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international affairs

Buying Ice

The president wants to buy more land.

On our dime.

“The idea of the U.S. purchasing Greenland has captured the former real-​estate developer’s imagination,” began a Wall Street Journal report last week. Donald Trump has asked about it anyway, “with varying degrees of seriousness.”

Grønland — “Kalaallit Nunaat” — is Danish territory now. But the United States does run the Thule Air Base on the glacier-​dominated island already. So it might seem … natural.

The last major American purchase of territory from another sovereign power was, actually, from the Kingdom of Denmark back in 1917, when the United States obtained the U.S. Virgin Islands

The notion of buying Greenland was floated back during the Truman administration, too. So there is ample precedent. Which gives Trump a plausible context to advance a destabilizing meme for his upcoming visit to Denmark, where he will no doubt be doing some “negotiating” … about more important matters.

And what might those be? Well, matters like the country’s contributions to its own defense. Denmark is low on the list of contributing NATO participants, devoting only 1.7 percent of GDP to defense, not the treaty level of 2 percent.

It’s mainly just amusing, of course — probably even to Trump himself. “It’s just something we’ve talked about,” he’s explained. “We’re very good allies with Denmark. We’ve protected Denmark like we protect large portions of the world, so the concept came up.”

Of course, the U.S. doesn’t need Greenland. And it certainly doesn’t need to spend money it doesn’t have to do so.

Still, there have been and will be more idiotic proposal floated this election season. Plenty.

This is Common Sense. I’m Paul Jacob.


Greenland, Trump, land, territory, purchase, ice,

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Most Outrageous Negotiation Strategy Yet

The best defense of Donald Trump’s presidency, so far? He is smarter than the rest of us, and knows how to negotiate with bad guys and insider players. We have to discount what he is saying, the theory goes, because he is not telling truths … obviously. 

He is negotiating.

Take nothing at face value, including Trump’s professed beliefs.

Protectionism, for example. Trump has long been against NAFTA and the modern version of “free trade.”* But, as I noted in late July, Trump does not seem to be demanding managed trade, or high tariffs as a means to protect American producers, or even tariffs as a means to increase government revenue. He appears — at least some of the time — to be using tariffs as a way to bargain other countries to reduce their tariffs.

This method has not worked in the past.

But is Trump different enough a politician to pull off a “madman” strategy to get leaders in other countries to do the right thing and reduce their tariff and regulatory burdens on their own countries?

A long shot — and several sectors of American business are being hurt right now in this “negotiating” (threat) phase of Trump’s outrageous gambit.

Another area where one might express such hope for a master-​negotiator president is in reining back the Pentagon. In the run-​up to November 2016, Trump sure seemed defiant of the neo-conservative/neo-“liberal”/center-left establishment on foreign policy.

But now he just signed a huge increase in the Pentagon budget: an $82 billion increase.

Is Trump’s plan to bring big-​spending military-​industrial complex lobbyists to heal by first giving them what they want?

That. Won’t. Work. 

This is Common Sense. I’m Paul Jacob.

 


* Post-​WWII trade policy has consistently defended treaty-​based global trade, but with heavy elements of protective tariffs, regulations and subsidies, making the whole thing look less like Free Trade and more like Mis-​Managed Trade.

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How Bernie’s Like Trump

Yesterday I made fun of Bernie Sanders’ jobs guarantee idea. Today, let’s take it seriously.

Not as policy, mind you. As propaganda.

It’s not worth talking about as a policy because there is no policy yet. “It is not clear when Sanders will announce the plan,” Fox News relates, “and a Sanders spokesperson told the Post that it was still being crafted.” 

It is mere advocacy. A press release. Vaporware.

But that’s the key to it, really. The jobs guarantee isn’t policy. 

It’s a ploy.

Bernie Sanders knows there is hardly a hope of passing such a bill. He probably understands that the current fiscal mess precludes it. He might even understand that it is literally a horrible notion, the worst policy idea in the world, and he would still have reason to pitch for it relentlessly.

Because what he is really after is the hiking of the national minimum wage to $15/​hr. That is the next Democratic ratcheting up of government. And by insisting that the government guarantee $15/​hr jobs, he is readying everyone to accept, as a compromise, the hiking of the minimum wage to that very figure.

Yesterday I noted a link between socialism and slavery. But minimum wages link up not with slavery but unemployment.

Which Bernie knows all too well. Before he got in politics, he was a layabout, a bum.

Not like President Trump at all, that way.

But by fixing on one key, “anchor” concept ($15/​hr) and demanding the Moon, he might just get his mere lunacy, er, minimum wage hike.

And that is a Trumpian* ploy.

This is Common Sense. I’m Paul Jacob.

 


* Though Trump’s better. His “linguistic killshots” are far more memorable … because funny and (usually) visual.

 

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