Sunday, August 30, 2020

A Most Consequential Presidency

As Donald Trump is about to be nominated for a second term, how his presidency has already altered the orientation of his party is on display.
Under Trump, the GOP ceased to be a party of small government whose yardstick of success was how close it came to a balanced budget.
Trump signed on this spring to $3 trillion in deficit spending to rescue the economy from a depression into which the government had shoved it to control the spread of the coronavirus. He is prepared to spend a trillion dollars more.
By opening new lands and seas to exploration, building pipelines, permitting fracking and slashing regulations, Trump has brought the U.S. to an energy independence which other presidents only promised.
The Trump GOP has abandoned an ideological commitment to free trade that dates back to the Kennedy administration and reembraced the economic nationalism of the 19th-century Republicans who built the world’s greatest industrial and manufacturing power.
Globalism has been relegated to the ash heap of history as our populist president trashed the Trans-Pacific Partnership, the Iran nuclear deal and the Paris climate accords, and began to impose tariffs on countries that have looted America’s manufacturing base.
While Trump has been prevented by the Russophobia of our Beltway elites from seeking a detente with Vladimir Putin, he has managed to avoid a military collision.
Trump has also ended the decades-long freeriding of NATO allies on the U.S. defense budget, convincing many of them to contribute more.
He has made the Republican Party the pro-Israel Party, recognizing Israel’s annexation of the occupied Golan Heights and East Jerusalem by moving the U.S. embassy there. He effected the recognition of Israel by the UAE in return for Bibi Netanyahu’s postponement of the annexation of the 30% of the West Bank envisioned in Trump’s own “Deal of the Century.”
Read the rest from Patrick J. Buchanan HERE.

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