It’s yet another irony of the Trump era. Mr. Trump thinks Europe’s economic regulations and trade barriers exist to take advantage of America. But the EU’s biggest victims are Europeans. Mr. Trump could just sit this one out.
I taught at Harvard from 1993 through 2014, and I don’t think the federal government’s threats will be effective at changing the university’s culture. Harvard’s leaders don’t yet understand the danger that culture poses to the country or why it required intervention.
But, like most tycoons, O’Leary takes issue with Trump’s 145 percent tariffs on most Chinese imports. The twist: O’Leary doesn’t think they’re too high. He thinks they aren’t high enough, arguing that China has been ignoring the trade rules that other developed countries abide by.
Imagine if Republicans gave the Trump Administration tens of billions of dollars to dole out to right-wing groups to sprinkle around to favored businesses. That’s what Democrats did in the Inflation Reduction Act (IRA).
It is not every day I am accused by the vice president of the United States of purveying “moralistic garbage” and “historical illiteracy,” and of being a “globalist.” But those were the charges leveled against me by J.D. Vance this morning.
Franklin D. Roosevelt fundamentally redefined the purpose of the federal government, setting off an era of ever-expanding Washington scope and reach. Nearly a century later, Donald Trump’s White House is taking it on itself to challenge the legitimacy of some foundations of that expansion.
Since its creation in 1979, the Department of Education has sent well more than $1 trillion to schools with the express purpose of closing the gaps between the highest and lowest performers. Today, those gaps are as wide as they have ever been, and by many measures, even wider.
The vibe shift has gone from the world of the fashionistas to the world of four-star admirals by way of the tech bros and the Trump–Musk campaign. It began as a revulsion against pronouns and piercings; it is culminating in a global repudiation of the liberal international order.
It’s morning in America, so I’m very happy. I think the analogy for what’s happening right now is 1980—the transition from the ’70s to the ’80s and the Carter-Reagan race.
With a decisive electoral mandate and a 6-3 conservative majority on the Supreme Court, DOGE has a historic opportunity for structural reductions in the federal government. We are prepared for the onslaught from entrenched interests in Washington. We expect to prevail.
