Posted by: Bruce Allen | June 9, 2018

Trump: Leading the U.S. to Hell

The recent moves by the president on trade and the ACA should swing the House to the Democrats in November.

First, tariffs. Trump’s nonsensical, unilateral imposition of stiff tariffs on intermediate goods–notably steel and aluminum–will raise costs, and prices, for domestic manufacturers of everything from beer to automobiles. The retaliation from our trading partners will reduce demand for exports, notably agriculture. Taken together, this means higher prices for American consumers beginning this summer and reduced prices for producers of a wide range of agricultural products, from soybeans to pork. China’s “promise” to purchase an additional $80 billion of American products in the next year is a good example of the Occidental practice of saying “yes” and meaning “no.”

Meanwhile, Trumpcare is methodically dismantling the Affordable Care Act, causing premiums to rise across the board, insurers to pull out of some markets entirely, and raising the prospect of putting millions of Americans with pre-existing conditions back in the trick bag they inhabited prior to 2010. As gleeful as his base appears to be in losing health insurance and seeing their purchasing power reduced, for other voters–we’ll refer to them here as “lucid”–these things will make life demonstrably more difficult, and will do so in time for the November midterms.

True, the economy is strong today. But Ben Bernanke, who knows a little bit about this kind of stuff, pointed out the other day that when the economy is strong, the last thing you want to do is inject a $1.5 trillion, deficit-busting stimulus, even if most of it ends up in corporate savings accounts. He predicts a stagflation scenario by 2020 in which a long-overdue recession comes along and the U.S., saddled with trillions of dollars in debt going in, lacks the ammunition to stimulate the economy, having already shot its wad in 2018-19.

Mueller will deliver a bevy of indictments well in time to influence the 2018 elections, kind of a counterweight to the expected interference by the Russians on behalf of Republicans. The effect of these criminal charges will be to turn the less-committed members of his base against him.

The old adage about how you make a small fortune–by taking a large fortune and following your instincts–applies to this dolt in the White House. The steps he is taking will put the brakes on the economy, cause unemployment to reverse its historic fall, produce inflation in consumer goods, make health insurance more expensive and unavailable for those with serious health conditions, and make the trade deficit worse.

Trump’s Hail Mary with North Korea, which Kim Jong Un is winning in a rout at present, is terribly unlikely to produce anything in the way of a reduction of the danger abounding on the Korean peninsula. Never mind the increasing likelihood that the repressive Saudi monarchy, and 25% of the world’s known oil reserves, are at risk of an Islamic revolution at the hands of the fundamentalist Wahhabi majority in that country who are itching to get back at their royal masters after generations of brutal repression.

Increasingly isolated from our historical allies, increasingly friendly with autocratic regimes who don’t give a rip about us, Trump is turning America into a fortress preparing for a siege. We can count on House Republicans to fumble away their best chance to fix DACA this summer and watch 98% of Hispanics vote Democratic in November. They will be joined by an equal percentage of those minorities that Trump has savaged for years–women, blacks, Muslims, LBGTQ folks, etc. He’ll get the votes of the remaining 70,000 U.S. coal miners, as well as the remaining employees in the steel and aluminum smelting industries. Plus the rabid, foaming-at-the-mouth mad dogs racists and troglodytes at the core of his base.

Bottom line: Even if the Republicans somehow hold on to the House (and the Senate) this fall, by 2020 conditions in this country–the economy, healthcare, the environment, ridicule and scorn from our former allies–make his re-election highly unlikely. As The Washington Post said in an editorial the other day, the end of the Trump regime cannot come too soon.

Trump dunce

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