Wednesday, November 9, 2016

Quick views on Trump (did we forget Brexit already)

When the Brexit vote stunned the world’s elite (obviously it didn’t stun the millions who voted for it) I wrote about some simple lessons that are too easily ignored in “normal” times. 

With Trump winning the US election, perhaps it is again worth reflecting on how the world’s elites misread the public mood so badly.

  1. Elites seem to believe the public will eat up their lies, but then they deludedly thought that exposing Trump’s lies would bring him down. Facts Don’t Matter. To either side!
 Look at the lies from celebrities promising to leave the country. Anyone could see through it!
  2. Again, technocrats underestimated human tendencies to blame outsiders for their woes. Despite being a believer in multiculturalism, the basic reality is that high levels of immigration reduce labour’s bargaining power.

  3. This disconnect is clearly seen in the way the media “looks to the markets” as a way to gauge views on political decisions like this (see top image). That’s total crap. No one gives two hoots about the financial markets unless they are part of the wealthy elite. In fact, this is a victory for his supporters who see, quite legitimately, that the worship of financial markets has distracted politicians from the needs of the vast majority people who have not a cent at risk in those markets.
  4. The Australian media portrayed the land down under as a country of moderates who were disappointed about Trump’s win. That’s complete nonsense. While it may reflect the reaction in my social circles, and maybe yours, just remember that Australia already has a more inhumane immigration policy than what Trump proposes, and already has whole bunch of nut cases elected to government at all levels. Trump would be amongst like-minded friends in the halls of most Australian governments. 

  5. It’s almost like the elites were speaking Latin, and the masses speaking english. The elites simply couldn’t understand Trump’s appeal, and their lack of appeal. He lies. He objectifies women. That signals he is a normal human being. Unlike the faux outrage, most common people realise humans, god forbid, pursue each other for sex. He talks about a wall along the Mexican border and everyone goes crazy. Almost as if they forget there is already a bloody wall! There are about 1,000km of barriers, fences and walls on that border!

  6. The US is already a country taking political prisoners, torturing whistle-blowers, invading countries on false pretences and against the will of international organisations, and conducting mass surveillance on its own citizens. They already deport illegal immigrants and have a border wall. The political classes failed to punish anyone on Wall Street after the financial crisis, yet also then failed to take on public investment programs to support the wage-earning classes. They already have police killing black people routinely. What exactly is Trump going to do?


  1. "Despite being a believer in multiculturalism, the basic reality is that high levels of immigration reduce labour’s bargaining power.

    How much multiculturalism do we need?

    I have a friend who has a son who completed an accounting degree. He spent three years applying for 300 jobs - and only received one response. Some months ago, there was a newspaper report saying that in 2014/2015 over 5,000 accountants had been imported under the 457 visa scheme. How crazy is that? Who does it serve? Not Australia's youth.

    "What exactly is Trump going to do?"

    Probably behave in a manner consistent with his class. However, if he doesn't deliver what he promised the working class democrat defectors, I would imagine the democrat fury seen on US city streets in the last few days will be nothing compared to the fury vented by his newly found rust belt constituency. He wants to boost defence spending, embark on a programme of physical and social infrastructure renewal and reduce corporate taxes. Eliminating Obamacare may balance the books to some extent. Is it possible a Republican Congress will let all this thru?


  2. Cameron,

    I was wondering why you removed my comments?


    1. I did a big clean out of spam comments. Yours got clicked. It's back up.