Trump’s Second Term

Sunday night, after the rain clouds parted, Blanca and I headed due West like we were shot out of a cannon. Up and over the 4th St Bridge, she wanted to see Oyster Bay. We added on Ellison Loop NW for a little more climbing. That wall at the very end is a bitch, but I digress.

A beautiful night for a fling with your gfriend. Until we saw FOUR houses in a row with Trump/Pence signs. Trump’s gonna carry Oyster Bay?

No big deal you say, Washington is dark blue, no reason to let a few right wing nutters ruin a glorious ride.

But then, after we ducked into the driveway right before sunset, I finished reading Evan Osnos’s smartly written, “How Greenwich Republicans Learned to Love Trump.”

Which is filled with insights into things I don’t understand. Like this:

“The (college) admissions case reminded me of the rationale I kept hearing for looking past Trump’s behavior toward women, minorities, immigrants, war heroes, the F.B.I., democracy, and the truth, not to mention his request that Ukraine “do us a favor” by investigating his political opponents: a conviction that, ultimately, nothing matters more than cutting taxes and regulations and slowing immigration.”

Osnos disabuses people like me that Trump’s base is just gun-toting, stay-at-home protesting, working class, modestly educated, rural people. Trump has massive support among the ultra wealthy, like Michael Mason, a mover and shaker in Greenwich, Connecticut, probably the wealthiest enclave in the (dis)United States:

“Mason knows that the President’s ‘culture’ still upsets many people in Greenwich. But, he said, ‘his policies over the last three years have gained more attention and probably more support.’ He predicts that the trauma of the pandemic will persuade some voters that Trump was right to want to cut immigration and lure back industries from abroad. ‘He had policies that he wanted to change on our borders, on immigration. I certainly think people in this country now are worried about that.'”

The Resistance is deluded to think this pandemic shitshow is going to ruin his chance at re-election.

Another depressing insight:

“If you are among the Greenwich élite, whether you love Trump or hate him, it is easy to count the ways that he has oriented his Administration to help people like you. When Trump introduced his tax bill, he called it a gift to ‘the folks who work in the mail rooms and the machine shops of America.’ That was absurd. The bill cut the corporate tax rate by fourteen per cent, and most of the windfall went to investors in the form of dividends and stock buybacks. . . . Though he limited the deductions for state and local taxes, wealthy citizens were compensated by new tax breaks, including some specifically for the commercial-real-estate industry and for wealthy heirs. On average, Trump gave households in the top one per cent a forty-eight-thousand-dollar tax cut, while those in the bottom twenty per cent received a hundred and twenty dollars, according to the Institute on Taxation and Economic Policy, a nonpartisan think tank. Jim Campbell, the Republican organizer who embraced Trump early in 2016, told me recently, ‘I don’t know anyone who voted for Donald Trump in 2016 and won’t vote for him again. In Greenwich, he’ll probably pick up some votes.'”

I never thought the country would elect Trump president. Since 2016, his supporters have become less afraid, less self conscious, and more outspoken. Now, for the first time, I’m bracing myself for the fact that my friend, who promises “100% that Trump is going to be reelected”, may very well be right.

Thanks for that Osnos.

 

 

 

Friday Assorted Links

1. At virtual Family Chapel, the ‘spiritual but not religious’ find community during pandemic. Eldest is featured, making me even more famous.

2. Why Trump Was Deaf To All The Warnings He Received. Incuriosity and paranoia.

3. Colleges could lose up to 20 percent of students.

“Ten percent of college-bound seniors who had planned to enroll at a four-year college before the COVID-19 outbreak have already made alternative plans. Fourteen percent of college students said they were unlikely to return to their current college or university in the fall, or it was “too soon to tell.” Exactly three weeks later, in mid-April, that figure had gone up to 26 percent. Gap years may be gaining in popularity. While hard to track, there are estimates that 3 percent of freshmen take a gap year. Since the pandemic, internet searches for gap years have skyrocketed. College students do not like the online education they have been receiving. To finish their degrees, 85 percent want to go back to campus, but 15 percent want to finish online.”

4. The Grumpy Economist on University finances, particularly endowments. Sign of the seriousness of things, belt tightening ahead even for the uber wealthy.

