So much for America First... It looks like we did not learn from Vietnam, Afghanistan or Iraq... I wonder how much this distraction will cost in tax dollars and American lives?
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11 comments:
When I listen to the Sunday morning news shows in the interims between soccer matches, what I hear is criticism of outcomes without any attempt to understand how and why the decisions were made that led to them. I have this feeling most often in relation to inflation. From the news coverage, one would think that Biden had a choice between inflation and non inflation and out of pure evil, chose the former. There is no sense at all that the current issue of inflation is just the most recent version of the debate between soft an hard money supporters that has existed as long as there has been cash. Similarly, we have reversed the skepticism of interventionism that has a long history in our country, and became firmly settled in our foreign policy with only a few, disastrous exceptions. We are now once again the world's policemen, without sense at all of why for generations now, we thought assuming that role is a bad idea.==Hiram
The irony of our economic policy is that as much as we abhor inflation, there were solid reasons for adopting measures we knew were inflationary. We chose them for other reasons. In the same way, President Trump who campaigned against inflation very successfully, has at every turn in his administration, adopted policies which whatever their other virtues, tended to raise prices.
Inflation is sort of a dirty word in our politics. When they speak of it, our leaders reflexively oppose it. But if we go just a little deeper, inflation just isn't an unmixed evil. Lots of people benefit from it direcly, and those people are often influential in deciding policy. In addition, a great many more people who may be hurt by inflation itself, benefit in other ways from inflationary policies. A lot of our politics these days has to do with the sorting out of this complexity.==Hiram
Trump certainly is "doing things"... For better or worse.
My concern as always is the endless spending more than we generate.. (ie DEBT)
It is fascinating to me that while Donald Trump campaigned against inflation, it is really hard for me to identify any choice he has made while in office wh. ere monetary concerns were an issue, where he hasn't chose the inflationary option. Protectionism raises prices. Lowering interest rates raises prices. Increases in defense expenditures raises prices. Waging wars in oil rich regions raises prices. I am not criticizing any of those decisions, at least not here, but what I am saying is that the reason we have inflation is that we prefer choices in policy for a number of reasons that have inflation as a secondary effect.==Hiram
A friend of mine observed that all Democrat policies end up hurting people. Of course they do. Any attempt to address any complicated issue will end up helping some people while hurting others. Policy is about tradeoffs. The reason why Republicans govern so welll is that they don't govern. They shift the burden, the hard choices on others, and then blame the people who end up making them.==hiram
I think I agree with most everything you wrote. :-O :-)
Bias is never a big issue for me because everyone writes from a certain perspective. That's their bias. When we write history, we write if from a current perspective, one in which we know how everything turned out, something that wasn't true of the people who actually lived it. That's something that fascinates me about old movies. They are faithful to their time because they were in their time. When I watch "Casablanca", I do it with a knowledge that no one in or associated with the movie knew how things would turn out.--hiram
However, isn't that about like watching a guy wander in the woods? Since all you have is his limited perspectives...
The parable of "smart people" (often "blind men" or "sages") feeling an elephant illustrates that individuals often mistake their narrow, subjective experiences for absolute truth. By only touching one part (trunk as snake, leg as tree, tail as rope), they argue over conflicting perceptions instead of collaborating to understand the whole.
Key details regarding the parable:
The Scenario: A group of people (often described as blind) encounter an elephant in the dark to determine what it is by touch.
The Interpretations: Each person touches a different part and forms a unique conclusion:
Side: A wall.
Tusk: A spear.
Trunk: A snake or plow.
Leg: A tree or pillar.
Ear: A fan.
Tail: A rope.
The Conflict: The individuals argue, as each is convinced they are right based on their personal, limited experience.
The Lesson: The story highlights the limitations of individual perception and the importance of combining perspectives to gain a complete, objective understanding.
Some versions feature a "wise man" or "king" who explains that all are partially correct, but none understand the whole, encouraging holistic, rather than specialized, thinking.
America is now very close to rejecting the ideas of international law established in the aftermath of world war II. Our foreign policy now is that if we have the military power and we choose to use it, we will. No furthe recourse either to intenational law or to domestic authority is irrelevant. There will be no security council meetings, there will be no requests of authority from Congress. There will be no more solemn speeches from the Oval Office interrupting Thursday night TV. The Putin doctrine has prevailed.==Hiram
Hopefully this will be unacceptable to the American people and they put a stop to it... However I do not hold high hopes for this unless it impacts their wallet.
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