Are we supposed to take him literally but not seriously or is it the other way around? Are his rants those of a truly crazy person or can he really not know that his totally nutty rants are doing serious damage to the U.S.? https://heathercoxrichardson.substack.com/p/september-7-2026?r=1n8osb&utm_campaign=post&utm_medium=email
I had worried that Trump’s anti trade, protectionist instincts would do serious damage to our country, but never dreamt that he would so blatantly abuse executive power against his domestic enemies and would so quickly turn almost the whole world, our allies included, against us, something not good for the country. By the way, U.S. manufacturing output is the greatest it has ever been. Manufacturing employment, on the other hand, has decline some because of increases in labor productivity.
The party that had aways best reflected my views on the policies that best served us, the Republican Party, has totally failed to uphold congress’s constitutional responsibilities to block Trump’s lawlessness. As much as I hate to say it, our (the country’s) only hope to stop Trump before his picture and name are on every building in town and almost every country in the world (I leave it to you to decide which might still like Trump) has condemned us and refused to cooperate with us, is to elect a Democratic congress in November. I think this will happen whatever the courts rule on mail in ballets. I always vote in person on election day anyway.
Author: Warren Coats
I specialize in advising central banks on monetary policy and the development of the capacity to formulate and implement monetary policy. I joined the International Monetary Fund in 1975 from which I retired in 2003 as Assistant Director of the Monetary and Financial Systems Department. While at the IMF I led or participated in missions to the central banks of over twenty countries (including Afghanistan, Bosnia, Croatia, Egypt, Iraq, Israel, Kazakhstan, Kenya, Kosovo, Kyrgystan, Moldova, Serbia, Turkey, West Bank and Gaza Strip, and Zimbabwe) and was seconded as a visiting economist to the Board of Governors of the Federal Reserve System (1979-80), and to the World Bank's World Development Report team in 1989. After retirement from the IMF I was a member of the Board of the Cayman Islands Monetary Authority from 2003-10 and of the editorial board of the Cayman Financial Review from 2010-2017. Prior to joining the IMF I was Assistant Prof of Economics at UVa from 1970-75. I am currently a fellow of Johns Hopkins Krieger School of Arts and Sciences, Institute for Applied Economics, Global Health, and the Study of Business Enterprise. In March 2019 Central Banking Journal awarded me for my “Outstanding Contribution for Capacity Building.” My recent books are One Currency for Bosnia: Creating the Central Bank of Bosnia and Herzegovina; My Travels in the Former Soviet Union; My Travels to Afghanistan; My Travels to Jerusalem; and My Travels to Baghdad. I have a BA in Economics from the UC Berkeley and a PhD in Economics from the University of Chicago. My dissertation committee was chaired by Milton Friedman and included Robert J. Gordon. I live in National Landing Va 22202
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So it’s better to die by the left-wing poison of a Democratic Congress?
While I know I will dislike many policies advanced by the Democrats, I really don’t think their poison will be as deadly as Trump’s (unless the Republics wake up)
The most likely outcome now is a Democratic House and Republican Senate. I could suffer that, but not a bicameral Dem Congress.