• Trump Begins Raising Funds for 2020
• Trump Says He Will Dodge Russiagate
• This May Be Why Hope Hicks Quit
• Would-be Strongman Pays Respects to Actual Strongman
• Deficit May Be on Its Way to $2 Trillion
• Florida Bans AR-15s...for 15 Minutes
• Man Commits Suicide Outside of White House
The fact that America's allies, much of his administration, much of the Republican Party, and nearly every economist on the planet has lined up in opposition to Donald Trump's plan to slap a big tariff on steel and aluminum is not deterring the President whatsoever. In fact, in his usual Saturday morning tweet storm, he aggressively returned serve:
The United States has an $800 Billion Dollar Yearly Trade Deficit because of our “very stupid” trade deals and policies. Our jobs and wealth are being given to other countries that have taken advantage of us for years. They laugh at what fools our leaders have been. No more!— Donald J. Trump (@realDonaldTrump) March 3, 2018
If the E.U. wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a Tax on their Cars which freely pour into the U.S. They make it impossible for our cars (and more) to sell there. Big trade imbalance!— Donald J. Trump (@realDonaldTrump) March 3, 2018
Secretary of Commerce Wilbur Ross has already made the television rounds to peddle the notion that Trump's actions won't actually hurt the American consumer...that much. He observed, for example, that the steel tariff would only increase the cost of a car by about $175, which he called "trivial." That might be a fair point, but for the fact that he's a member of the same GOP that just tried to explain to us all how a $1.50/week tax cut is life-changing money.
In any event, with most presidents it is possible to understand where their policies are coming from, even if we find those policies to be disagreeable. Trump is so mercurial, and so inconsistent, that we are invariably left to hazard our best guesses as to what is driving his actions. So, here are some theories as to what might be going on here:
- It's Been a Bad Week: Trump has had so many bad
weeks in his first year that it's getting a little cliched to say, "this was the
President's worst week ever." Nonetheless, if this wasn't the worst one, it was
certainly close. One of his two or three closest confidants, Hope Hicks, got
grilled by Congress and then quit her job. Ivanka is now being investigated.
Jared Kushner sank deeper into the muck. HUD Secretary Ben Carson embarrassed
the administration by trying to spend $30K on a dining room set until he got caught. Attorney General Jeff
Sessions, NSA Herbert McMaster, and Chief of Staff John Kelly are all, to a
greater or lesser extent, in an open state of rebellion because they know Trump
won't fire them. The gun issue just keeps getting messier and messier, Fox News
has begun criticizing The Donald, and the stock market took a nose dive. It is
well established by now that when Trump is really smarting, he lashes out, like
a wounded animal. And his favorite targets are, in no particular order, Hillary
Clinton, China, Barack Obama, the "fake news," Kim Jong-Un, Muslims, and
undocumented immigrants/MS-13. On some level, the only thing that happened this
week was that China's turn in the rotation came up, since the tariffs are
clearly aimed at Chinese steel dumping.
- Look Over There: In a related point, Trump is very
good at distracting the media and the public from more substantive issues by
tweeting/complaining about something he thinks is less damaging. His first tweet
on the tariffs came within minutes of another tweet slamming Alec Baldwin for
his portrayal of the President on "Saturday Night Live." Nobody bit on the
Baldwin complaint, which has gotten pretty stale, so maybe Trump just ran with
the tariffs. In other words, perhaps he floated two trial balloons, and then
latched onto the one that stayed afloat.
- The Bug in Trump's Ear: It has also become clear
that Trump not only plays favorites with a rotating cast of underlings, but that
he listens very carefully to whichever favorite has gotten in his ear most
recently. By all indications, the administration's free traders—National
Economic Council leader Gary Cohn, Secretary of the Treasury Steve Mnuchin,
Secretary of State Rex Tillerson, McMaster, and Kelly—are on the outs with
Trump right now or are not, at very least, a part of the inner circle. The trade
hawks—Ross and economic adviser Peter Navarro—are currently in
favor. Perhaps those two have just carpe'd the diem while the opportunity
- The Size of His Hands: The Washington Post's
that Trump, as a real estate tycoon to the core, sees trade as a zero-sum game.
