Tag: donald trump
Trump Is 'Godfather In Reverse' -- And Now Faces Economic Catastrophe

Trump Is 'Godfather In Reverse' -- And Now Faces Economic Catastrophe

Yesterday’s election in Canada was a bit closer than polls predicted. Nonetheless, Mark Carney’s Liberal Party, which appeared doomed just two months ago, won a solid victory. And the credit goes mainly to Donald Trump.

If Trump had merely made economic demands on our northern neighbor, Canada might have acquiesced, although it’s not clear what concessions it could have made. But by repeatedly insisting that Canada must become the 51st state, he made any hint of Trumpiness toxic in Canadian politics. Hence the stunning defeat for Pierre Poilievre, the Conservative leader (who lost his own seat in Parliament.)

The Canadian election, then, demonstrates why Trumpist trade policy, and foreign policy in general, is doomed to catastrophic failure. Trump isn’t trying to drive tough substantive bargains. Mainly, he seems to want to indulge in narcissism, demanding that other nations humiliate themselves so he can put on a display of dominance. And America doesn’t have remotely enough leverage, even against Canada, to make such demands. You could say that Trump is a reverse Godfather, making offers other countries can’t accept.

Consider the state of negotiations — or, actually, non-negotiations, since talks appear to have broken down — with Japan, another country Trump appears to have thought he could bully. Japan does sell a lot to the United States and might have been willing to offer something to preserve its access to our market.

But reports indicate that Japanese representatives sent to Washington left without accomplishing anything because they found Trump’s people impossible to deal with. The Americans insisted that the Japanese make offers without giving any indication of what our side wanted — in effect, they demanded that Japan make a show of obeisance without any reason to believe that it would get anything in return. The Japanese government wouldn’t, probably couldn’t do that. After all, it has to answer to its own voters. So there is no deal.

And then there are the Chinese, who — unlike the Canadians or even the Japanese — probably have more economic leverage over us than we have over them. They have no interest in helping Trump sustain his fantasies of dominance. Bear in mind that Trump’s trade war is working out very well for them. Bloomberg reports that

President Xi Jinping’s diplomats are fanning out across the world with a clear message for countries cutting deals with Donald Trump: The US is a bully that can’t be trusted.

Unfortunately, they’re right. And Trump’s repeated insistence that the Chinese are negotiating with him, when they say they aren’t, comes across as pathetic.

Will Trump manage to make any trade deals? I guess it’s possible that Trump will announce trade deals with a few countries here and there. But his ability to get even fake deals is rapidly dwindling, for two reasons.

First, he’s plunging in the polls. True, he’s insisting that the polls are wrong and that pollsters should be investigated for election fraud. And the MAGA base may believe him. But this denial just makes him look even more pathetic to foreign governments, and they won’t be inclined to throw a drowning Trump a lifeline.

Second, Trump’s trade war is about to have a disastrous effect on the U.S. economy — more disastrous than even pessimistic economists, myself included, expected. Tariffs always raise prices. But the sheer size and suddenness of Trump’s tariffs, combined with the paralyzing effect of uncertainty about what comes next, are about to deliver a Covid-type supply shock to an economy already sliding into recession. This looming disaster, which will further weaken Trump, makes it even less likely that our main trading partners will help him pretend that he’s achieving anything.

Oh, and Amazon is planning to show the effects of tariffs on its prices — and the White House has gone berserk.

Back to Canada: Our northern neighbor is, along with Mexico, among the countries most at risk from Trump’s trade war. Canada does a lot of trade with the much larger U.S. economy. According to Statistics Canada, 2.6 million Canadians, 13 percent of the work force, are employed directly or indirectly producing goods exported to the United States. So U.S. tariffs will impose a huge shock on Canada’s economy.

It's not clear how much Carney can or will do to mitigate that shock. But he has no alternative to going elbows up: There’s no way to satisfy Trump’s demands. And you do have to wonder whether Trump will fold once it becomes clear how badly his trade war is going.

