Big Daddy Will Take Care of Us

Recently, I wrote about the business leaders who see Trump as a threat to the economy and, by extension, to their company’s bottom line (and isn’t that what really matters?).

However, other business execs are pretty chill about the possibility that a man who doesn’t understand basic financial principles and is prone to reckless, impulsive decisions might be in charge of the world’s largest economy.

At the Davos conference, where the richest of the rich gather to hobnob and cavort, many business leaders said the media has exaggerated “the threat of a Trump presidency,” insisted that the GOP nominee is “all bark and no bite’” and implied that “many of his policies were right.”

This shows how in touch these supposedly brilliant leaders are. If anything, the media has downplayed the potential catastrophe of a second Trump administration. An unrepentant authoritarian who instigated an insurrection is clearly not “all bark.” And Trump’s policies led to economic disaster.

But none of that has stopped billionaires from lining up to help the Republican Party. And really, if you can’t trust billionaires to do what’s right, who can you trust?

However, people “still operating under the impression that they will curry favor with a dictator are painfully unaware of how dictators actually operate.” If Trump comes back for round two, he “will use the power of the state to squeeze the wealthy as well as his political opponents, threatening them with investigations, audits, regulation—even criminal charges—unless they do as they are told.” 

It doesn’t matter if you donate a gajillion dollars to his campaign. A megalomanic focuses only on what you can do for him at that moment, and while demanding complete loyalty, he offers none in return. 

And when you have outlived your usefulness, or have been perceived as a threat, you will face the same fate as his enemies that you helped vaniquish.

And his followers have adopted this mindset. For example, let’s say that you are fervent Trump supporter living in a red state. You might think you are safe from MAGA rage. Unfortunately, all it takes is one misstep, such as acknowledging basic facts, to provoke your former allies into calling for your head.

Or perhaps you are a well-regarded conservative, someone whose GOP credentials cannot be denied. It doesn’t matter. If you say or do anything that The Leader doesn’t like, or that his flunkies find suspicious, you will be harassed, mocked, maligned, and threatened, with actual physical violence a real possibility.

Now, there is a reason why Trump’s most fervent admirers are white straight men. As the ultimate white straight guy with underserved power, Trump tells them that they are entitled to the disproportionate amount of influence they have in this country. They want to keep it that way, and they believe Trump will preserve their status. To some degree, they are correct. It’s not like Trump is going to promote the rights of black lesbians or Muslim immigrants.

But ultimately, if Trump fanatics of any color or gender think their authoritarian overlord will protect them, they are massively mistaken. He will protect himself, and beware anyone who gets in his way.

History shows that eventually, even cult members and party favorites make a mistake, and it doesn’t end well for them.

Sooner or later, the dictator comes for you.

Fizzled Fireworks

It’s a very special Independence Day this year, because it will be our last.

You see, the Supreme Court has ruled that the president is a king, and can pretty much do whatever he wants (even assassinate his political rivals, theoretically) without fear of being stopped or punished.

Also, the Supreme Court has ruled that bribery is legal, federal agencies have no actual authority, and homeless people can be thrown in prison if they are inconvenient. So the justices had a busy week of right-winging it.

The counter to this unprecedented push into authoritarianism is a disorganized, freaked-out Democratic Party that even under the best of circumstances has proven itself unable to fight back against fire-breathing Republicans. It doesn’t help that the Democratic flagbearer has trouble staying awake past 4:00 pm.

Meanwhile, American voters are more predisposed than ever to choose an aspiring dictator for their leader because the other guy stutters. 

So yes, this might be it for American democracy. I plan to relax, barbeque outside, and relax this weekend. After all, by next July, I might be running for my life from jackbooted thugs who are rounding up dark-skinned people who are insufficiently Christian.

Happy Independence Day everybody!

Econ 101

As we all know, no institution is more radically progressive, left-wing, and woke than Moody’s Analytics. Sure, they conduct objective analyses and offer insights to businesses about financial risks, but the facts have a well-known liberal agenda, and helping major corporations navigate issues is just the kind of thing that a lefty would do.

Yes, I’m spewing nonsense, but I’m trying to help our Republican friends figure out how to denigrate and dismiss the latest report from a respected, conservative institution that their presidential nominee’s economic policies are idiotic beyond restoration.

