As expected, New Hampshire Republicans rallied for their Golden Calf yesterday. Naturally, media people are using this to boldly predict the future. I’ve had to abandon NPR because they are serving wall-to-wall election coverage as though nothing else has happened. Despite the years of legal actions against the Orange Jesus, his popularity endures and Republican politicians and candidates continue to rally around him, hoping some of magic rubs off on them.

In interviews, Trumpsters confidently say that things were better during his presidency than under Biden’s despite what the numbers say about the economy at present. Even though inflation has dropped from 9.1 % to 3.2 % over the last year according to the AP, many consumers apparently expect prices to come down as well. Are the Trumpsters really upset about the economy or are they just angry that he lost the 2020 election?

Reducing prices is not something that business people will do to make life easier for people. What industry will be the first to reduce their prices willingly because it is a “nice idea?” Prices are always set to what the customer is willing to pay. A common nightmare of a business person is that they may have left money at the table during a negotiation or a sale. Businesses charge as much as they can all the time. People who leave money at the table are not the people who rise into the thin air of the C-suite of business.

During the pandemic, supply chain interruptions helped trigger inflation. Businesses ratcheted up their prices to grow or maintain their margins. Many businesses had to raise their prices because their costs had risen, but not evenly across the board. Why waste a good opportunity to raise prices if others are doing it? For essentials, consumers soon adapted to it because they had little choice. Strangely, the economy has shown unexpected vigor during this inflationary period. Some products like pickup trucks and real estate, however, are suffering badly.

Along comes the Federal Reserve to slay the dragon of inflation. They pulled their one big tool out of its sheath for staunching inflation- raising interest rates. And so they did with success. The down-side is that it hurts those seeking a mortgage or other loans due to increased interest rates.

Another effect of the pandemic is the continuing trend of employees working from home. According to one source, the 1Q23 vacancy rate for NYC office space was 22.2 %. Remote work activity has caused businesses to reconsider the size of the office space they are leasing. Many are opting not to automatically renew their leases in favor of leveraging better terms or outright downsizing their space requirements. The new workforce shift has had a negative effect on surrounding businesses who rely on the daily flood of office workers to buy lunch and shop. It also has a big effect on the owners of office buildings who likely had business models and loans relying on higher occupancy rates. The knock-on effect is that the banks who made the commercial loans to the office building owners are beginning to see an increase in loan defaults. Commercial borrowers also face significantly higher interest rates than they started out with. News reports are very pessimistic for a reprieve in the near term.

The term that was coined for this is the urban “doom loop.” Reduced office occupancy leads to reduced tax revenue for municipalities who supply services like transit, police and street maintenance. But I don’t want to spoil it- Google “urban doom loop.”

Back to the Golden Calf.

I would offer that there is a portion of the grand American bell curve that probably shouldn’t be left in charge of a vast international economic and nuclear superpower wielding a military machine the likes of which the world has never seen before. Further, I would offer that just possibly many of the followers of #45 are comfortably squatting on that side of the bell curve.

As I see it, the Golden Calf getting back into office will adversely swerve the fate of Europe, the Balkan and the Baltic states into direct conflict with an expanding Russian Empire. Putin is obviously trying to reestablish and reenergize the reach of the former Soviet Union. He has little care for the lives of Russian soldiers as they fight and die on the battlefield, and even less for those who defy his wishes. They are expendable in the grand scheme of a Great Russian Empire of Tsar Putin.

The State of Ukraine traces back to October of 1917 when the Bolsheviks tried to capture Kyiv and failed. By January of 1918 the Ukranian revolutionary parliament declared the formation of Ukrainian People’s Republic. After much conflict, Ukraine was made part of the USSR.

In the 1930’s there was the Holodomor, or the “Great Ukrainian Famine” of 1932-33 with continued mass killing and exile of Ukrainian Kulaks to the east for the rest of the decade. The collectivization forced on Ukraine was brutal. Many thousands of Ukrainians were exiled to the east and disappeared. As Hitler invaded Poland and continued with Operation Barbarossa to Moscow, his plan to exterminate Jews went with him. The wholesale slaughter of Jews in Poland and Ukraine wasn’t limited to the concentration camps. Villages were captured by the Nazis and Jewish citizens were marched by the many tens of thousands into the woods and executed by a bullet to the head, falling into pits where they would be buried. No age or gender was spared. Hitler gave orders to Himmler to carry out the Final Solution in eastern Europe and Russia and he did with a vengeance.

A large scale international concern is with Putin’s latest invasion of Ukraine. Russia has a long history of conflict with Ukraine starting after the Bolshevik Revolution. Putin does not recognize their sovereignty and further claims that there is no Ukraine, only Russia. He seeks to establish the boundaries of the former Soviet Union and Ukraine is the first step. To allow Putin to conquer Ukraine will enable him to go after the Baltic states, the Balkans and Poland along with their manpower and resources to fortify the depleted Russian military-industrial complex.

Trump has a record of stating his disinterest in protecting the European Union and remaining in NATO. American retreat from the EU and NATO would only serve to telegraph to Putin that the US will not interfere with further Russian conquests. A massive Russian dictatorship butted up against western Europe will not lead to an enduring peace. A Russian dictatorship the size of the USSR will be no friend of the western powers.

An America that withdraws from international affairs is an America in steep decline. After all that we have accomplished and learned, under Trump and his ilk we will step down from our international platform and slink away into some imaginary Libertarian Southern Baptist utopia with the inmates running the asylum. No thank you.

The election of Trump has a ghastly downside for western civilization that is largely kept quiet by the popular media. In their desire to portray fairness, they tend to avoid topics like this for fear of the accusation of bias..