« Fed Watch: Fed Likely To Discount Weakness in March Employment Report | Main | Links for 04-08-17 »

Friday, April 07, 2017

Paul Krugman: The Bad, the Worse and the Ugly

Donald Trump is ugly:

The Bad, the Worse and the Ugly, by Paul Krugman, NY Times: This week’s New York Times interview with Donald Trump was horrifying, yet curiously unsurprising. Yes, the world’s most powerful man is lazy, ignorant, dishonest and vindictive. But we knew that already.
In fact, the most revealing thing in the interview may be Mr. Trump’s defense of Bill O’Reilly, accused of sexual predation and abuse of power: “He’s a good person.” This, I’d argue, tells us more about both the man from Mar-a-Lago and the motivations of his base than his ramblings about infrastructure and trade.
First, however, here’s a question: How much difference has it made, really, that Donald Trump rather than a conventional Republican sits in the White House?
The Trump administration is, by all accounts, a mess. ... Yet Mr. Trump’s first great policy and political debacle — the ignominious collapse of the effort to kill Obamacare — owed almost nothing to executive dysfunction. Repeal-and-replace ... failed because Republicans have been lying about health care for eight years. ...
Similar considerations apply on other fronts. Tax reform looks like a bust ...
What about areas where Mr. Trump sometimes sounds very different from ordinary Republicans, like infrastructure? ... [G]iven what we heard in the interview ... it’s clear that the administration has no actual infrastructure plan...
True, there are some places where Mr. Trump does seem likely to have a big impact — most notably, in crippling environmental policy. But that’s what any Republican would have done...
So Trumpist governance in practice so far is turning out to be just Republican governance with (much) worse management. Which brings me back to the original question: Does the appalling character of the man on top matter?
I think it does. The substance of Trump policy may not be that distinctive in practice. But style matters, too, because it shapes the broader political climate. And what Trumpism has brought is a new sense of empowerment to the ugliest aspects of American politics. ...
One way to think about Fox News in general, and Mr. O’Reilly in particular, is that they provide a safe space for people who want an affirmation that their uglier impulses are, in fact, justified and perfectly O.K. And one way to think about the Trump White House is that it’s attempting to expand that safe space to include the nation as a whole.
And the big question about Trumpism — bigger, arguably, than the legislative agenda — is whether unapologetic ugliness is a winning political strategy.

    Posted by on Friday, April 7, 2017 at 02:43 AM in Economics, Politics | Permalink  Comments (159)


    Comments

    Feed You can follow this conversation by subscribing to the comment feed for this post.

    -->