In his world, the more money you lease an apartment for, or sell a condo for,
the less money the other party has. And if you sell at a price higher than what
the market might suggest, you're a manly winner, while if you sell at a price
lower than what the market might suggest, you're a sad loser. The point is that
he fails to grasp that trade deals are not real estate. They can be, and
generally are, win-win, and that both sides end up richer for making them. And
having (incorrectly) concluded that trade deals are a "survival of the fittest"
sort of win-lose proposition, he sees the United States' trade imbalances as a
sign of weakness and unmanliness for both the country and himself. Put another
way, the tariffs may be a way for Trump to announce to the world that he has a
really big...pair of hands.
- The Bull in the China Shop: It is absolutely the
case that China really is dumping its steel onto the world market at
anti-competitive rates, with an eye toward manipulating the market. It is also
the case that tariffs can be a useful tool, when deployed judiciously and in a
highly-targeted fashion. Both the EU and the Obama administration, for example,
imposed very high tariffs on certain very specific steel products made in China
(and a few other countries). However, we know very well that Trump does not
listen carefully to details, and that he likes big, dramatic gestures. It's
possible that someone presented a reasonable and responsible policy proposal to
The Donald, and he transformed it into this blanket tariff on everyone. The
problem is that a non-specific tariff on steel will not hurt China nearly as
much as it will hurt the three biggest foreign producers of steel for the United
States: Canada, Brazil, and South Korea. That is to say, the tariff will weigh
heavily on two of the United States' closest allies.
- PA-18: In a week and a half, there is going to be
an election to replace Tim Murphy, who represented PA-18 in the House of
Representatives until he had to resign in disgrace. That district has a Cook PVI
of R+11, and has no business being competitive. Nonetheless,
give Republican Rick Saccone only a slight lead over Democrat Conor Lamb, and Lamb is
Saccone by a margin of 5-to-1. If the GOP loses this one, not only will it be a
huge embarrassment, but it will also put the Party into a panic heading into the
midterms. So, the tariff talk may have been an effort to rally the
overwhelmingly white, working-class district. It is certainly the case that
latched on to
the proposal so quickly you might have thought it was a pile of NRA money.
- The Spoils System: As we noted yesterday, Trump confidant Carl Icahn managed to profit $6 million by selling his stock in a steel-using company right before the President announced his tariff plans. It is also the case that we know little about Trump's personal holdings, and little about who else he might be talking to. It's certainly possible that this was a scheme to throw the markets into chaos, so that Trump & Co. could extract some profit before he "changes his mind." It could also be the case that Trump was not trying to personally enrich himself, per se, but that there was a quid pro quo along the lines of, "I'll make you some money, then you donate to the RNC/my campaign/my PAC." Trump definitely launched a fundraising blitz this week (more below). Maybe that is a coincidence, maybe not.
Again, all of these are just theories. Only Trump truly knows what is in the mind of Trump. Odds are good that at least one of these, and very possibly more than one, is correct, however. (Z)
For a fellow who pooh-poohed the importance of money when his fundraising tally was hundreds of millions of dollars behind Hillary Clinton's, Donald Trump is certainly taking money seriously as he begins preparations for the 2020 election, having used this weekend to launch a massive fundraising operation. He gave a speech to megadonors at Mar-a-Lago on Saturday evening, and is building a network of "bundlers," who will shake down their friends and associates for small-to-medium donations, and will be rewarded with things like dinners with the President. Team Trump also sent out a massive e-mail blast.
Generally, starting a fundraising blitz on the heels of a drama-, embarrassment-, and scandal-filled week is not how it's done, but Trump plays by his own rules. There may be some wisdom in it, actually. For a man who likes to project strength, he actually spends a fair bit of time playing the victim, and making his base feel sorry for him. Whether it's the "fake news," or Obama "deep state," or the Robert Mueller "witch hunt," or any of a dozen other supposed injustices, real or imagined, Trump is very good at triggering his supporters' defensive/protective instincts. And that may very well get them to open their wallets.
The 32-question survey that Team Trump sent out to potential donors is of particular interest, as it is clearly meant to gauge which issues will really get their blood boiling in 2018 and 2020. Among the questions:
- Do you believe schools should be hardened to protect our children?
- Have excessive government regulations, rules, and red tape burdened you personally?
- Do you believe protecting the sanctity of life needs to be a bigger priority in 2018?
- Do you believe many universities indoctrinate rather than teach students?
- Do you trust the media?
- Do you feel that you cannot publicly admit that you support Trump?
- Are you concerned by the potential spread of Sharia Law?
- English is currently not recognized as the official language of the United States. Do you think it should be?
- Do you believe tariffs should be imposed to protect American industry from foreign competitors that are ripping us off?
One might describe a few of those questions, such as the last one, as just a tad bit leading. Anyhow, it would appear there's a good chance we're going to start hearing a lot more about making English the official language of the United States, Sharia law, and how university professors are evil brainwashers who should nonetheless be armed. (Z)
As things head downhill (yet again) at the White House, Donald Trump is digging in his heels on Russiagate. He is telling anyone and everyone who will listen that: (1) He's done nothing wrong; (2) Whatever happens to anyone else, he's not going to get into trouble; and (3) That the American people are beginning to accept his narrative that it was the Democrats who colluded with Russia, and not the Trump campaign.
Needless to say, these sentiments reflect a concerning blend of paranoia, ignorance, and delusion. He may very well believe some or all of this, in the same way he believes that he had a larger inaugural crowd than Barack Obama, or that he actually won the popular vote, or that he's actually worth $15 billion. However, even if he really didn't do anything in terms of colluding with Russia, he seems unable and/or unwilling to accept that he may well be responsible for the actions of his underlings, and that he is definitely at risk of getting hit with an obstruction of justice charge. Similarly, there is zero evidence to suggest that public sentiment on Russiagate is turning against the Democrats. In fact, given how often Trump feels the need to bring these things up, one wonders if he's not trying to convince his staff as much as he's desperately trying to convince himself. (Z)
Speaking of Russiagate and Donald Trump, he's been told to stop speaking about the matter, except with members of his legal team. However, he's a motormouth who badly needs validation and who just can't control himself. So, he's in the habit of talking about the subject whenever he wants, in front of whomever happens to be present. To use his own counselors' words, he has repeatedly crossed a "bright red line," over and over, particularly as regards former staffer and confidante Hope Hicks.
The President either does not understand, or chooses to ignore, all of the problems that he creates with his loose lips (and it's not just sinking ships). First is that every non-lawyer he talks to becomes a potential witness and/or source for Robert Mueller, one who cannot hide behind lawyer-client privilege. So, Trump is harming himself with his lack of discretion. At the same time, he is also harming those he speaks to. These conversations inevitably translate into a need for (expensive) lawyers, and a greater likelihood of getting hauled before Congress and/or the special counsel. Further, depending on what Trump reveals, his staffers could well be put in the uncomfortable position of choosing between being disloyal to him and committing perjury.
In this context, the departure of someone as fiercely loyal as Hicks begins to make sense. Not only was she protecting herself by leaving, she was protecting Trump from himself. The day she spent before the House Intelligence Committee surely served to underscore that—while she fell back on executive privilege that day, she certainly knows that won't fly forever. She's not in the clear yet, of course, but at least by leaving she knows she won't learn anything else compromising. (Z)
Generally speaking, a president should not joke about the possibility of being a dictator. It's like joking about having a bomb at the airport—even if the remark is meant in jest, it's never taken that way (especially once you get taken away). One might suggest that joking about being a dictator is particularly gauche for a president that has shown serious strongman tendencies, like trying to undermine the news media, attempting to disenfranchise opposition voters, calling for opponents to be thrown in prison, and trying to organize vast military parades.
Clearly, Donald Trump does not agree, as he was caught on tape this weekend speaking approvingly of China's President Xi Jinping's maneuvers designed to keep himself in power for the rest of his life. "He's now president for life. President for life. No, he's great," Trump said. "And look, he was able to do that. I think it's great. Maybe we'll have to give that a shot some day." Again, by all evidences, Trump was joking. Kind of. We hope. (Z)
The nonpartisan Committee for a Responsible Federal Budget (CRFB) has crunched the numbers now that we know a bit more about the GOP tax bill and the Trump administration's budget, and they have reached some sobering conclusions. By next year, the deficit could hit $1.1 trillion, while it could hit $1.7 trillion within the next decade. And if Congress extends the tax cuts that are currently set to expire in seven years, a $2 trillion deficit is probable by 2028, along with a national debt in excess of $30 trillion.
