64 days until Sturgis!
64 days until Sturgis!
This country is becoming unhinged and ungovernable. The Wall Street Journal quoted an anonymous lobbyist as saying, “I now am ready to believe that the partisanship is so unhinged that it’s a threat to the Republic.” We have Maxine Waters being Maxine Waters but the difference now is that her unhinged rants are reported on page one as serious position taking rather than being ignored by the media entirely as it was for the eight years of Obama. We have a Leftist ‘Resistance’ movement that, rather than calling for revolution, is focused on making sure legislation and policy remains in place that assures public dollars keep flowing to Wall Street banks and insurance companies and what ever corporation will make a sufficient donation to their cause – and the Leftist will riot and burn the town down if the banks and corporations do not get their money!
That is some radical thought for you there.
On the flip side you have Donald Trump who may say or do something very good and promptly follow it up with a Tweet worthy of an ill-behaved 6th grader.
In the midst of all of this – nothing much is actually getting done. No Obamacare repeal. No tax reform. No immigration reform. No regulatory reform. No monetary reform. No returning to Federalism. No one is addressing the debt. Nothing much of significance that will have lasting effect is occurring. No problems are being solved. It is inevitable that sooner or later a crisis will occur – is the government capable of reacting to a crisis with anything other than unhinged partisanship? One must be doubtful.
The world is changing significantly and Trump is not the cause of that change – as much as the Democrats would like to scapegoat him – but Trump was the American voters response to that change. Democrats are trying very hard to prevent Trump addressing these changes while blaming Trump for any changes they fail to stop. It is a pretty simple political formula the Democrats are following – but it is making the country ungovernable. By the way, the GOP is no great shakes either.
The real threat to this changing world is that the global economies are a house of cards and no one quite understands what changes may topple the cards. Democrats are scared to death of the house of cards toppling because the welfare state is likely to topple with it. Republicans are often quite naive in that they typically assume it is still 1982 and just tweak this and change that and it will all be wonderful. Many rank-and-file GOP folks seem oblivious to the neo-Keynesian debt monster snoozing underneath of the bed. Just this tweak and that change will not fix the debt monster problem and that even the mild tweaks and changes proposed for healthcare and taxes now seem impossible to pass would indicate that dealing with the truly hard problems is off the table entirely.
Sooner or later we will be defined by those hard problems and no longer by ideology or personality or partisanship. Some smart people believe at that point that the United States will break apart. Some other smart people believe we will enter into a long period of lethargy, decline and impotency. I do not know if any of those are true – the United States has plenty of energy, food, water, infrastructure, and smart people.
What the United States no longer has is the appetite to solve hard problems. By all appearances we no longer have the desire to even confess the problems exist – let alone attempt to solve them.
Donald Trump does not and will not have to deal with *just* the problems that most presidents have to deal with. Eventually the problems he will have to deal with are going to be much more difficult than his recent predecessors. Trump will have to deal with all that Bush and Obama had to deal with plus the consequence of Obama having chosen, in the wake of the 2008 financial crisis, to simply create larger financial bubbles than those that burst. So far the Trump strategy has been to continue the bubbles. It is unclear how much longer that option will remain on the table. It could be days or it could be years – but the day will come when that option is no longer viable.
That is when the rubber will hit the road for all of us.
We will all have to wait and see if the country can rally to solve an impossible problem one more time – or not.
Other Side Quote of the Day: “There are no bad ideas, just a lack of will to execute them.” – Charlie Sheen
Quote of the Day: “From the fact that people are very different it follows that, if we treat them equally, the result must be inequality in their actual position, and that the only way to place them in an equal position would be to treat them differently. Equality before the law and material equality are therefore not only different but are in conflict with each other; and we can achieve either one or the other, but not both at the same time.” – Friedrich August von Hayek
Just to clear a few things up: