Your generous
donations help keep
this site running.
Visa/MC/PayPal accepted.
The deficit hawks have all flown south, it seems. This is a cyclical migration, because it happens whenever a Republican occupies the White House. When a Democrat moves in, the deficit hawks all return from sunnier climes and begin beating their chests and rending their garments once again. For Washington, this is considered normal.
Will the "Trump Bump" turn into the "Trump Slump," or will the president somehow manage to successfully shift the political blame? That is the question on everyone's mind in Washington today, as the Dow Jones average slipped close to 1,200 points, after falling over 600 points last Friday. Trump has been overly eager to claim all the credit for a soaring stock market, so now that a bear seems to have taken hold of Wall Street, will he shoulder an equal share of the blame as the credit he's been claiming all along? That seems doubtful, knowing his aversion to accepting blame for pretty much anything under the sun.
As usual, I hereby offer up my initial snap reactions after watching both President Trump's first official State Of The Union speech (last year's was just "an address to the Congress"), and the Democratic response. I like to do this before I dive in to what others may have opined about the speech, so as not to be influenced by any Washington media groupthink. Tomorrow morning, I'll be able to see who agreed with me and who didn't, of course.
Tomorrow night, President Donald Trump will give his first official State Of The Union speech. The White House is leaking that his speech will be the first where he reaches out in an attempt to unify the country and offer bipartisan leadership to Congress. That is a pretty tall order for this particular president, for obvious reasons. But even if he manages to deliver an impressive speech, it's not likely to change anything afterwards. At least not in the way of actual bipartisan legislation, since Democrats are not likely to strike such deals right before a midterm election that could put them in a much better bargaining position afterwards.
The state of Vermont has just made some history. It has become the first state in the Union to legalize the recreational adult use of marijuana through its legislature. There was no citizens' referendum where the people voted the new law in; instead, representative democracy worked as designed -- a clear majority of Vermonters were in favor of legalization and their elected representatives actually represented this viewpoint by changing the law. This is important because there are many states like Vermont (24 in total) where the direct democracy of ballot initiatives never took hold. When the people can't directly vote on the issue, it is up to the state government to act, to put it another way. Vermont will become the ninth state with legal recreational marijuana this July, when the new law takes effect. Over one-fifth of the American population now lives where weed is legal. Marijuana legalization can now be said to have reached -- and passed -- the tipping point. There is no going back, at this point, to the failed War On Weed, which has been waged for approximately the last century of American history. All that is really left to happen is for the federal government to wake up to this new reality. That may still take a few years, but at this point it has to be seen as all but inevitable.
Congressional Republicans are reportedly (and not too unsurprisingly) gearing up to run their midterm election campaign on their only significant legislative achievement to date, the tax cut bill. Democrats are also fighting for the battle of public perception over what the bill accomplished (and didn't), and the public is probably going to be rather malleable on the issue right up to the election (and beyond). Because the real effect of the tax code changes -- both good and bad -- won't be realized by most taxpayers for over a year.
Where we find ourselves as a nation: this week, the not-at-all-liberal Wall Street Journal broke the story that Donald Trump paid off a porn star mere days before the 2016 election, to the tune of $130,000, to keep her silence about an affair they had right after he had married his third wife. It was later revealed by In Touch Weekly magazine that Trump had compared the porn star (stage name: Stormy Daniels) favorably with his daughter. And yet this news didn't even really break onto the front pages. After one year of President Trump, such a revelation is considered minor news, in other words. That's where we find ourselves as a nation, folks.
As I write this, the House of Representatives appears to be ready to hold a vote on the one-month budget extension (continuing resolution), which likely means Paul Ryan has successfully twisted enough arms of the Freedom Caucus (né Tea Partiers) and now has the votes he needs to get the bill passed. Up until a few hours ago, even this was uncertain, showing how Republicans are struggling even among themselves to get anything done. And that's before the bill goes over to the Senate, where it will likely die. Will this lead to a government shutdown tomorrow night? Or will some last-minute deal be struck to keep the doors open? At this point, nobody knows.
President Trump sat down today with the Democratic and Republican congressional leadership, in an attempt to hash out a compromise on immigration (specifically, the DACA program that Trump suspended). The larger budget negotiations may hinge on getting such a deal, but at this point the two sides are pretty far apart. Where Trump stands on the issue is pretty clear, which is to say he just wants to sign something and doesn't really care what's in it. This was evidenced by him appearing to agree with Nancy Pelosi and Chuck Schumer about the need for a "clean DACA" bill in the negotiations, only to be yanked back by the Republicans in the room who want a whole lot more than a clean DACA bill. But it's obvious Trump just wants a bill to sign, no matter what it contains.
What's that you say? Trump's golfing wasn't the big story this week? There was, in fact a Wolff at the door, and nobody's certain yet whether Trump lives in a house built of straw(men) or brick (as in: "thick as a...")?