These numbers are just estimates that the CRFB has put together as a stopgap until April 9. On that day, the Congressional Budget Office (CBO) is scheduled to release its analysis, which is more thorough, and uses more sophisticated projection techniques. Assuming that the CBO's report echoes that of the CFRB, or is even more pessimistic, then it will be very bad news for the GOP heading into the midterms. Every Republican who tries to brag about the tax cuts is going to get a response that involves the phrases "$1.1 trillion," "exploding national debt," and "almost entirely for the benefit of corporations and the ultra-rich," in some order. (Z)
The Republican majority of the Florida legislature is in a tight spot these days. On one hand, there's enormous pressure on them to do something about guns in response to the Marjory Stoneman Douglas High School shootings, especially since Gov. Rick Scott (R-FL) is clearly planning to make a Senate run where one of his key planks will be moderate-level gun control. On the other hand, there are a lot of Second Amendment zealots in the Sunshine State, and Florida Republicans have been among the most eager accepters of NRA money. This laid the groundwork for the strange day the state senate had on Saturday, when they approved a ban on AR-15 guns by a voice vote. Then, at the urging of several Republican members of the chamber, they held a roll-call vote 15 minutes later and the measure was defeated by a vote of 21 to 17, with all 15 Democrats joined by two of the GOP colleagues in supporting the bill.
In view of this...confusion, there is going to be another vote held on Monday, when the Senate is back in regular session. Normally, when passing new laws, the standard is not "best two out of three," but these are the times we live in. Three Republican votes would have to flip in order for the measure to pass, which seems improbable, but who knows? (Z)
Saturday morning, a man approached the White House, waved a gun around, fired a few shots, and then shot himself in the head. He was pronounced dead at a nearby hospital shortly thereafter. Thus far, nothing is (publicly) known about the shooter or his motivations. The Trumps were not present for the shooting, as they were at Mar-a-Lago, as is generally the case during winter weekends. They will return to the White House, as scheduled, later today. (Z)Email a link to a friend or share:
---The Votemaster and Zenger
Mar03 One Beneficiary of the Tariffs: Carl Icahn
Mar03 Jared Kushner Is in Deep Doodoo
Mar03 The U.S. May Yet Get One of the Russian Hackers
Mar03 Russiagate Just Keeps Getting Stranger
Mar03 Trump, Pence Attend Funeral
Mar03 Trump Has a Personnel Problem
Mar02 Trump Announces Tariffs, Market Responds by Tanking
Mar02 Ivanka Trump Being Investigated
Mar02 Former CIA Chief Worried that Russia Could Destroy America
Mar02 Warner Warns of New Cold War
Mar02 Russians Nuke Florida
Mar02 McMaster May Depart White House by the End of the Month
Mar02 A Third Poll Shows Generic House Democrat Leading by 15 Points
Mar02 Democrat Enters the Mississippi Senate Race
Mar01 Donald Trump Has No More Hope
Mar01 Trump Attacks Sessions
Mar01 Manafort Will Go on Trial In September
Mar01 New York State Is Investigating Kushner's Finances
Mar01 On Guns, Trump Turns into a Loose Cannon
Mar01 Democrats Flip Two More State Legislative Seats
Mar01 Today in Draining the Swamp: Ben Carson
Feb28 Hope Hicks Refused to Answer Many House Intelligence Committee Questions
Feb28 Mueller Is Asking Questions about Trump's Dealings in Russia
Feb28 Kushner's Security Clearance Is Downgraded
Feb28 Mueller Drops Some Charges against Gates
Feb28 Trump Will Run for Reelection
Feb28 Corker Decides Not to Unretire
Feb28 Sanders Is Running for Congress
Feb28 Arizona Republicans Dodge a (Small) Bullet
Feb27 Supreme Court Passes the Buck on the Dreamers
Feb27 Supreme Court Hears Key Union Case
Feb27 Administration Will Start to Slash Government Programs
Feb27 Trump's Border Wall Keeps Shrinking
Feb27 Trump May Not Go Far to Find New FAA Head
Feb27 Trump Channels His Inner Reagan
Feb27 Generic Democrat Leads Generic Republican by 16 Points
Feb27 Wicker Draws a Challenger from the Right
Feb26 Conservative Booed at CPAC
Feb26 Poll: Trump's Approval Is Down Again, to 35%
Feb26 Tax Law Is Full of Glitches
Feb26 California Democrats Do Not Endorse Feinstein
Feb26 Democrats Have a New Healthcare Plan
Feb26 All-Star Team of Lawyers Says Electoral College is Unconstitutional
Feb26 Il Buono, Il Brutto, Il Trumpo?
Feb25 Democrats Release Response to Nunes Memo
Feb25 Trump Spars with Mexican President
Feb25 U.S. Embassy in Israel to "Move" in May
Feb25 Trump Threatens the Whole World
Feb25 Bernie Sanders' Nose Is Growing