November 23, 2016

Trump’s reinvention of politics

Trump’s reinvention of politics

As the left remains beset by collective amnesia, Trump promises to take the political class on a four-year rollercoaster as he sets about reinventing politics as we know it, says Peter Bingle.

I must to admit to still existing in a sort of post Trump euphoria, so perhaps I am not as objective as is normally the case (!), but the Donald Trump transition is one hell of a show. Who needs television when true life is as exciting as this? Politics dull? You must be joking…

I always expected Trump to be less conventional than his predecessors but not only is he playing the game but he is playing a different game to everyone else. And what is fascinating is that all the initial signs are encouraging. Not only is change going to happen, it is going to be dramatic change. All the old rules have been torn up.

The Left are still traumatised and emotional. Facebook is full of tearful folk who seem unable to come to terms with what has happened. They had better calm themselves as they have seen nothing yet.

The Left are also suffering from selective amnesia. They criticise Trump for involving his family in the transition team but fail to remember that their hero JFK appointed his brother Bobby to be Attorney General. Time for a more balanced approach? Of course but it isn’t going to happen.

The President Elect is clearly a fan of Twitter and is using it brilliantly to make his point or to detract attention. Imagine how the crusty old mandarins in the FCO and Number 10 are coping with tweets about who should be our next ambassador to Washington. It is hard not to smile or even chuckle. The make-believe world of The Apprentice and the X Factor is morphing into what is amusingly called the real world. The Body Politic needed a makeover. It is certainly going to get one!

Over the next four years politics and politicians face a rollercoaster experience as the reality of President Trump and his unique brand of right wing populism impacts not just on the US but all around the world. There is the potential not only to make politics interesting again but also to make it relevant to people from every background and in every country. This must surely be a positive development.

Inevitably the world of politics will calm down in the weeks and months ahead. Much of government is dull and mundane and that will not change even under Donald Trump. I hope, however, that the new President will remain his own man and speak directly to an electorate which is intrigued by his personality and style of politics.

I was a student at LSE in 1980 when Ronald Reagan was first elected and remember attending a lecture the morning after. American students were literally dazed and depressed. Their world had ended and the future was bleak. Of course, Reagan turned out to be one of the great Presidents and I expect something similar with Donald Trump. We all just need to calm down …

In the meantime, however, the trick will be for all of us to hang on with both hands as the rollercoaster gathers speed…

4.06 avg. rating (81% score) - 18 votes
mm
Peter Bingle
Peter is the Founder of Terrapin Communications. With a career in politics and communications that has spanned almost four decades, he is one of the country's leading public affairs practitioners. His career has seen him advise many top companies, including McDonald’s, HSBC, L’Oreal, Permira, Motorola, Camelot, Rolls Royce & Kellogg's.
  • Nockian

    No article ? Maybe it’s spread to comment central ?

    Central banks don’t work any better than any other kind of soviet style producer. They produce too many tractors when we need more ploughs. This is because banking isn’t independent, it isn’t laissez faire capitalism that is being practised, but the soviet style economics of central planning. It is not, per se, the fault of the central banks, anymore than it was the fault of the Russian tractor factories for under/ over producing as a result of state diktat. Unfortunately we have a mixed economy, which is 50% socialistic and has been expanding for several decades-most of us now give over 60% of our earnings to government directly (it’s probably a bit more depending on inflation and inflexible tax bands).

    The answer is to get the state out of commerce, then the central banks will either survive or collapse within a laissez faire banking system, but first we must begin to accept the truth, that we cannot continue to sustain such a gargantuan welfare system and its associated government. If we want to produce more, we need to be taxed less, we must save not spend.

  • ratcatcher11

    If everyone saved and did not spend there would be a massive worldwide slump, so it is obvious there has to be spending. Making things for sale is thus important, services alone cannot sustain an economy. One of the biggest problems is Keynsian economics that are basically tax, print and spend socialist policies. We do not need the government to build a railway we need a private company to build the railway which will compete with air travel fairly, not by taxing air travel to make it it less profitable. Thus the governments air taxes should be scrapped and private companies encouraged to re open rail lines closed by Beeching. This is the development we need not government spending 90 billion of money on an HS2 line built from somewhere to nowhere and never stops to pick up passengers.

  • Debs

    Expansion of economies cannot go on forever no matter what so called monetary policy is. You dont need to be an economics expert to realise it.

    All I know is governments and banks seem to be constantly coming up with schemes to leave we the lowly tax payer with less of our money.Forget about the trumpeted tax cuts ,everything else is going up accordingly except real wages of course. Dont even mention the Green scam or the cheap labour scam.

    Bail ins and cashless society are two more scams I have seen trailed in various media outlets over the past few years. Gradually our hard earned money is being prised away from us to fritter away on who knows what.

    They wonder why Trump got elected.

  • Nockian

    The market will raise rates eventually, regardless of wether the central bank wishes it or not. The problem is that we have all become mesmerised at central bank control, when, in reality, at this stage they have little at all. They cannot raise rates to normal, because, firstly, we don’t know what normal looks like (it could already be normal) and secondly any increases will create an avalanche effect-let’s face it, no one but the wealthiest wants to bring down countries governments through a collapse in public spending leading to actual anarchy on our streets.

    The bogey man of fractional reserve is a myth that has permeated libertarian consciousness, in a free market banks would have to take risk or they would, by any definition, not be free market. Banks are not currently lending to private individuals because capital requirements are already so high-they have become zombified businesses that look like they function, but are like the shops we set up as kids with funny money and plastic fruit. The market is broken as far as banks are concerned, they are no longer part of it.

    Fixing the problem cannot begin by looking at the central bank, nor the main banks. It’s far too late to consider than anything can be done at this stage, we are so far beyond normal that we aren’t looking at a functioning banking system at all. It would be like bleeding the radiators to solve a broken boiler.

    The problem we have is at its heart a simple one. It’s the problem that labour refused to accept when the banks blew up. We have an unsustainable welfare system and an over sized government. We have to tackle our public spending first of all and I see little sign that any current, nor perspective government is prepared to give the public the awful news about the reality.

    Even the great Tory saviours have flunked out of the monetary boiler rooms. The situation is dire, there is no fuel left, we have been ripping up the ships timbers to maintain the illusion of tranquil sailing progress, but eventually the ship will sink for lack of substance. There is no monetary policy that can save us, all we are going to get is an ever growing war on cash, savers and anyone who tries to make a profit. We are going to end up in the late stages of a soviet style melt down whilst spinning mirrors to pretend it isn’t happening.

    We all know what’s going on, we can offer solutions, make sympathetic noises and talk up any temporary progress, but the reality of the situation is now apparent. We have to do what every debtor must eventually conclude; that our spending has unfortunaly exceeded our earning capacity and all those red letters mean some drastic rethinking is required. We are going to reach the end of the road, not by a sudden explosion, but the drift into monetary authoritarianism which will result in ever greater protectionism and falling living standards. We are in great danger of losing the West to the East and ending up as country cousins of a world of declining freedoms and the rise mysticism.

x
Like us on Facebook: