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Friday, November 18, 2016
James Petras — Presidential Elections: Myths and Deceits
Petras's predictions for the Trump administration.
James Petras Website Presidential Elections: Myths and Deceits James Petras | Professor (Emeritus) of Sociology at Binghamton University in Binghamton, New York and adjunct professor at Saint Mary's University, Halifax, Nova Scotia
James Petras is correct about Bernie being a Judas goat and I think a lot of Petras' opinions but predicting the future is a hard thing to do. I am going to wait and see about Trump before I make a decision. It took me six months into Obama's first term before I realized what a liar he is. I will give Trump at least that long.
Meanwhile, Trump has been on a post-election charm offensive to woo traditional conservative Republican Congressional leaders who had opposed his candidacy during the primaries. They will work with Trump in lowering taxes while eliminating government regulations and environmental controls - policies that have long been on their agenda. On the other hand, Trump’s populist pledge to ‘reindustrialize’ America will be opposed by Congressional Republicans with ties to Wall Street and financial speculators. Trump’s promise to persuade US multi-nationals to repatriate their billions and headquarters to the US will be opposed by the majority Republican Congressional leadership. Even a Trump Republican majority on the Supreme Court, will veto any Trump initiative to ‘force’ big business to sacrifice its tax-free overseas profits to come home and ‘Make America Great Again’.
Examples of policy that will be easy to accomplish, and those that will be difficult. Can Trump secure the latter? Is it economically viable?
Presidents come into office with a lump sum of political capital. Trump's isn't great and he has to use it wisely and grow it rather than use it up on stuff he can't get or piss off his support.
Progressive Democrats agree with Bannon on a lot of stuff but with all the rancor, it would be difficult for them to cross the aisle and support Trump without enraging their own supports who are looking for the same obstructionism that Obama faced.
So look for Trump dong the easy stuff first, especially since he has to get some controversial appointments approved ASAP.
The divisiveness is not going away and Trump the reformer, in listening to Bannon, is going to face stiff opposition from the swamp critters.
James Petras is correct about Bernie being a Judas goat and I think a lot of Petras' opinions but predicting the future is a hard thing to do. I am going to wait and see about Trump before I make a decision. It took me six months into Obama's first term before I realized what a liar he is. I will give Trump at least that long.
ReplyDeleteI'm waiting for Paul Craig Roberts to lower the boom.
ReplyDeleteMeanwhile, Trump has been on a post-election charm offensive to woo traditional conservative Republican Congressional leaders who had opposed his candidacy during the primaries. They will work with Trump in lowering taxes while eliminating government regulations and environmental controls - policies that have long been on their agenda. On the other hand, Trump’s populist pledge to ‘reindustrialize’ America will be opposed by Congressional Republicans with ties to Wall Street and financial speculators. Trump’s promise to persuade US multi-nationals to repatriate their billions and headquarters to the US will be opposed by the majority Republican Congressional leadership. Even a Trump Republican majority on the Supreme Court, will veto any Trump initiative to ‘force’ big business to sacrifice its tax-free overseas profits to come home and ‘Make America Great Again’.
ReplyDeleteExamples of policy that will be easy to accomplish, and those that will be difficult. Can Trump secure the latter? Is it economically viable?
Presidents come into office with a lump sum of political capital. Trump's isn't great and he has to use it wisely and grow it rather than use it up on stuff he can't get or piss off his support.
ReplyDeleteProgressive Democrats agree with Bannon on a lot of stuff but with all the rancor, it would be difficult for them to cross the aisle and support Trump without enraging their own supports who are looking for the same obstructionism that Obama faced.
So look for Trump dong the easy stuff first, especially since he has to get some controversial appointments approved ASAP.
The divisiveness is not going away and Trump the reformer, in listening to Bannon, is going to face stiff opposition from the swamp critters.