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If they want to win the midterms next year, Democrats should really return in a big way to that old chestnut from the Bill Clinton era: "It's the economy, stupid." Because that is where both Donald Trump and his fellow Republicans are the weakest, and the economy is almost always either at or very near the top of the list of issues voters care the most about.
While campaigning, Donald Trump promised the world he would end the war in Ukraine on his first day in office. Sometimes he even one-upped himself, suggesting he could probably end the war before he was even sworn in.
That, of course, didn't happen. Here we are more than 200 days in to Trump's second term, and the war rages on.
Donald Trump likes to see himself as a strongman -- a real "tough guy." But what we've seen is that he is at heart no more than a bully who immediately backs down when confronted with a truly strong opponent. Vladimir Putin is fully aware of this fact. Which all sets the stage for their summit meeting this Friday in Alaska.
[Donald Trump today, while speaking on an unrelated subject:]
You know, I'm going to see Putin. I'm going to Russia on Friday.
[Friday, dateline Alaska. Donald Trump emerges from his meeting with Russia's Vladimir Putin and takes the podium:]
I am pleased to announce that President Putin and I have made a deal. Part of it covers Ukraine, which I will get to in a little bit. But here's the big news -- I have agreed to sell back to Russia all of the state of Alaska above the Arctic Circle. Not a lot of people know this, but Russia actually owned all of Alaska a while ago. That's right! The land we're standing on right now was actually part of Russia -- who knew?
Two stories dominated the political headlines this week: Texas Democrats fleeing the state to halt the Republican-dominated legislature's efforts to redraw their U.S. House district lines to hand Republicans five more safe seats, and Donald Trump letting incredibly high tariffs begin against over 90 countries worldwide.
We'll get to them in a moment, but what's more interesting is the dog that didn't bark today. Russia was supposed to have a "10-day deadline" to end its invasion of Ukraine, and steep tariffs were supposed to be slapped on them if Vladimir Putin hadn't manage to do so by today. However, nary a headline is talking about the tariffs that were supposed to appear, because once again Putin played Trump like a violin.
The world's economy changed today. The United States slapped new tariffs on dozens of countries early this morning, following through on Donald Trump's repeated threats to do so. What this is all going to do to world trade and the American economy is really anyone's guess at this point, but it's definitely going to have some sort of effect. American economic policy has returned to a high-tariff scenario not seen in over 90 years, which adds to the uncertainty about what happens next. Since there is no modern data for where we find ourselves now, nobody really knows what is going to happen. But there are a few things that we can intelligently guess about, the first of which is that prices are going to rise for American consumers on all kinds of goods, some of which will be mild price hikes and some of which will be huge:
We are now two days away from Donald Trump's latest arbitrary deadline with Russia's Vladimir Putin. Talks continued today, and seemed (from the little information released) to have at least been somewhat more productive than the last time any talks happened. But it's also highly unlikely that Putin will accept Trump's demand for a permanent ceasefire and a cessation of hostilities in Ukraine. The question now is what Putin will actually offer Trump and how Trump will react to it.
Today's job numbers are bad. There's no getting around it. So Donald Trump reacted to this bad news by immediately firing the messenger. Which is really bad. "Banana republic" bad, in fact. We should all expect Trump to name the next head of the Bureau of Labor Statistics who will then dutifully report next month that "in August, America added eight million new jobs, thanks to our Dear Leader's brilliance." Because that is obviously what Trump wants to hear, instead of any proof that the fantasy world he inhabits in his head is rosier than the actual reality in which the rest of us live.
The next few weeks could be fairly pivotal for the U.S. economy, with new monthly economic numbers being released telling us where we are now, while perhaps new tariff numbers will be imposed by the end of the week which may tell us where we are headed with the rest of the world. All of these outcomes hinge mostly on how Donald Trump's big trade war with the rest of the planet continues to play out.
Why is Russia so special to Donald Trump? Why does Trump always give Vladimir Putin a free pass? Those are questions that have long been asked (for various reasons), ever since Trump entered politics. But no matter what the actual answer is (many have speculated, but nobody truly knows, other than Trump himself), the fact that Trump treats Vladimir Putin's Russia with kid gloves is an incontrovertible fact.
The most recent glaring example of this is how Russia has (up to this point) been declared exempt from Trump's global trade war. Trump has been all over the map with his tariff threats, but one part of it has remained consistent: a 10 percent tariff on all countries, no matter what. This initially included every country Team Trump could find on a map -- including one solely populated by penguins -- but not Russia.
Once again, this week was consumed by an out-of-control political fire that is engulfing Donald Trump, his attorney general, the F.B.I., and all of Trump's fellow Republicans in Congress. They built a political Ponzi scheme out of the Epstein files, and it has now completely collapsed around them.