Paul Krugman is a Nobel Prize-winning economist and former professor at MIT and Princeton who now teaches at the City University of New York's Graduate Center. From 2000 to 2024, he wrote a column for The New York Times. Please consider subscribing to his Substack, where he now posts almost every day.

Reprinted with permission from Paul Krugman.


Jeffrey Epstein, Donald Trump, And MAGA's Misogynist Mythology

Jeffrey Epstein, Donald Trump, And MAGA's Misogynist Mythology

I never met Virginia Giuffre, but I knew a lot about her. The first time I read her name was in the summer of 2019, long after her years as one of dozens, perhaps hundreds, of teen girls and young women lured into Jeffrey Epstein’s world and passed around “like a plate of fruit,” as she put it, to powerful men. Her name was prominent in hundreds of pages of court documents from a defamation case Giuffre had filed against Epstein procurer, Ghislaine Maxwell.

Maxwell, a wealthy British socialite, had publicly called Giuffre a liar for claiming that Epstein trafficked her around to powerful men, including Prince Andrew. Giuffre took her to court, and Maxwell eventually settled, but the record remained sealed until just a day or two before Epstein died.

The documents were filled with redactions – powerful men had been fighting the release of their names in court for years – but it was also filled with horrifying Easter eggs, like depositions from other teens lured into Epstein’s Palm Beach lair, household staff describing the endless parade of girls paid by Maxwell, some of them lost and terrified.

I sat up all night, glued to the stomach-turning pages, and wrote about the documents for Rolling Stone a few days later. In 2020, I worked as executive producer on a three-part series about Ghislaine Maxwell, still streaming on Peacock.

That’s all to say: I never met Virginia Giuffre, but I knew a lot about her. As does most of the informed public and the legion of Epstein conspiracy theorists. I know enough to recognize that the MAGA cult belief that Donald Trump was put on this Earth to vanquish “pedophile”* sex trafficker Epstein and his ilk ought to go down in history as one of the greatest branding psy ops in recorded history. Trump and Epstein were close pals, sleazeball, greasy, handsy Manhattan modelizer running buddies in the 1980s, a fact easily ascertained in pictures, and if you don’t want to believe your eyes, listen to recorded tapes of Jeffrey Epstein that Michael Wolff released last fall.

I might have liked to talk to Virginia someday, but now she’s dead, reportedly by suicide, after long battles with physical ailments and depression. Virginia, like many girls lured into the sex trade, had already endured a difficult childhood: she was from a poor family, abused by a family friend at age 11, and in and out of foster care. Maxwell, always cruising for fresh teen flesh for her sometime boyfriend Epstein, found Giuffre (then Virginia Roberts) at age 17, working as a “spa attendant” at Trump’s Mar-a-Lago club.

Maxwell and Epstein soon groomed Giuffre into a plaything under their control, a young woman without agency. And that is not good for any woman’s mental or physical health.

There is a cherished lie that many men – and some women – tell themselves that women like Virginia are naturally pliant and happy to service men for money as part of “the oldest profession.”

This myth of the happily pliant and transactional female is not just resurgent but increasingly enforced in the Trump years. We are now witnessing increasingly brazen applications of raw state power over female physical autonomy, reduced public authority for women including electoral disenfranchisement, forced marriage via legally limiting divorce options, public humiliation and threats of violence toward women in power, social and cultural marginalization and erasure of women, and the reduction of women’s roles from economic agency to isolated baby-maker in abject dependence on a man.

You hear it in public statements – utterly unthinkable just five years ago – that maybe women shouldn’t vote because husbands know best, that no fault divorce should be rescinded because it’s too easy for women to leave their household duties, and that women should not have jobs. Conservative commentator Matt Walsh and others have even started to attack their own prominent working women on the right as de facto feminists.

