Thursday, January 5, 2017

Our new fearless leaders flounder on

It should come as no surprise that any group or concept containing the word intelligence would be anathema to Donald Trump. He doesn't need any pointy headed professionals explaining things to him. He knows things that other people don't. It would be wonderful if someone could surreptitiously film and distribute his meeting tomorrow with the heads of the intelligence agencies. It could be some of the most entertaining political satire, even if inadvertent on the part of Donald Trump, since Groucho Marx was the prime minister of Fredonia.

On the economic front, during the the campaigns it was, One thought, Clear is that perhaps the only Area of agreement twixt the R's and the D's was the need for infrastructure development and the con -comitent creation of jobs. Now the Republican Congress is going to delay any consideration of infrastructure development for at least 100 days. They seem to have no concept that there is a lag time between authorization and the start of construction. It is becoming increasingly clear that the Republicans cling to their fantasy that unleashed market forces will cure all. They seem obsessed with their economic models, particularly those favored by Paul Ryan, even though nonpartisan economists have consistently called them implausible. It is of course difficult to predict the future but these guys can't even look backward with clarity. I had thought that Kenneth Arrow, who received a Nobel prize for the economic model he created, long ago concluded that the conditions for those models to work are never met.

We are going to see if a sexually obsessed big businessman will be a successful leader of the country. It certainly worked for Italy with Berlusconi.

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