Peter Goodman: His Start-Up May Not Survive Trump’s Tariffs
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.…
Thought Leader: Peter Goodman
A State of Unreality: Trump’s emergency declaration is going to run into four hurdles.
By David Frum (Original source The Atlantic)
“President Trump’s declaration of emergency salved yesterday’s loss of face—but has not solved any real problems for this administration or the country. In fact, Trump has opened four new problems atop the original problem with which he has flailed.
The original problem is that a border wall was Trump’s signature promise, backed by his guarantee—“Believe me!”—that Mexico would pay for it. Trump has successfully induced his supporters to shrug off the abandonment of his promise that “Mexico will pay for the wall,” which is an impressive hustle already. He might well have induced them to forget the wall, or to accept that a light upgrade of the existing 700 miles of fencing counted as “the wall.” By now, his supporters are much more invested in the idea of Trump as a success than in his achieving any success in particular.
Still, Trump has to imagine that in 2020 some political opponent will drive to an unfenced part of the U.S.-Mexico border with a camera crew, walk back-and-forth across it, and make a mocking campaign commercial asking: Whatever happened to the wall?”
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