How Do We Fix It As We Leap Over a Cliff?


I’m in London – capital of “we have no idea what’s going to happen next.” 

This much is certain: Never in recent decades have Britain’s intelligentsia and political elite been in such a fog – baffled by Brexit and troubled by Trump.   I can’t remember a time when so many op-Ed writers end their articles with the limp observation that “only time will tell.”

It’s almost as if you can hear an audible shuffling of papers and clearing of throats, as the great and the good struggle to explain how great events might unfold in 2017. Most of them – us really – were so wrong about remaining in the European Union or the inevitability of Hillary. We have no idea exactly what is coming next.

It’s well past time for a little humility.

Speaking in Liverpool this week, Mark Carney, Governor of the Bank of England, admitted that many ordinary people had been screwed by the rise of globalism.  “The combination of open markets and technology means that … a globalized world amplifies the rewards of the superstar and the lucky,” said Carney. “Now may be the time of the famous or fortunate but what of the frustrated and the frightened?”

What indeed?  The usually bold and confident Governor didn’t seem to have much of an answer. 

How much damage will the Brexit vote do to the U.K. economy? It seems that the economic forecasts change almost weekly. 

After dire predictions during the summer of a great slowdown, promoted by uncertainty over the implications of the Brexit referendum, Britain should finish the year as the fastest growing economy of the G7 economies – according to a survey by Scotiabank. The Bank of England recently upgraded its outlook for the near future.

What will Donald Trump do to the environment and America’s standing in the world?  The omens are not good, but it’s hard to know if America will be the laughing stock when so many other countries are facing a similar challenge.

The voters smashed the china and there is very little agreement – here or back home in the U.S – on how it’s going to be put back together again. As “The Thunderer” (aka The Times of London) said in a recent editorial, it is not business as usual.  

To be continued.

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How Do We Fix It? What I’ve Learned Since Donald Trump Won.

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I’m one of those damn fool East Coast journalists who was stunned by the results of last week’s election.  I didn’t see it coming.  I thought that we’d elect our first woman President.

So why should you bother to read this? Because I’m listening and learning from others who may be a bit smarter than me.

That includes our podcast co-host, Jim Meigs.

“We have an entire institution of media and opinion who misunderstood the country,” he told me the morning after the election on “How Do We Fix It?” “The sense of anxiety that was out there was not taken seriously.”

“This was the Caddyshack election,” said Jim. “In our popular culture, the idea of rich, sophisticated Ivy League-educated people often is met with a certain amount of resistance and cynicism by people who consider themselves salt of the earth.”

In “Caddyshack” (released in 1980) a brash, vulgar, nouveau riche land developer (played by Rodney Dangerfield) offends all the well-healed, preppy guys at a ritzy country club.  “That’s who Trump is,” says Jim. “People got a kick out of him tipping over the apple cart and causing trouble. They’re responding to a trait in our culture where we tend to distrust the polished elite.”

No, that doesn’t mean most Trump voters are racist or anything else -ist. In fact, Trump got more votes from people of color than Mitt Romney did.  There was no great surge of white voters for Trump.

In the words of George Packer of the New Yorker (his book “The Unwinding” is a must-read if you want to understand what the hell happened), this was a middle-finger election.  A lot of voters – especially late deciders – saw Hillary as elitist and more of the same. Pissed off, they decided to give the other guy a try.

One week before the election in “Bring the Right Wing Into the Mainstream Media,” Megan McArdle of Bloomberg View made the case of more diversity in newspapers, magazines and on the networks.

“The media is overwhelmingly liberal,” she wrote.  “It tends to mirror the left-to-center-left spectrum of the social class from which most journalists are drawn. That affects coverage, which right-wing readers pick up on.”

Most of the bias is subconscious, not deliberate, McArdle argues.  Those inside the castle gates of the Mainstream Media look down on those in flyover country with mixture of disdain and horror.

“Whoever is to blame for the problem, yelling at the residents of the swamp to behave themselves is probably not going to fix it,” wrote McArdle.  “What would fix the problem is if the folks in the castle made a concerted effort to open the doors and persuade some of the swamp-dwellers to move inside. Not just to move inside, but to help run the place, pushing back on liberal pieties and dubious claims with the same fervor that liberals push back on conservative ones.”

None of this is meant to excuse Donald Trump for what he said during the campaign nor suggest that we should “sit and down and shut up” for the next four years.  But right now – at least for the next few weeks – a little humility is in order. First understand. Then act.

And never assume we know what’s coming next.  As Janan Ganesh wrote this week in The Financial Times:  “The only intelligible lesson of 2016 is that William Goldman’s verdict on Hollywood – “Nobody knows anything”, said the screenwriter – applies to matters of state.”