Irrelevant Trump Wingeing, and Some on the Free Market.
January 5, 2017 18 Comments
Yesterday, Jan Hansenn in comments proposed that we are not logical in our hopes for Trump, that others fear him, not because he may succeed but that he may damage the country, and finally that his business career is not all that successful. He also referenced sites that I consider mostly fake news, the New York Times, and Newsweek. But that’s still common, and many share the delusion (including the purveyors) that they provide real news.
I think he is wrong and Kurt Schlicter is right, categorically, that is my conclusion, and the only one that fits. My article and Colonel Schlichter’s had little to do with Trump, in fact. They were expositions of why the so-called Progressives are acting like a bunch of spoiled brats who want a do over. The thing they, and Jan, need to realize is that about 12 Noon on January 20, Donald Trump will become the 45th President of the United States. Your reservations, fears, and my hopes, in fact, all of our feelings about him are simply irrelevant. He is the President -Elect.
But what is the wonder of an age to me, is the sight of a plurality of the country, and a good percentage of the world, denying these facts. Trying to reverse a deal as done as Jodl’s signature on the surrender of Nazi Germany. It’s over, kiddies. We can argue about cabinet picks, Supreme Court justices, policies, and many other things. For the most part you, and occasionally I will lose. It’s real simple, elections have consequences, and he won. For good or bad, he will be President. Deal with it, Snowflakes.
America doesn’t do do-overs. That’s Europe’s thing, to keep voting until the elites get the answer they want. If you remember way back there in 2008, most of us thought Obama had some pretty looney ideas, but we were prepared to give him a chance, until about the time of that speech in Cairo, anyway. Speaking of damaging the country. We managed to survive, although it was tough, and I’d guess we’ll make it through the next fortnight as well.
Then we’ll see, all of us, how he does. I’m pretty confident he’ll be the best president since Reagan, and perhaps since Coolidge. But that remains to be seen, he could be a total flop, but if he can accomplish a third of what he wants to, it’s likely to become known as ‘the Roaring Teens’.
There is a reason, several really, but one salient one, why I am almost always opposed to government interference in markets. It could easily be summarized as “they do not know what they do”. Mostly we call it the law of unintended consequences. It echoes through almost every piece of legislation and regulation that the government does (see Obamacare). That’s why Coolidge was right, it is much better for the government to not do, than to do, especially if they know not what they are doing. The best thing for the workers, whether blue or white collar, for the investors, and indeed for the country, is for the government to get the hell out of the way.
That is why we were a bit disappointed with Trump’s handling of the Carrier thing. Offsetting that, though, is this: a promise is a promise.
Dan Mitchell has more on the economic thing, here. Read it and absorb it, because he, and Bastiat, are simply correct.