President Trump. A year ago I never would have predicted I’d be writing those words. I’m not happy to write them now. Trump is xenophobic, misogynistic, and racist. He supports economic policies that economists, a profession notorious for disagreeing about everything, unanimously reject. His manner is crude, his speech unsophisticated, his words antagonistic and petty. Donald Trump is, as far as I can tell, a terrible human being. He could very well be an even worse president.
But we’re going to be ok.
The US government was specifically designed to prevent any single individual from having too much power. It was designed under the assumption that men are not angels. It was designed for Donald Trump.
There’s not going to be a wall. The 35% tariff on China is an empty threat. NAFTA is not going anywhere (the TPP might not be so lucky, but remember that Clinton was also against it). I would even be surprised if Obamacare is substantially changed. As bad as many of his ideas are, President Trump doesn’t write the laws. It is of course important to point out that Republicans also have control of both the Senate and the House, but these are largely the same people that have had control for the last 2 years. I expect a shift towards Republican ideas – lower taxes, fewer regulations – and those policies on their own might be worrying enough for many of you. But I do not expect any catastrophic changes. Let’s wait and see what happens before we go crazy. If there’s no use crying over spilled milk, there’s certainly no use crying over milk that has yet to be spilled.
Markets appear to feel the same way. After some concerns last night about the stock market going crazy, the results today seem much closer to business as usual. And I think this lack of chaos in stock markets is indicative of a broader theme: politics isn’t everything – not even close.
According to the state of my Facebook and Twitter feeds, Trump getting elected is the worst event that’s ever happened in the world (only slightly edging out Brexit). Take a deep breath. Regardless of the identity of the individual sitting in the oval office, the world moves on. Scientists will continue to make breakthroughs that improve technology, eliminate diseases, and help us deal with a changing environment. Entrepreneurs will continue to look for new ways to please consumers as they create new products and new businesses. Writers will keep on writing, teachers keep on teaching. Amazing new things are created every day and one man won’t change that. Progress in this country has never come from politicians.
Your family is still there. Your friends are still there. Your career, your hobbies, your dreams – they’re all still there. For most people, the important aspects of their personal lives have little to do with the president. Is Trump’s election a step backward? I think so. Is it concerning that half of the country thinks it’s ok to elect a president like Trump? Of course. I’m not going to deny that there are deep rooted problems that remain in our society. But a Clinton victory wouldn’t have changed any of that. We need to work hard to solve these problems and that starts by understanding why so many voted for somebody whose policies are bad and morals even worse. I don’t think it’s primarily racism, and I’ll have more on this later. But for now go do something that makes you happy and be thankful that we live in a country that is strong enough to withstand a bad leader. It’s not the end of the world.
P.S. I’ve been wrong about Trump from the beginning, so I could easily be wrong here too. But Scott Adams (author of the Dilbert cartoon) has been right from the beginning and he agrees that Trump is not going to be so bad.
P.P.S. Here’s another good article that echoes similar themes