Dear President Trump:
When you began your Presidential campaign in 2015 I feared that you were not up to the job. I argued that your lack of experience in governing and your penchant for bullying would make your presidency a disaster.
On the day of your inauguration I threw down and said I was keeping score.
In the last 3 years you’ve claimed victory for the progress of others and avoided responsibility for your own mistakes. Your tariffs have hurt farmers, your irresponsible promises have given coal minors false hope, and your attacks on honest journalists have given good, honest Americans doubt in those who strive to tell the truth.
All along your supporters have insisted that none of that matters because the stock market has done well. You and your supporters have argued that the bull market (stock market rise) began on January 20, 2017, the day you took office.
It didn’t. It started on March 9, 2009, six weeks into the administration of President Barack Obama. When he handed you the keys to the White House the stock market had grown 148.3% since his inauguration. You can see a fascinating graph here.
Your administration rode that wave well and at its peak grew 43.7% over President Obama.
But here’s the problem: anyone with a brain knew (knew) that it wouldn’t last. Markets go up (bull markets) and markets go down (bear market). A smart President wouldn’t have criticized the Federal Reserve demanding interest rate cuts in a bull market. A smart President would have know that if you cut interest rates during a bull market you worsen a bear market because there’s little or nothing left to cut. A smart President would know that if you claim credit for a good economy people will blame you for a bad one.
And if asked about the current market and skyrocketing unemployment statistics you and your supporters argue that this is entirely the result of the COVID-19 pandemic.
Furthermore you and your supporters will claim there was no way to predict this would happen. In other words, absent COVID-19 the United States would have seen eight years of previously unknown prosperity during your two terms in office.
But here’s the thing: we all knew that a previously unknown virus was always lurking out there somewhere. I know you like to brag about how many times you made the cover of Time Magazine. The cover story on May 15, 2017 warned that we were not ready for the next pandemic.
In addition there was the question about whether or not you eliminated a “pandemic office” in 2017. It’s a complicated question and you can read about it here.
But it doesn’t really matter. You have a history of ignoring facts that don’t fit your world view and you’ve spent the last 3 years ensuring that nobody in your orbit will challenge you. You’ve gone through dozens of cabinet members and staff who proved that they loved either the truth or the American people (or both) more than they craved your support.
Looking forward I have to confess I fear the next seven months. You’ve also spent the last three years not understanding that there are limits on your power. Famously 2018 your xenophobia led you to claim you could repeal the 14th Amendment by executive order.
I predict that you will attempt to call a national emergency and suspend the 2020 election. I predict that you will call on your supporters (and their guns) to report to the White House while you hole up and refuse to leave on January 20, 2021.
I hope I’m wrong but I wish I had more confidence.