You see it in Mark Zuckerberg’s latest project, revealed in the Wall Street Journal - a sex-playing AI chatbot that can pretend to be a “Submissive Schoolgirl” pretending its interlocutor is a middle school principal. Zuck is so pissed he missed out on Snapchat, he whined to colleagues, he wants to get out ahead on the AI sex bot.

You see it in Elon Musk’s insane harem of an untold number of women paid to incubate IVF embryos selected for male chromosomes.

You see it in porn that suggests girls and women like to be choked – which we now empirically know causes violence against women in the real world.

The Silicon Valley authors of our virtual world have been setting this up for a long time. It’s all around us. Online, we swim in a miasma of sexism. Ask AI Google what women want. I did this recently, looking for the famous Freud quote. AI will tell you that what we women want is empathy, love, and affection from a man, and nothing more than a relationship. Ask it the same question about men, and it adds an entire section about what men want beyond a partner, all of which have to do with worldly accomplishments.

This is exactly the crap that Christian nationalist pastors like the utterly mad and yet influential Doug Wilson (one degree separated from open affiliation with Vice President JD Vance) preaches, besides arguing that marital rape is impossible by definition, that women are constitutionally incapable of having a “mission” or “purpose” in life beyond marriage and childbearing, while men require the chance at least to aspire to greatness through worldly accomplishments. (The sermon is here, titled “The Natural Use of a Woman”.)

This age-old mythology was born in the eons before contraception, modern medicine and rape laws, in the dark ages when women were denied even a glimmer of economic independence and died often in childbirth. It has survived the epochal changes that modern science and feminists have managed to achieve for women over the last several decades, and is now the framework on which the whole MAGA enterprise with respect to women lies.

The primary plank of the Trumpist anti feminist movement is the notion that a viable route – and perhaps the only viable route – to success as a woman is to have children and serve men who need assurance that we are nothing more than sexual playthings with no agency.

This is, of course, a lie – both that women could or should ever be reduced to that and that it’s any kind of path to real success. The sad childhood and adolescence, the slow physical decline, and now death by suicide of Virginia Giuffre – if it means anything, and it should – reminds us that the myth of the naturally pliant woman is evil and damaging. And it is absolutely at the core of MAGA politics with regard to women.

Nina Burleigh is a a journalist, author, documentary producer and adjunct professor at New York University's Arthur L. Carter Journalism Institute. She has written eight books including her recently published novel, Zero Visibility Possible.

Reprinted with permission from COURIER's American Freakshow.


Fox Strains To Justify Trump Extending His Tax Cut For Wealthiest

Fox Strains To Justify Trump Extending His Tax Cut For Wealthiest

Fox News personalities have gone all in supporting President Donald Trump’s plan to extend his unpopular 2017 tax cuts for the wealthy and corporations, offering a hodgepodge of justifications for why it’s necessary to keep taxes low for rich people and businesses as Congress moves to slash billions in social safety net programs.

Fox’s charm offensive comes as congressional Republicans debate the fine points of the looming budget, including how deeply they’ll reduce spending on Medicaid and nutrition assistance programs for working class families to offset the lost tax revenue. The two chambers have passed separate budget outlines, and both have Medicaid and other social safety net programs in their sights.

Extending Trump’s 2017 giveaway to the ultrawealthy

If the Republican Party were a factory, perhaps its only reliably produced widget would be regressive tax legislation. During Trump’s first term, his tax law — the main legislative achievement prior to the COVID-19 pandemic — primarily benefited the wealthy, with the astronomically rich realizing the greatest gains.

According to the nonpartisan Tax Policy Center, the top one percent of taxpayers were expected to pay about $61,000 less in taxes on average as a result of the law, and the top 0.1 percent could expect an average of about $252,000 in tax savings. By contrast, the bottom 60 percent of tax filers were expected to average less than $1,000 in relief — with the bottom 20 percent averaging a paltry $70 in tax savings.

