I want to believe. But the rug was pulled out from under me last November. I’m leery of trust and hope. They used to be my friends. Now they let me down.
I read a Brian Tyler Cohen post. Petitioning the King. Cohen writes well. Intelligently. Persuasively. Mr, Cohen says,
It’s clear by now that Trump’s imposition of tariffs has been a disaster. The market has crashed, wiping away all gains since he took office, companies are laying off employees by the hundreds, fears of a recession are reaching a fever pitch, and far from pressuring other countries into coming to the negotiating table, they’re going around the United States and entering into new trade agreements without us. New reporting suggests that Japan and South Korea are coordinating with China to respond to our tariffs. How’s that for 4D chess? At a time when American superiority is threatened by China, Trump is driving other countries into the arms of China.
And so given how disastrous these tariffs are on the economy, and given how potent the issue of high costs are (Trump himself admitted that he won the 2024 election as a result of high costs), it would lend itself to reason that he would want to avoid this like the plague. Even someone like Trump (who can’t bring himself to admit fault because he views any capitulation as a sign of weakness) can see how disastrous this is and should want to cut his losses.
Which raises the question: why plow ahead?
Right on dubious schedule, Trump announced a 90 day suspension on tariffs for all nations except his arch enemy, home to his products, China. So Trump is not plowing ahead.
Could it be that his falling poll numbers changed Trump’s mind?
Perhaps it was the turning of the worms like Joe Rogan, Mitch McConnell, Ted Cruz, and Thom Tillis.
Maybe Trump had a good game of golf. It could be that he saw that shares of DJT were down, affecting his personal wealth, or he noticed that crytocurrency had precipitiously dropped.
I personally doubt it was any of those things. They would indicate logic, consistency, personal reflection, things that Trump doesn’t do. I think he did it to amuse himself because he likes being the talk of the world. He’s that kind of egomaniac.
I think Brian Tyler Cohen may posit it’s something else. He finishes:
Now comes the hopeful part: we’re wise to his plan.
There is a reason that the Trump administration suddenly rescinded the nomination of Elise Stefanik to be UN ambassador, fearing Republicans would lose a seat in a district that Trump won by 21 points in November. And they saw what happened in Wisconsin, where Trump-endorsed conservative candidate Brad Schimel lost by 10 points in a 50-50 state. And they saw what happened in Florida, where even though Democrats lost a pair of special elections, the races saw an average 16-point swing to the left. And on Saturday, they saw millions of Americans take to the streets to protest their overreach. This matters because this administration derives its power from the perception that it is untouchable and can act with impunity. The fact that Americans are standing up, turning out, and fighting back threatens their entire power structure. I know it doesn’t feel like we have much to celebrate, but I want to be clear: the energy, the momentum, and the enthusiasm is on one side right now, and it’s not Donald Trump’s.
Boy, I’d sure like to believe Mr. Cohen. But one thing my recent experience has taught me is, don’t get too hopeful.
That’s probably Trump’s plan: keep folks like me from getting too hopeful.
He’s diabolical in that way.