“University endowment practices are quite a puzzle. . . . Why are they invested in obscure, illiquid, hard to value, assets, with at least two layers of high fees (university management + asset managers) rather than, say, have one part-time employee and put the whole business into Vanguard total market for about 10 basis points? Why do they leverage with short-term municipal debt which must be rolled over at the most inconvenient times? Why do university presidents seem to glory in great endowment returns in good times, but these occasional liquidity crunches are seen simply as acts of nature, not preventable with a nice pile of liquid assets? Why do donors put up with this — why do donors give money that will be managed in obscure high fee investments, rather than demand low-fee transparent investment, or even set up separate trusts, transparently managed, to benefit their alma maters?”

A flurry of great questions. The short answer to the first question I suspect is because investment managers’ think they’re smart enough to pick stock winners when history suggests otherwise.

An addendum suggests I’ve nailed it:

“Where are the trustees? Well, I speculated to one correspondent, there is a natural selection bias. How do you get to be a university trustee? 1) Make a ton of money as a (lucky) active asset manager, especially on trades and investments that come from college contacts;  2) Collect a lot of fees;  3) Persuade yourself how smart you are and how easy the alpha game is 4) Desire to socialize with the people who run universities. This is hardly likely to produce contrarians, fans of scientifically validated, quantitative, low-fee investment strategies.”

5. The Real Story Behind That Viral Photo of President Johnson During the Vietnam War. In praise of thoroughness and media literacy.

“. . . President Johnson wasn’t crying over thousands of dead American soldiers in the photo. Johnson is actually listening to an audio tape that was created by Captain Charles “Chuck” Robb, his son-in-law. That detail would allow the casual viewer to assume that LBJ was distressed to hear the recording, but it seems that so many of the documentary filmmakers who use this image haven’t bothered to look at the other photos taken during that same time in the White House.”

 

260,000 Words Later

The New York Times has analyzed every word the President has uttered during his daily press conferences/campaign rallies. Equivalent to a 700-page book.

Some context from Charles Duhigg in The New Yorker:

“During the H1N1 outbreak of 2009—which caused some twelve thousand American deaths, infections in every state, and seven hundred school closings—Besser and his successor at the C.D.C., Dr. Tom Frieden, gave more than a hundred press briefings. President Barack Obama spoke publicly about the outbreak only a few times, and generally limited himself to telling people to heed scientific experts and promising not to let politics distort the government’s response. ‘The Bush Administration did a good job of creating the infrastructure so that we can respond,’ Obama said. . . . At no time did Obama recommend particular medical treatments, nor did he forecast specifics about when the pandemic would end.”

One of The Times conclusions:

“. . . the self-aggrandizement is singular for an American leader. But his approach is even more extraordinary because he is taking credit and demanding affirmation while he asks people to look beyond themselves and bear considerable hardship to help slow the spread of the virus.

“He doesn’t speak the language of transcendence, what we have in common,” said Jennifer Mercieca, a historian of American political rhetoric at Texas A&M University. Instead, Dr. Mercieca said, he falls back on a vocabulary he developed over decades promoting himself and his business.

“Trump’s primary goal is to spread good news and information and market the Trump brand: ‘Trump is great. The Trump brand is great. The Trump presidency is great,’ she said. “It’s not the right time or place to do that.”

“Transcendence”, shit, the nation would settle for silence.

Another:

“The coronavirus briefings have often contained the same phrases and themes that he used in his 2016 race.

“It’s consistent with the way he campaigned when he said, ‘I alone can fix it,’” said John Murphy, a professor at the University of Illinois at Urbana-Champaign who studies the rhetoric of American presidents and politicians.

Dr. Murphy said that most presidents avoid taking personal credit because they appreciate the fact that Americans can draw the connection themselves between presidential leadership and the country’s successes.

With Mr. Trump, there is no such subtlety. “The level of self-congratulations that occurs every day at these press conferences is unprecedented,” Dr. Murphy added.”

I’ve been wondering, what would my dad think about the President? He was a free-market capitalist, a successful businessperson, lived in Florida, and leaned right. Despite all of that, I’m convinced he’d be damn near as critical of him as me because he couldn’t stand self-promoters.

He grew up poor, during the Depression, in Eastern Montana. Sometimes in the West self-promoters are said to be,”All hat, no cattle.” Dad was “All cattle, no hat.”

