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Andrew Tobias
Andrew Tobias

Money and Other Subjects

The Debate

June 26, 2024

I’m guessing the President will do fine, especially if anyone cares about the dignity of the office or the direction of the country. (Or competence or integrity.)

Trump is a magnificent human specimen — his doctor tells us there’s never been such a healthy president — and his testosterone level is off the charts.  He’s quite literally in the fake wrestling hall of fame.  As a showman and demagogue, no one beats him.

But testosterone and entertainment value are not what the presidency is about.

Richard Greene nails the age issue in 30 seconds.

To the two issues he highlights, add any that matter to you:

Climate?  Voting rights? Health care?

The rule of law?  The peaceful transfer of power?

Infrastructure?  Ukraine?

The bi-partisan bill Trump killed that would finally have ended the border crisis?

(That’s his crisis!  He needs it to regain power!  How dare any Republican vote to end it!)

Or — to go back to the most basic issue of all — how about the economy?

As noted yesterday, not one Fortune 100 CEO is a Trump contributor. Does that tell you they think he’d be good for business?  Good for the economy?  Good for the country?  Good for your 401(k)?  Good for the price of all the goods and raw materials consumers and businesses import?  He promises to raise all those prices by imposing tariffs.


Mr. Trump continues to suffer from the lowest level of corporate support in the history of the Republican Party. The reality is that the top corporate leaders working today, like many Americans, aren’t entirely comfortable with either Mr. Trump or President Biden. But they largely like — or at least can tolerate — one of them. They truly fear the other. Not a single Fortune 100 chief executive has donated to the candidate so far this year, which indicates a major break from overwhelming business and executive support for Republican presidential candidates dating back over a century.”


They fear him.

However brilliantly and cogently — and with however much factual accuracy, dignity, and decorum — Trump performs in tomorrow’s debate, we should fear him, too.

 

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"Money is a singular thing. It ranks with love as man’s greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce."

John Kenneth Galbraith, The Age of Uncertainty

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