An Appeal to the Savvy Trump Voter
There is a class of voters who voted for
Trump in 2016, and are considering voting for him again, who are too
sophisticated to believe his many lies, or to take the Fox News propaganda
machine seriously. These are the people who might say something like this, at
least pre-pandemic: “O.K. it’s true. Trump is a racist, misogynist, divisive, childish,
mean-spirited bully. But hey, he’s done great on the economy.”
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Since then we’ve
had a pandemic that has resulted in 225,000 deaths with no end in sight, caused at least in part by the misinformation and inaction of the Trump Administration. And we have a nearly eight percent unemployment rate, with many unemployed long term. Also,
Trump has made clear his willingness to upend our unbroken 230-year constitutional
tradition of permitting the peaceful transfer of power, based on baseless accusations against mail-in voting. This stance alone, together
with his lack of leadership on Covid-19, should disqualify Trump from a second
term. But for those who are still considering voting for him because he’s “good
for the economy,” maybe it’s time to re-examine that claim.
First, it’s pretty
well accepted that a president’s role – any president’s – in the economy
is exaggerated:
he gets more credit and more blame than is warranted for an economy largely
determined by forces beyond his control. It’s also true, as these charts
published by
Business Insider
back in October 2019 show, that Trump’s record on the economy was very similar
to Obama’s in terms of job creation and overall economic growth. In fact it was
Obama/Biden who did the heavy lifting of pulling the economy out of a deep
recession, and under Trump, the economy finally reaped the benefits of a long
recovery, when employment, which had been steadily rising since 2010, finally began
to push wages up. (See Ben Casselman, Why Wages Are Finally Rising, 10 Years
After the Recession, N.Y. Times, May 2, 2019)
Trump’s economic policy
initiatives scarcely helped those who needed it the most. Tax cuts that were urged by Republican donors and carried by the Republican Congress mainly benefitted the rich and had
a
only small and temporary stimulating effect on economic growth and business
investment,
but increased the deficit and inequality.
His program of deregulation, while it
may have pruned back some unnecessary regulations, took a wrecking ball to
environmental protections, reversing or now in the process of reversing
about 100 environmental regulations,
many designed to fight climate change. The Trump voter who is smart enough not
to believe Trump/Fox News propaganda is also smart enough to know that climate
change has become an extremely serious threat. And this is not like some
environmental issues, e.g., save the spotted owl, where the connection between
the environment and the economy is obscure.
Morgan Stanley has estimated
that climate change already has cost the economies of North America $415 billion
over the past three years in the form of damage from hurricanes, wildfires and
other extreme weather events. The impact is projected to be much greater as the
planet’s temperature rises. How can someone who labels climate changes a hoax
be a good steward of our economy?
One thing I would give Trump credit
for is changing the conversation about trade. The elites in both parties
underestimated the pain caused by so-called free trade. In this respect Trump
had areas of commonality with the progressive Democrats, whom he routinely bashes, in
their skepticism of NAFTA and unfair trade relations with China. The skepticism has now become mainstream in the Democratic Party and is reflected in Biden’s
“Buy American” trade policy. But to actually implement fairer trade, and counter
the expansionist initiatives of the Chinese Communist Party, we need a carefully
built coalitions with our European and Asian allies. Building coalitions and being careful aren't part of Trump’s skill set.
We should be clear that there is no evidence that
Trump has some kind of great competence on the economy that somehow compensates
for his flagrant attempt to discredit democratic elections, his fatal
mishandling of the coronavirus crisis, and the other Trump failures and outrages. The savvy Trump voter won’t be a Trump
voter this time around.
Robert Katz
Robert Katz served as a staff attorney and supervising attorney at the
California Supreme Court from 1993-2018. Before that he was in private practice
representing public agencies, and worked as a newspaper reporter covering local
government in Santa Cruz County.
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