Pulling out of TPP, as Trump just did, is a huge win for China, a major, major loss for us. Fareed Zakaria explains why, here. Maybe there’s still some way to rescue this, but I don’t see how.
Talk about self-inflicted wounds!
(Had Hillary won, I think she would have extracted exactly the sort of face-saving improvements Fareed describes and then seen President Obama’s extraordinary accomplishment through to fruition. Take at least the first couple of minutes to watch.)
And speaking of President Obama’s accomplishments, take 16 minutes to be immensely proud of your country and our immediate past President. I’m trying to get the transcript to print and frame.
The Dutch are among the world’s citizens trying to make sense of what’s happened. I think they inherited the happy gene, too, because they had some fun with it — here (four minutes).
Quote of the Day
Governments are necessarily continuing concerns. They have to keep going in good times and bad. They therefore need a wide margin of safety. If taxes and debt are made all the people can bear when times are good, there will be certain disaster when times are bad.~Calvin Coolidge
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- Jan 24:
The Inauguration . . . PRKR, BOREF, CNF
- Jan 22:
The Other Pillow Guy*
- Jan 21:
How Great Was That?
- Jan 20:
You Respond To Umair Haque
- Jan 19:
The Three Big Lies
- Jan 18:
Two Harvard Grads Still For Trump
- Jan 15:
Of Insurrection, Inequality, And Your Stocks
- Jan 14:
Meanwhile . . .
- Jan 13:
Ronald Reagan Speaks
- Jan 12:
What Do Adelson and Netanyahu Think?
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