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Sun Nov 20, 2016, 01:14 PM

Doyle McManus on how to prioritize panic under Trump--today's LA Times:

Donald Trump has given people plenty to worry about in the first 10 days of his transition to the presidency ó especially anyone who thought all along he was unqualified for the job. Itís as if a bunch of people who never expected to win the White House have been suddenly asked to organize an actual administration. The result has been chaos, eccentric nominations (Jeff Sessions ó really?) and Twitter outbursts from an unreformed president-elect.

But you canít hit all your panic buttons simultaneously. So I thought it might be useful to do triage, sorting the biggest concerns from lesser ones. Call this a semi-optimistic guide for the seriously distressed.

Letís start with issues we can put off worrying about for a while.

The economy is going to be fine for the short run. Financial markets didnít crash when Trump won; they soared when investors figured out his plans to spend trillions on infrastructure, defense and tax cuts will add up to a giant economic stimulus. Although Republicans hated the idea of stimulus when it bore President Obamaís name, watch them hail Trumpís as an act of genius.

Over time, all that stimulus is likely to boost inflation, just as conservatives warned in 2009. It may even lead to a recession in time to disrupt Trumpís reelection campaign.
Trump, who cast himself as a candidate of renewed American strength, may lead us to a dangerous era of weakness instead.



All of it at the link: http://www.latimes.com/opinion/op-ed/la-oe-mcmanus-20-trump-worry-20161120-story.html

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Reply Doyle McManus on how to prioritize panic under Trump--today's LA Times: (Original post)
CaliforniaPeggy Nov 2016 OP
Vogon_Glory Nov 2016 #1
marybourg Nov 2016 #2

Response to CaliforniaPeggy (Original post)

Sun Nov 20, 2016, 01:24 PM

1. I find the Right-wing Journos' Reassurances to be Airy-Fairey

Here in Texas, just as in Kansas, we have seen the "benefits" of Tea Party thinking. Despite the hype, when it comes time to appropriate money to do shovel-work, the Tea Party types will do to Donald what they did to Obama and refuse to provide even a quarter of the necessary funding.

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Response to CaliforniaPeggy (Original post)

Sun Nov 20, 2016, 02:48 PM

2. "Its foreign policy, however,

that worries me the most, because that is where the power of a president is nearly absolute." --
Doyle McManus

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