Democracy Dies in Dumbness

New York Times

11-03-2025

It used to be common knowledge — not just among policymakers and economists but also high school students with a grasp of history — that tariffs are a terrible idea. The phrase 'beggar thy neighbor' meant something to regular people, as did the names of Senator Reed Smoot and Representative Willis Hawley. Americans broadly understood how much their 1930 tariff, along with other protectionist and isolationist measures, did to turn a global economic crisis into another world war. Thirteen successive presidents all but vowed never to repeat those mistakes.
Until Donald Trump. Until him, no U.S. president has been so ignorant of the lessons of history. Until him, no U.S. president has been so incompetent in putting his own ideas into practice.
That's a conclusion that stock markets seem to have drawn as they plunged following the Trump triple whammy: first, tariff threats against our largest trading partners, spelling much higher costs; second, twice-repeated monthlong reprieves on some of those tariffs, meaning a zero-predictability business environment; finally, his tacit admission, to Maria Bartiromo of Fox News, that the United States could go into recession this year, and that it's a price he's willing to pay to do what he calls a 'big thing.'
In short, a willful, erratic and heedless president is prepared to risk both the U.S. and global economy to make his ideological point. This won't end well, especially in a no-guardrails administration staffed by a how-high team of enablers and toadies.
What else isn't going to end well, at least for the administration? Let's make a list.
The Department of Government Efficiency won't end well. It is neither a department nor efficient — and 'government efficiency' is, by Madisonian design, an oxymoron. A gutted I.R.S. work force won't lower your taxes: It will delay your refund. Mass firings of thousands of federal employees won't result in a more productive work force. It will mean a decade of litigation and billions of dollars in legal fees. High-profile eliminations of wasteful spending (some real, others not) won't make a dent in federal spending. They'll mask the untouchable drivers of our $36 trillion debt: Medicare, Medicaid, Social Security and defense.
The threats to our allies won't end well. It might seem sophomorically funny, sort of, to troll Justin Trudeau, just once, as 'governor' of 'the great state of Canada.' It's grotesque, horrifying and idiotic to contrive phony pretexts to embark on a relentless trade war against our friendliest neighbor — not least because it has suddenly boosted the political fortunes of Trudeau's successor, Mark Carney, at the expense of the Conservative leader, Pierre Poilievre.
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