Time to address our ‘yuge’ issues

The corporate media threw all the dirt and garbage they could find or conjure up at Donald Trump and none of it stuck.

The more they tried to hurt him with printed words and sound bites, the better he looked to average people.

They predicted his electoral defeat by indignant media-saturated voters and they were wrong. Completely wrong.

What these media pundits and masterminds of Donald Trump’s political demise failed to realize was that people weren’t voting for The Donald – flawed and politically incompetent though he may be.

They were voting for the resonant message of the tactless billionaire tycoon which was pure populism, unapologetic nationalism, righteous anti-Globalism, and so much more.

It was the inevitable backlash by large swathes of voters to decades of "inclusive" multiculturalism and the growing sense of being relegated to the back of the line.

It was widespread anger over the bleeding away of lives and treasure in senseless wars in the Middle East and an establishment candidate promising more of the same.

It was Ross Perot’s "Giant Sucking Sound" of thousands of U.S. factories and good paying skilled jobs being sent overseas, never to return.

It was poorly enforced immigration laws and the awareness among voters of the impending loss of national sovereignty and national identity to a Globalist vision of a borderless hemispheric union.

And, finally, it was a mass awakening to the reality of a supranational financial ruling class directing America’s foreign and domestic affairs through the machinery of the government.

For this basket of "deplorable" voters, even crossing party lines in droves to vote for Trump, America was at a crossroads and in desperate need of a savior.

Donald Trump, in their minds, was that savior.

The outcome was truly astonishing, revealing the holes within and limitations of financial and media power.

Now, after the election, the credibility of Trump the egocentric businessman and his nationalist reconstructionist platform are at stake.

In Trump’s own jargon, America’s troubles are "yuge." Some might say they’re insurmountably huge at this late stage – even for Trump.

When Trump is sworn into office in January he will inherit a growing national debt of $20 trillion along with $500 billion per year in foreign trade deficits, since America imports far more than it exports, because the country’s industrial base has been dismantled and offshored.

Factor in the nation’s unfunded liabilities like Social Security and Medicare and it’s a fiscal hole $200 trillion deep by some estimates. America’s GDP is around $12 trillion.

The situation is truly horrible and appears to be far beyond the simplistic remedy of Trump’s proposed tax cuts and his unarticulated plan to bring America’s outsourced factories back home.

Cheap labor and narrow Globalist foreign trade policy enabled the loss of these key industries to foreign competition. It will take an aggressive national trade policy and cheap labor to lure them back to the U.S., and years of retooling of long mothballed factories.

Until that day of industrial revival, the unemployed American factory worker won’t be reaping much benefit from a rapidly expanding part-time service economy.

With the Great Recession of 2008, America had a chance to set the scales right by allowing the big banks to fail and the financial system to purge itself of an ocean of toxic debt. Then Wall Street and the government got together and deemed these corrupt institutions "too big to fail."

When it comes to the media and winning a presidential election, Donald Trump seems bullet proof for now. But when it comes to a massively damaged and "rigged" U.S. economy, he may find it’s just too sick to try to save in one or two terms in office – if it can be saved at all.

The Eagle Times

Claremont