When I was a young professor, the President at my college resigned. He wrote a letter for the campus community that detailed his accomplishments. I was impressed, dad was anything but. Why? Because of John Murphy’s insight—he trusted that people could draw the connections themselves between leadership and a business’s or university’s success.

 

 

 

 

“There’s a Disconnect”

Jason Gay in the Wall Street Journal:

“Francesa’s March 30 rant about the president had gone viral, in part because it had surprised people, given Francesa’s known affection for Trump, but also because it sounded close to home, New Yorker to New Yorker, like he was yelling from a cab. Back in the day, a young Francesa had parked Fred Trump’s limousine at the Atlantic Beach Club, and he still had admiration for Fred’s son. “The President is brilliant at branding…brilliant at marketing,” Francesa told me. But he didn’t back down from his critiques: ‘I steadfastly stand by that. I think the federal government has not done a great job because I feel like they haven’t connected with the people.'”

Trump’s Triumphs

A friend dislikes the President’s personal style, but supports his policies. I’m baffled by his ability to compartmentalize. Most people, like me, do or don’t give a politician the benefit of the doubt based upon their personal feelings for them.

That sure seemed to be the case among conservatives during the Obama years.

I strongly dislike the President’s personal attributes. In fact, he’s a composite of my least favorite attributes—a serial braggart; dishonest; incurious, sexist; racist; xenophobic; insecure; uncaring; coarse; and most of all, self-centered. If I walked up to the first tee of a golf course as a single, and the starter asked if I’d like to join the President’s threesome, I’d pass.

I also dislike the people he keeps company with and his privileging of money above everything else no matter the issue. Yesterday, he tweeted, “Just spoke to my friend MBS (Crown Prince) of Saudi Arabia. . . .” MBS, one of the few people on the planet whose megalomania rivals his own and the person who oversaw the grisly murder of Jamal Khashoggi. The take-away is sickening—you can dismember the body of an American journalist if you buy enough military hardware.

Apart from material gain, I don’t know what he stands for.

And yet, the more critical I am of the President, the more my conservative friends are critical of me. For being divisive. For not giving him any credit for anything. For being predictable.

I’ll never conform to their way of thinking, but I never want to be predictable. Then again, most partisans, meaning all of us these days, are so predictable as to be boring. We pretty much know what each other is going to write and say, how each other is going to vote.

So in the spirit of fairness, a mental exercise. I’m going to give the President credit for some things. Maybe this exercise will inspire my conservative friends to do the same, in retrospect, in the context of the Obama years.

As this pandemic makes painfully clear, I believe the President’s intense isolationism is a grievous mistake; however, I applaud his reticence to use military power to solve international problems. He has done a very good job not starting any wars.

He also has done a good job getting other developed countries to pay a fairer share of their security needs. There’s no reason for us to float anyone anymore.

And, despite his nonsense about China paying the tariffs*, his administration has done a good job laying the groundwork to reduce the US-China trade deficit, which is unsustainable.

And, as his daily press conferences illustrate, he’s a master communicator. Just contrast him with Pence who will put you asleep faster than a million melatonin. Of course a lot of what he says is patently false, which makes for an extremely dangerous combination. His base cares more about how he communicates than whether he’s truthful or not. They like how he makes them feel better about themselves, and at the same time, aggrieved by secular elites and liberal media. But I digress. In short, I don’t like what he says, but I concede he combines very simple language, intonations, and idiosyncratic syntax extremely effectively.

That’s the best I can do. We now return to regular programming.

*economists are clear, US consumers pay them in increased prices

E Unum Pluribus

US television viewers’ deeply disparate responses to the daily Trump coronavirus briefings means it’s time. Time to update the motto of the US, “e pluribus unum”, Latin for “out of many, one”; to “e unum pluribus”, out of one, many.

Out of one country, many factions with diametrically opposed perspectives on reality.

Exhibit A. How large swaths of liberal Democrats, like your favorite blogger, think about the pressers as described in The Trump O’Clock Follies by Susan B. Glasser of The New Yorker.

