-ceos-trump/?utm_content=buffer9810a&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer
President Donald J. Trump hosted a dinner with European business leaders and CEOs at the World Economic Forum in Davos, Switzerland Thursday evening. Trump has been making the rounds in Davos, holding bilateral meetings with other world leaders and conducting business roundtables. Trump met with various business leaders in shadow of the recent economic boom in America.
In a stunning moment, one by one, European titans of industry from companies like Adidas, Siemens and Bayer went around the table to thank Trump for the passage of tax cuts and the easing of corporate tax burdens. Almost every CEO had a new US-based investment or strategic business to announce.
The president of Seimens, Joe Kaeser, said, “since you have been so successful in tax reform we have decided to develop the next generation gas turbines in the United States.”
Trump responded “That’s great!”
Exchanges like this continued all around the table. Those in attendance, according to the White House press pool:
Kasper Rorsted, Adidas (Apparel)—Germany
Joe Kaeser, Siemens AG (Tech)—Germany
Heinrich Hiesinger, Thyssenkrupp AG (Industrials)—Germany
Eldar Saetre, Statoil ASA (Energy)—Norway
Mark Schneider, Nestle SA (Food and Beverage)—Switzerland
Vas Narasimhan, Novartis AG (Pharmaceutical)—Switzerland
Mark Tucker, HSBC (Financial Services)—UK
Patrick Pouyanne, Total SA (Energy)—France
Carols Brito, Anheuser-Busch InBev NV (Food and Beverage)—Netherlands
Rajeev Suri, Nokia Corporation (Technology)—Finland
Punit Renjen, Deloitte (Consulting)—UK
Martian Lundstedt, AB Volvo (Auto)—Sweden
Werner Baumann, Bayer AG (Pharmaceutical)—Germany
Bill McDermott, SAP SE (Technology)—Germany
Ulrich Spiesshofer, ABB Ltd (Manufacturing)—Switzerland
With regard to nuclear proliferation, the US under this administration has made it known that the JCPOA signed by the preview administration is a horrible deal that the US will abandon as soon as it can, and has served notice to North Korea that nothing short of a denuclearized peninsula is acceptable.
Freedom itself? I grant you freedom is receding in various places, but in what way is the US culpable?
Ask the laid-off Carrier workers how cheap talk is when it is aimed at appeasing Trump in the moment.
ReplyDeleteAs for the JCPOA, the "J" stands for "Joint" and when all the other partners -- particularly Iran, whose compliance has been well documented by the most rigorous on-site inspection regime in history -- see the USA as the LONE party to threaten to renege on the deal, it makes us look as reliable as the Trump Properties Accounts Payable Dept.
Various top Iranian figures, including Ayatollah Khameini and the head of the Revolutionary Guard, promptly came out right after the signing and said the US was still Iran’s supreme enemy. The day of the Most Equal Conrade’s State of the Union address the following year, the Iranian navy seized 2 US Navy boat crews, photographed them on their knees with their hands behind their heads and laterbragged about seizing their cell phones and laptops. More Iranian missile tests have continued throughout. For that matter, Secretary Global-Test put up with years of humiliation from foreign minister Zarif while this deal was being hammered out. Iran under this regime is our mortal enemy.
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ReplyDeleteAny fool can jump start employment with military spending. Cuts will come this year to other spending. They have to.
ReplyDeleteHappy Days are Here Again! And there is no more creative accounting and wild unbridled speculation going on in the marketplace right now, right?
ReplyDeleteI wish World Con, Enron et al had never happened so I'd have a better attitude.
ReplyDeleteMilitary spending is not the significant factor driving this boom. It's all businesses, big and small, getting to keep more of their money - in other words, the just-passed tax reform package.
ReplyDeleteAnd it's time to not let World Con, Enron et al take up space in your head anymore. They illustrate exactly nothing about how free-market economics works.
How bout derivatives and credit default swaps?
ReplyDeleteExperience is showing us that it is unwise to buy or sell those. They put people in a very vulnerable position.
ReplyDeleteIt’s not a valid leap to make from “specific financial instruments have been shown to be risky” to “people in general should not be free to buy and sell stuff as they see fit.”
ReplyDeleteJust been burned a few times so forgive me if I'm not all bullish and elated at the latest corporate largess
ReplyDeleteSo at the end of the day we have this thrice married born rich New York City bully of a boor who's manipulated the financial system all his life for his personal enrichment showing us all the way to the promised land (America the Great Again). It just kinda stinks.
ReplyDeleteSee the line in the post that says, " It is possible to acknowledge two or more things as fact that might not appear at first glance to be congruous." Trump is all the things you say he is, and that this post says he is, and it is also true that on his watch, we've had much-needed deregulation and tax reform, and it is already having excellent tangible results.
ReplyDeleteThe man is the message that speaks louder and I simply don't trust it.
ReplyDeleteI'm not gonna gush over him like the pro lifers with blinders. This man is horrible for this country. This rich bully boor who is nothing to emulate. And nothing to follow.
ReplyDeleteYou don't have to gush over him to acknowledge the economic turnaround. Make sure your feelings are not hobbling your ability to see what is actually happening.
ReplyDeleteGoogle the WSJ article: new tax incentives put more robots on the factory floor. One more reason for pessimism under this jerk you say is our savior even though you don't like him.
ReplyDeleteAre the companies you're speaking of supposed to forego automation that increases productivity - and thereby maximizes shareholder returns - for some kind of vague notion of job preservation or whatever?
ReplyDeleteNot at all and that's why I'm not hootin and hollerin over this great "Republican" economy.
ReplyDeleteI've watched the Republicans through the corporate types wreck Main Street America over the past 37 year in the name of increasing shareholder value.
ReplyDeleteMaximize away and we shall check back another day. And if you believe the stock market is going to lead us all to more prosperity and happiness well, BELIEVE.
ReplyDeleteHave a real fine Republican time balancing the budget and decreasing the deficit this year because you'll likely be going it alone again without a shred of Democratic support.
ReplyDeleteYep. The Freedom-Haters have no interest in paring back government to its original scope.
ReplyDeleteNot really, because many steps have been trodden since.
ReplyDeleteAnd that’s a bad thing.
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