Expert analysis shows that making Trump’s first term tax cuts permanent would exacerbate wealth inequality and mainly benefit the richest people in the United States. The Institute on Taxation and Economic Policy found that if Congress made the 2017 law permanent “the richest 1 percent of Americans would receive $44.1 billion in tax cuts” as a class, and would benefit from “an average tax cut of nearly $26,000.” As with the 2017 bill, the bottom 60 percent would save about $1,000 or less per year.

Large corporations also laughed all the way to the bank. A separate ITEP report found that Trump’s 2017 cuts meant that the country’s “largest, consistently profitable corporations saw their effective tax rates fall from an average of 22.0 percent to an average of 12.8 percent.” That same group of 296 firms saved a cool $240 billion in taxes from 2018 to 2021 relative to what they would have paid absent Trump’s giveaway.

Now, as Trump’s tariff policies threaten the domestic and international economy, Fox News appears determined to ensure the richest people in the country continue to benefit at the expense of working people.

Fox personalities oppose increasing top tax rates on moral grounds

All signs suggest that the eventual tax policy Trump and congressional Republicans enact will be a boon for the wealthy. Still, several Fox News figures reacted with horror to leaks from the White House that the president was potentially considering an increase in tax rates for top earners. Former Trump adviser Steve Bannon has been pushing to let the tax cuts expire for those in high-income brackets, and some within the White House have argued in favor of raising taxes on people who take home more than $1 million per year.

That outcome was always exceedingly unlikely — Trump put the notion to bed during a recent Oval Office presser — but even a whiff of progressive taxation was too much for Fox pundits.

On April 15 — Tax Day — Fox Business host and former Trump economic adviser Larry Kudlow appeared on Special Report With Bret Baier and offered a familiar argument against raising taxes on the wealthy.

“I thought the Republicans wanted to reward success, not punishing it,” Kudlow said. “This loose talk about a higher top — another new bracket for millionaires — I don’t think it’s a crime to be a millionaire by the way, small businesses would pay this top bracket. I do not understand this.”

“I can't believe Mr. Trump is going to go along with this,” Kudlow added. “He campaigned on, you know, extending his tax cuts.”

Reprinted with permission from Media Matters.

Trump White House Escalates War On The Press

Trump White House Escalates War On The Press

President Donald Trump is ramping up his assault on the press, opening new avenues for federal retribution against outlets which displease him as his administration prepares to mark 100 days in office.

Trump has long railed against journalists as the “enemy of the people,” used the power of the state as a cudgel against the industry in his first term, and promised more of the same in his second.

His return to office brought what Columbia Journalism Review’s Jon Allsop described as a “sharp, often contemptuous rupture” between the federal government and the press, with the White House seeking over the last few months to dominate reporters, place new restrictions on critical outlets, and lift up right-wing propagandists in their place.

The president’s threats against news outlets have been so extreme for so many years that by contrast, such moves struck some observers as “small beer” or “trivial nonsense.”

But Trump’s talk is cheap until it isn’t — at any time, on a whim, he or the assortment of ideologues and shills he’s appointed can set the gears of government grinding against his foes. And this weekend brought a sharp escalation and worrying signs for the future.

Justice Department ends restrictions protecting journalists

Attorney General Pam Bondi on Friday laid the groundwork for the imprisonment of journalists who produce reporting that damages the president’s interests.

In an internal Justice Department memo, Bondi rescinded Biden-era protections which restricted prosecutors “from seeking records and compelling testimony from members of the news media,” stating this was necessary “in order to identify and punish the source of improper leaks” by individuals whose conduct she described as “treasonous.”

Notably, her memo targets not just the leaking of classified information but also “disclosures that undermine President Trump’s policies, victimize government agencies, and cause harm to the American people.”

Trump regularly rails against reporting based on anonymous sources. Bondi’s move raises the prospect of the Trump administration responding to such reports by forcing reporters to choose between revealing their sources and going to jail.