You see, Moody’s Analytics recently compared the economic promises of Joe Biden and Donald Trump. The study concluded that “a second Biden presidency would see cooling inflation and continued economic growth [while] a Trump presidency would be an economic disaster.”

How can this be? Polls show that more Americans trust Trump on economic policy, and a majority view the Trump years as successful. Well, on the first point, Republicans have never (as in never never never) been better at handling the economy than Democrats. And on the second point, Trump left office with the economy in a crater and fewer jobs than he started with. So maybe Americans don’t know what they’re talking about on this topic.

According to Moody’s Analytics, the convicted felon who fronts the GOP has promised to slash taxes on the wealthy, increase tariffs across the board, and deport 11 million immigrant workers. These policies would trigger a recession by mid-2025, increase the costs of consumer goods, boost inflation, eliminate over 3 million jobs, increase the unemployment rate, and add trillions to the national debt.

What’s not to love about that?

The chief economist of Moody’s Analytics said, rather plainly, that “Biden’s policies are better for the economy.”  

I told you they were left wing.

But if you still want to dismiss this report as liberal fear-mongering, consider that studies show that Trump “continues to suffer from the lowest level of corporate support in the history of the Republican Party,” despite the fact that an estimated 60 to 70 percent of chief executives are registered Republicans. It’s almost like these guys, who live for tax cuts and prize the bottom line over everything, are recognizing that enacting the half-baked notions of an addled criminal with multiple bankruptcies is a little disconcerting for business.

According to the historian Heather Richardson, the GOP is made up of “MAGA extremists and junior varsity opportunists” who are waving “red flags to business leaders.”

To be clear, these fat-cat execs don’t give a damn about wealth inequality, the rights of ethnic minorities, or democracy. But they do care about money. And if even these guys are shouting, “Don’t vote for this lunatic or the economy will collapse,” maybe we should pay attention.

Oh, and sixteen Nobel Prize-winning economists have signed a joint letter stating that “Joe Biden’s economic agenda is vastly superior to Donald Trump’s” and that GOP proposals are “fiscally irresponsible.”

 But none of those guys are stable geniuses, are they?

The Big Swing

Here's an interesting statistic for you: 

When pollsters asked Republicans in April whether someone convicted of a felony should be allowed to be president, just 17% said yes. But when the same pollsters asked Republicans the same question this month, 58% said yes.

That’s a 41-point swing, from fringe idea to majority opinion, in mere weeks. I wonder what happened in the time between the question being asked again. Yeah, that’s a stumper.

I also wonder how anyone can say with a straight face that Republicans are a serious political party with ironclad principles. Maybe next you’ll tell me that they are not in a cult.

In any case, I will be offline next week, but I will resume posting the following week. Until then, make sure that nothing interesting happens because I don’t want to miss it.

Thanks

Felonious

What more can we say?

We have the first ex-president to be convicted of a felony (or 34 of them, as the case may be).

We have the first convicted criminal to run for president under the banner of a major political party.

We have that political party, which long championed “law and order,” now saying law and order is no big thing, or more likely, doesn’t apply to them.

We have religious conservatives, who want us all to worship Jesus or have our citizenship stripped, lining up to proclaim the holiness of a man who paid a porn star to keep quiet about his infidelity to his third wife.

We have half of Congress insisting that Americans can no longer trust the courts, the electoral process, or any political institution that doesn’t align with the whims of their jabbering, addled messiah.

We have conservatives who told us that “This should be decided at the ballot box” then when the voters decided, changed it to “If he broke any laws, let a jury decide,” then after a jury decided, changed it to “This should be decided at the ballot box” in a circle of mesmerizing gaslighting.

We have people who don’t even know what the charges were screaming that he is innocent of whatever they charged him with, while conservatives who know the law perfectly well proclaim that the law is not what it actually is.

We have a man who “has spent decades on the edge of legal trouble,” whose life goals consist of delaying legal problems for as long as possible in the assumption that he could ride it out, who has finally been judged a criminal.

And we have pollsters telling us that this, like every development under the sun, will inevitably be bad news for Democrats.

We have all this and more.

And we have nine undecided voters in swing states who have actually changed their minds.

Hey, it’s something.