« Fed Watch: Does 25bp Make A Difference? | Main | Links for 09-01-15 »

Monday, August 31, 2015

Paul Krugman: A Heckuva Job

"Those predicting Mr. Trump’s imminent political demise are ignoring the lessons of recent history":

A Heckuva Job, by Paul Krugman, Commentary, NY Times: ...Katrina was special in political terms because it revealed such a huge gap between image and reality. Ever since 9/11, former President George W. Bush had been posing as a strong, effective leader keeping America safe. He wasn’t. But as long as he was talking tough about terrorists, it was hard for the public to see what a lousy job he was doing. It took a domestic disaster, which made his administration’s cronyism and incompetence obvious to anyone with a TV set, to burst his bubble.
What we should have learned from Katrina, in other words, was that political poseurs with nothing much to offer besides bluster can nonetheless fool many people into believing that they’re strong leaders. And that’s a lesson we’re learning all over again as the 2016 presidential race unfolds.
You probably think I’m talking about Donald Trump, and I am. But he’s not the only one.
Consider, if you will, the case of Chris Christie. Not that long ago he was regarded as a strong contender for the presidency... Now Mr. Christie looks pathetic — did you hear the one about his plan to track immigrants as if they were FedEx packages? But he hasn’t changed, he’s just come into focus.
Or consider Jeb Bush... What happened to Jeb the smart, effective leader? He never existed.
And there’s more. Remember when Scott Walker was the man to watch? Remember when Bobby Jindal was brilliant?
I know, now I’m supposed to be evenhanded, and point out equivalent figures on the Democratic side. But there really aren’t any; in modern America, cults of personality built around undeserving politicians seem to be a Republican thing. ...
Which brings us back to Mr. Trump.
Both the Republican establishment and the punditocracy have been shocked by Mr. Trump’s continuing appeal to the party’s base. He’s a ludicrous figure, they complain. His policy proposals, such as they are, are unworkable, and anyway, don’t people realize the difference between actual leadership and being a star on reality TV?
But ... those predicting Mr. Trump’s imminent political demise are ignoring the lessons of recent history, which tell us that poseurs with a knack for public relations can con the public for a very long time. Someday The Donald will have his Katrina moment, when voters see him for who he really is. But don’t count on it happening any time soon.

    Posted by on Monday, August 31, 2015 at 08:55 AM in Economics, Politics | Permalink  Comments (47)


    Comments

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