Her opening paragraph:

“During the Vietnam War, the United States had the Five O’Clock Follies, nightly briefings at which American military leaders claimed, citing a variety of bogus statistics, half-truths, and misleading reports from the front, to be winning a war that they were, in fact, losing. Richard Pyle, the Associated Press’s Saigon bureau chief, called the press conferences ‘the longest-playing tragicomedy in Southeast Asia’s theater of the absurd,’ which, minus the ‘Southeast Asia’ part, is not a bad description of the scene currently playing out each evening in the James S. Brady Press Briefing Room, in the White House. We now have the Trump Follies, the nightly briefings at which President Trump has lied and bragged, lamented and equivocated, about the global pandemic that poses an existential threat to his Presidency. Just as the Vietnam briefings became a standard by which the erosion of government credibility could be measured then, historians of the future will consult the record of Trump’s mendacious, misleading press conferences as an example of a tragic failure of leadership at such a critical moment. There will be much material for them; the transcripts from just the first three days of this week runs to more than forty thousand words.”

Shortly thereafter, Glasser adds:

“The disconnect between Trumpian reality and actual reality has never been on starker display than in the past few days, as the true face of the horror we are facing in the United States has shown itself, in New York City, with overwhelmed morgues and emergency rooms, a governor pleading for ventilators and face masks from the federal government, and heartbreaking first-person accounts reminiscent of the open letters sent from Italy a few weeks back, which warned Americans: this is what is coming for you—don’t make our mistakes.”

But there’s a problem with Glasser’s analysis. Many, many of the Presidents’ supporters see a completely different reality. In ways I don’t understand, they literally do not see “horror” or “overwhelmed morgues and emergency rooms” or “a governor pleading for ventilators and face masks”. What do they see?

Exhibit B. How large swaths of conservative Republicans think about the pressers as described by the President’s daughter-in-law in “Trump’s handling of coronavirus crisis shows America what real leadership looks like”.

Lara Trump takes a little longer to warm up. From her second paragraph:

“Unprecedented times call for a strong leader. My father-in-law, President Trump, is showing what leadership looks like in a time of crisis. He is taking bold and historic steps to combat COVID-19.

While Democrats and the media were obsessing over impeachment, the president took early and effective actions to stop the spread of coronavirus. He ordered travel restrictions on China and Europe and restricted our southern and northern borders. Less than a month after learning of the virus, the CDC began working on a vaccine. By March, the president announced that the first potential vaccine entered a “phase one” trial, breaking records for the speed it moved to trials.

While these scientific developments were taking place, the president and the administration led efforts to support states, small businesses, jobs and American families. They’ve waived interest rates on federally held student loans and afforded borrowers the option to suspend payments. They have prioritized the health care of our most vulnerable veterans, and deployed tens of thousands of masks, gowns and other medical devices to states in need.”

Liberals will laugh this off much more quickly than they’ll acknowledge that the President’s approval ratings have gone up quite a bit since the daily pressers began. You can tell the President knows his ratings are trending up as he grows more informal, verbose, and cocksure with each passing one.

How will the (dis) United States resolve this dilemma of its citizens seeing things so differently? Through the electoral college on November 3rd, 2020. I just hope not too many people die unnecessarily between now and then.

 

 

 

I’m Like Fox News, Fair and Balanced

I dedicate this to Travis and Mike who are convinced I’m being even less fair and balanced about the current administration than normal.

From Arnold Kling’s blog post “Calibrating anger”.

“I don’t think that anger toward President Trump is well justified. It is true that he reacted more slowly than many people who are more technically oriented and better able to read exponential processes. But almost every other leader around the world reacted just as slowly. And he was badly served by the FDA. . . Some of those FDA folks are still taking their case to the press, attacking President Trump for breaking out of their regulatory straitjacket.

No doubt that there were some officials somewhere in the bowels of the bureaucracy who saw this coming and tried to send warnings up the chain of command. Perhaps some of those warnings made it all the way to the Oval Office. But suppose that Mr. Trump had understood and been ahead of the curve. Had he told people back in February that they needed to change their behavior, I am skeptical that he could have brought the country with him. The left, rather than respecting such a judgment, would more likely have denounced early measures to stop the virus as a fascist takeover. As it is, they can call him an idiot for being too late. Fine.

I don’t recall leading Democrats putting much pressure on him to act sooner.

Where I am inclined to fault Mr. Trump is in what I see as a lack of ability to attract and retain outstanding personnel. I think that his circle of trust is too narrow. If my intuition about this is correct, then this shortcoming is quite consequential.”

I’m trying really hard to make nice so I will not say a narcissist is incapable of “hiring only the best” because their smarts and competence would accentuate his relative shortcomings.

Dammit, so close.