Saturday, July 21, 2018

90% Of People Are Crazy

It was reported today that 90% of Republicans think Trump is special. Registered voters in the Republican party are not by any means a majority of United States voters but the very idea that 90% of that group still thinks Trump is the bee's knees astounds me. Don't they care that he cozied up to Putin? Don't they care that he continues to attack our freedom of the press by labeling the press as the enemy of the people, echoing Stalin when he does so? Don't they care that he didn't even consult with his NSC chief when he invited Putin to Washington? Who the hell do they think is supposed to keep the United States safe?

Does anyone remember the confusion after 9/11? Who was supposed to be reporting to what and which services were supposed to talk to each other and which weren't? Dan Coats didn't even know that Trump had invited Putin to Washington and if you think Trump is better at national intelligence than Dan Coats you really need to see a doctor.

The economy is heating up so the Federal Reserve raised interest rates. So what does Trump do? He excoriates Powell because he thinks that Powell's move advantages China. Never mind that the Federal Reserve is supposed to be above politics (that's kind of the point of having a Federal Reserve). Trump just cannot let anyone else control any other part of anything. The last man in the WH who did that was Carter and that didn't end well for anyone's pocketbook. Inflation is already hitting US pocketbooks. Do you think Trump cares?

He always brags that he went to Wharton. There are two Whartons at Penn--one is the undergraduate degree program and the other is the Graduate School of Business. Trump did two years at the undergraduate level (because he couldn't get in to Penn after high school), but that was only for the undergraduate degree. Given that Penn undergraduate degree is still a liberal arts degree, his two years there weren't focused on the deeper parts of economics or theory or even anything that could equip him to understand what Jerome Powell understands.   Don't count on Trump understanding economics, or history, or even geography. Does he know where Montenegro is?

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