Day: November 28, 2024
Thanksgiving anxieties are justified
Today is the autumn pause the United States calls Thanksgiving. It is pretty much the most popular holiday across the entire population, marked by people of all religions and ethnicities. Unlike so many other American holidays, it is mainly noncommercial. We gather with family and friends for a giant afternoon meal to say thanks for whatever blessings have graced us.
I’m fine
We are in Savannah this year with two sons, two granddaughters, and two grandsons. We’ll go soon to a cousins’ beautiful house on the marshes outside of town for the traditional family feast. We’ll eat and drink as much as we all like. The generations will meet, the youngest for the first time, or refamiliarize themselves. We are, so far as I know, a prosperous and happy family. The family quarrels that plague some Thanksgiving dinners will be, thankfully, absent.
That said, I can’t help but note that I will not be content. The election result is a good part of the reason. While my personal welfare is not at stake, I fear for my country and its less fortunate citizens and non-citizens.
The economic risks
It is hard not to notice that the risks ahead are great. The current economic recovery began in 2009 under President Obama. President Trump’s botched reaction to the COVID-19 epidemic interrupted it, but it got back on track with President Biden. The growth trajectory has passed its 15th, year. We are overdue for a recession, even disregarding the announced policy choices of the new Administration.
President Trump’s re-election makes one all but certain. His insistence on raising tariffs and expelling immigrants will re-ignite inflation. The Fed will have to slow or even reverse the decline it has begun in interest rates. Trump’s announced effort to shrink the Federal government will fail to reach its goal of cutting $2 trillion. But whatever layoffs the new Administration achieves will contribute to unemployment. The budget cuts will also slow the economy.
The social risks
While the economy slows, the new Administration will be cutting holes in the social safety net. Abolishing the Obamacare subsidies for health insurance isn’t going to happen. But the Republican Congress will seek to reduce them. It will also try to limit access to Medicaid, which provides health services to the poor. Trump won’t cut Social Security benefits, but he will try to raise the age of eligibility. Trump will aim to extend the tax cuts he introduced in 2017, which favor upper incomes. That will also be fine with me, but it still isn’t right.
He will also further limit abortion and LGBTQ rights and make education more Christian, less liberal, and less public. These are the essential demands of his evangelical base.
The political risks
Trump wants to prosecute his detractors. His two nominees for Attorney General are people who would gladly do that. Even unfounded investigations will cost Democrats and journalists both time and money. Such investigations will help him keep political opposition from growing. The Supreme Court’s decision to give official presidential acts with immunity will help to unshackle his worst impulses. With the two Houses of Congress under Republican control, he has little to fear from that corner.
Trump will want to appoint more Supreme Court justices, to guarantee continuation of the Republican majority. Justices Alito and Thomas can be expected to retire so that he can name younger clones. Press speculation suggests Trump wants a new FBI director. This despite the fact that the one he appointed in 2017 would normally serve ten years.
Trump’s re-election will embolden his base. It will continue to gerrymander House districts, limit voting rights, and destroy diversity programs. The goal will be to make those who hold power in America as white and male as possible. That is already clear in the Cabinet he has been naming.
Foreign policy
Trump’s future course in foreign affairs is more difficult to predict. The President has a great deal of latitude in foreign policy. Trump’s appointments so far are a mixed bag. Marco Rubio as Secretary of State and Michael Waltz as National Security Adviser are well within the normal political spectrum. So too is Ukraine envoy Keith Kellogg. He is an advocate of giving Ukraine what it needs to reach a satisfactory negotiated settlement with Russia.
None of those are friends of Russian President Putin. But Tulsi Gabbard is. If confirmed, she will be Director of National Intelligence. Teamed with a very partisan John Ratcliffe at CIA, Trump can be assured of no resistance from the intel community.
Trump’s choice of Mike Huckabee, an evangelical stalwart, as ambassador to Israel guarantees a pro-Netanyahu policy. On Palestinian issues, including Gaza and the West Bank, we should expect Trump to be even more pro-Israel than Biden.
On lots of other foreign policy issues, there are few indications. Waltz is a China hawk but it is not clear what that will mean for the American commitment to Taiwan. In the past, Trump has been a “maximum pressure” guy on Iran. But what that might mean now that Iran is a nuclear threshold state isn’t clear.
The State Department will no doubt suffer a serious purge as well as a massive voluntary exodus of talent. But will that liberate Trump to do as he pleases? Or will it limit capabilities and lead to focus on future issues? Hard to tell.
Bottom line
Trump menaces many of the values I am grateful for. Thanksgiving anxieties are justified.