Bondi, a Trump loyalist who previously parlayed frequent Fox appearances defending Trump into a post on his first impeachment legal defense team, will apparently be making the call over when the Justice Department uses that legal tool.

Other top prosecutors and investigators who might weigh in include her deputy, Emil Bove, who previously represented Trump in state and federal prosecutions; Ed Martin, the lawyer for January 6 defendant who now serves as interim U.S. attorney for the District of Columbia; FBI Director Kash Patel, who has called for the federal targeting of journalists; and his extremely online deputy, the former Fox host Dan Bongino.

How far will they go? Trump wants them to go very far indeed.

Trump calls for investigations of media pollsters

Trump responded on Monday to new surveys which show his approval ratings plunging in light of his catastrophic tariff rollout by calling for investigations into the pollsters and the media outlets which conduct them.

Trump claimed in an early morning post on Truth Social that results from New York Times/Siena and ABC/Washington Post polls were due to the surveys “looking for a negative result.”

“These people should be investigated for ELECTION FRAUD, and add in the FoxNews Pollster while you’re at it,” he wrote. “They are Negative Criminals who apologize to their subscribers and readers after I WIN ELECTIONS BIG, much bigger than their polls showed I would win, loose a lot of credibility, and then go on cheating and lying for the next cycle, only worse.”

Trump regularly accuses his media foes of breaking the law, and in a March speech at the Justice Department headquarters he instructed its employees to “watch for” their “totally illegal” behavior.

The president is currently suing Iowa pollster J. Ann Selzer over the results of one of her presidential campaign surveys.

Trump has personally dictated Justice Department investigations into two former officials from his first administration who became critics, as well as into ActBlue, the hub for Democratic campaign fundraising — and he could launch a similar legal assault on any news outlet which displeases him at any time.

A cry of desperation from CBS News

60 Minutes anchor Scott Pelley concluded Sunday’s broadcast with a blunt explanation for the resignation last week of Bill Owens, a journalist with decades of experience at CBS News and the show’s longtime executive producer.

“Our parent company, Paramount, is trying to complete a merger,” he said. “The Trump administration must approve it. Paramount began to supervise our content in new ways. None of our stories has been blocked, but Bill felt he had lost the independence that honest journalism requires.”

Trump and his administration had targeted CBS News for retribution following a 60 Minutes interview of Kamala Harris, the editing of which the president alleged had been unfair to him.

Trump launched a lawsuit seeking $10 billion in damages from the network, which First Amendment attorneys described as “ridiculous junk” and “a frivolous and dangerous attempt by a politician to control the news media.” Brendan Carr, his handpicked chair of the Federal Communications Commission, is conducting an investigation into the editing that former FCC commissioners have denounced.

Rather than stand firmly behind the company’s journalists, Paramount Chair Shari Redstone is reportedly seeking a settlement with Trump and an agreement with Carr that will allow the company’s merger to go through.

Trump gloats about media owners bowing to his will

Trump thinks he’s winning his battle against the press, as The Atlanticreported in a recent interview with the president:

“Tell the people at The Atlantic, if they’d write good stories and truthful stories, the magazine would be hot,” he said. Perhaps the magazine can risk forgoing hotness, he suggested, because it is owned by Laurene Powell Jobs, which buffers it, he implied, from commercial imperatives. But that doesn’t guarantee anything, he warned. “You know at some point, they give up,” he said, referring to media owners generally and—we suspected—[Washington Post owner Jeff] Bezos specifically. “At some point they say, No más, no más.” He laughed quietly.

Trump understands that many of the news outlets whose work he decries are owned by multinational corporations or wealthy magnates whose business interests make them vulnerable to federal retaliation.

After only a few months in office, he’s seen the pressure he’s exerted on CBS News push it to the breaking point, while the resolve of major newspaper owners is seemingly crumbling. And he has years more time in office to try to break them to his will.

Reprinted with permission from Media Matters.

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