IN NATIONAL REVIEW, OF ALL PLACES: This Thanksgiving, Thank Donald Trump:
This Thanksgiving, Americans in general — and free-market conservatives in particular — have plenty for which to be grateful. And much of it would be absent had the White House’s current occupant not become president on November 8, 2016. The day after Donald J. Trump defeated Hillary Clinton, Princeton University economist Paul Krugman called Trump’s victory “the mother of all adverse effects.” He predicted “very probably . . . a global recession, with no end in sight.” • The Dow Jones Industrial Average, NASDAQ, and S&P 500 all hit record highs on Tuesday. The Wilshire 5000 Index calculates that some $3.4 trillion in new wealth has been created since President Trump’s inauguration and $5.4 trillion since his election. Fueled by the reality of deregulation, expectations of lower taxes, and a new tone in Washington that applauds free enterprise rather than excoriate it, the economy is on fire. • Atop the second quarter’s 3.1 percent increase in real GDP, and 3.0 in 3Q, the New York Federal Reserve Bank predicts that 4Q output will expand by 3.8 percent. This far outpaces the feeble average-annual GDP growth rate of 1.5 percent on President Obama’s watch. Meanwhile, the IMF expects global GDP to rise by 3.5 percent this year. So much for a Trump-inspired “global recession.”
Unemployment is at 4.1 percent, a 17-year low. New unemployment claims in September were at their most modest since 1974. Goldman Sachs on November 20 “lowered our unemployment rate forecast to 3.7 percent by end-2018 and 3.5 percent by end-2019.” According to the Wall Street powerhouse’s chief economist Jan Hatzius, “Such a scenario would take the U.S. labor market into territory almost never seen outside of a major wartime mobilization.” . . .
• For every new regulation that Trump has imposed, 16 have been erased.
• The FCC has begun to dismantle Obama’s “Net Neutrality” takeover of the Internet, which functioned marvelously, thank you, before his needless e-power-grab.
• Supreme Court Justice Neil Gorsuch is on the bench, along with 13 constitutionalist lower-court judges. At this stage in Obama’s presidency, the Senate had confirmed just seven of his district- and circuit-court nominees.
Much more at the link, concluding with this: “The Never Trump faction still claims that the president of the United States ‘is no conservative.’ And yet, with rare deviations (such as free trade), he spends nearly every day implementing the conservative agenda. Ideas that center-Right activists have demanded for decades are becoming public policy, one after another — to the pleasant surprise of even some of Donald J. Trump’s most enthusiastic supporters.”
Did I mention this was in National Review, of all places?
There is an article posted at Powerline from National Review in 1967 with the title, Who are the Hippies? Having been one amongst them, I know only too well who they are. They are the same people, now all grown up, who have opened up Europe to a barbarian horde that Europeans had been able to keep out for 1500 years. They are the idiot last generation of a Europe of Europeans. Next time you go to Europe, drop by St Sophia in
Constantinople Istanbul to see the future of Notre Dame.
As to the article, I was personally more New Left than Hippy but I was both. If anyone has ever repudiated an earlier incarnation of themselves, that person is me. But I have also always thought that if there had to be such a time and place, I was glad to have been part of it, for no other reason than just because. The article – and you must keep in mind that this is from the famously right-wing National Review – compared these people to a second century small Christian sect known as the “Adamites”. This really is how they were portrayed, and this is not intended to show what a dangerous and unworldly crew of dimwits they were, but to criticise them for their misunderstanding of the proper ethos of love. If you don’t believe me, read the article from which these come.
1. A sense of primal innocence, without “knowledge of good and evil.”
2. Antinomianism, rejection, in principle, if not always in practice, of all restrictive law imposed from the “outside.”
3. Hostility to all authority, as in fringing upon their paradisal freedom.
4. Pacifism, since there can be no hurt in Paradise.
5. Sexual freedom, and no sense of shame, like Adam and Eve in Paradise.
6. Community of goods.
7. Free-floating fantasy-thinking: impatience with critical thinking as the product of man’s fall.
8. Emotional self-indulgence: resentment at demands for inner restraint and emotional self-discipline.
9. A comprehensive cult of love, as appropriate to the sinless life in Paradise.
For myself, I was there because I was genuinely unsure how I should lead my life. I was not prepared to embark on a career unless I felt those early steps were in the direction I truly wished to travel. If you were there then, the one thing that was open to all was a marriage, job and family, more or less as a carbon copy of the generation that came before. I now know that there is little else to life, but it looked too easy for those of us there at the time. The result has been that every possible obstacle has been placed in the way of each of these by a society that seems to have a death wish. What looked easy in 1967 now feels difficult beyond imagination.