The re-election of Donald Trump as president has been rightly described as one of the greatest comebacks in American political history. Trump overcame a campaign demonizing him as a fascist, xenophobe, misogynist and convicted felon. Equally telling is the fact that, after a divisive campaign, he is probably securing a majority of popular vote.
Trump's victory, bolstered by the likelihood of Republicans retaking the Senate and retaining the House of Representatives, gives him a solid mandate to pursue the conservative agenda that emerged in his campaign speeches, but is more cogently expressed in policy documents drafted by his close advisors, Project 2025 among them.
The US results rhyme with trends that have been evident in Europe in recent years, where increasing proportions of the population, unhappy about the economic and social directions in which liberal policies are taking them, are voting for parties that mainstream groups ostracize as far right and fascist. The emergence of the new Trumpian Republican ideology could influence attitudes in Europe, tempering some of the undemocratic methods that have been used to keep such parties out of governance.
The Trump agenda includes unrestrained exploitation of America's fossil fuel, bringing more industries back to the US, and creating millions of jobs in the de-industrialized parts of the country, and driving fuel prices down. It includes steep tariff increases—both to induce trade partners to reduce their tariffs and to encourage industry to set up in the US and substitute imports. Tax cuts as an incentive to business has been a consistent Trump mantra.
Sequencing these measures to ensure that inflation does not balloon, wild price fluctuations and supply chain disruptions do not occur, and the fiscal deficit does not continue to rise steeply would be a major challenge. There is, as yet, no indication how this would be done.
Denne historien er fra November 07, 2024-utgaven av The Morning Standard.
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Denne historien er fra November 07, 2024-utgaven av The Morning Standard.
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'I DO HAVE AN AUDIENCE IN MIND-ME'
With his new film Despatch, which had its India premiere at MAMI Mumbai Film Festival this year and is streaming soon on ZEE5, Kanu Behl decides to steer clear of genre tropes.
Weaving green dreams
Mandeep Nagi's journey embodies the idea that our roots can shape lifelong passions
WINTER COMES KNOCKING AT THE NCR MARKETS
With Diwali being close to a weekend this year, most of us took advantage of the surprise long weekend with festivities prolonging just a little more than usual.
'GOLDEN AGE FOR U.S.'
\"This was a movement like nobody's ever seen before, and frankly, this was, I believe, the greatest political movement of all time,\" says Donald Trump
INDIA'S BENCH STRENGTH IN CHESS
INSIDE the cavernous playing hall at the Anna Centenary Library, Levon Aronian has just gone for a walk. Facing Arjun Erigaisi, the US GM, one of the best ever the world has seen in the game, has disappeared, perhaps to help himself to a beverage.
Ramayana to be in two parts, release dates out
The release date of Nitesh Tiwari's upcoming mythological epic Ramayana, starring Ranbir Kapoor as Lord Rama and Sai Pallavi as Sita, is out.
Holders Madrid & Man City stunned, statement victory for Liverpool
VIKTOR Gyokeres scored a hat-trick as Ruben Amorim's Sporting Lisbon stunned Manchester City with a 4-1 win in the Champions League on Tuesday, while Liverpool trounced Xabi Alonso's Bayer Leverkusen and AC Milan beat holders Real Madrid in Spain.
Not yet informed of host city/region for 2036 Oly: IOC
INDIA is yet to decide on a host city or region for the 2036 Olympics (bid).
Dhull scores another ton for Delhi
YASH Dhull continued his good form with a second century of the season, but left-arm spinner Nishunk Birla's six-wicket haul helped Chandigarh bowl out Delhi for a below-par 276 on the opening day of their Ranji Trophy match in Chandigarh.
Rahul's form under focus as India A face Aus A
KL Rahul's batting number and current form will be keenly watched by the national selection committee as he gets ready to match his wares for India A against an Australia A line-up in the second unofficial Test match at the Melbourne Cricket Ground starting Thursday.
