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Trump and GOP to Nation: Go Bankrupt, Drop Dead

They’re promoting policies that could push not only the economy but the US system of government to the breaking point.

Sasha Abramsky

May 1, 2020

Senate majority leader Mitch McConnell, House minority leader Kevin McCarthy, and President Donald Trump during the signing ceremony for the CARES Act.(Erin Schaff-Pool / Getty Images)

EDITOR’S NOTE: The Nation believes that helping readers stay informed about the impact of the coronavirus crisis is a form of public service. For that reason, this article, and all of our coronavirus coverage, is now free. Please subscribe to support our writers and staff, and stay healthy.

In normal times, a report by the UN’s International Labor Organization predicting that 1.6 billion people, whose incomes support fully half the world’s population, are on the verge of losing their livelihoods would be the only thing anyone on Earth would be paying attention to. But in the Covid-19 moment, such extraordinary predictions become mere footnotes.

Take a deep breath, however, and ponder what is being said here, for it is, without a doubt, today’s Signal. Half of the world’s population is at imminent risk of economic devastation: hunger, endless debt, closed schools, the collapse of entire social systems.

In normal times, the US president would be coordinating a global response to mitigate this disaster—coordinating distribution of medical supplies, shoring up global food distribution systems, working with the IMF and other agencies to extend desperately needed credit and aid to countries whose economies risk complete system failure. The alternative is a cascading economic crisis that could send much of the world back into the Dark Ages.

But these aren’t normal times. Instead, as The New York Times documented in a remarkably detailed analysis, Donald Trump, who has been absent as a global leader, holds propagandistic press briefings—even less credible than the daily briefings by US generals during the Vietnam War—in which he either congratulates himself, mocks his political opponents, peddles conspiracy theories, or promotes quack cures for Covid-19 such as injecting bleach.

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The Irish Daily Mirror, gobsmacked by America’s downward spiral, recently averred that it was incumbent on Congress to “imbleach” this manifestly unfit, unstable president.

And those among the parochial MAGA crowd inclined to dismiss the ILO report as abstract and distant from American concerns should think again. Here in America, states and cities are projecting a $500 billion shortfall, and there’s a serious risk that public safety agencies, schools, and other vital services will soon start being slashed to the bone.

Mitch McConnell’s callous response: Let the states—especially blue states with more generous pension systems for public-sector employees—go bankrupt. In fact, rather than work round-the-clock on developing aid packages to keep states from cratering, McConnell, who is well aware that Trump’s reelection chances are fading by the day, wants to turn the Senate’s attention to rushing through even more extremist judicial nominees while he still has the chance.

Trump, for his part, wants to blackmail liberal states by withholding financial aid from them unless they scrap sanctuary policies that are providing a modicum of protection to immigrants who are being hunted down by ICE agents. This, combined with the scandalous decision to withhold stimulus checks from all mixed-status families, means that millions of Americans—including hundreds of thousands of US-citizen children, disproportionately clustered in the country’s biggest and most dynamic cities—are being deliberately pushed into destitution by the administration because one member of their family lacks legal status.

This goes far beyond the standard rough and tumble of partisan politics. Letting America’s largest states and cities go bankrupt and deliberately pushing immigrant communities into destitution would be akin to national suicide. It would beggar large parts of the country, just as surely as the collapse of the Soviet Union, followed by the looting of the country’s wealth during the subsequent “shock therapy” privatization period, beggared tens of millions of citizens. Decades later, many parts of the former USSR have still not recovered from the economic devastation of the implosion, and many residents lack even the most basic income security.

Trump’s lackluster response to the Covid-19 pandemic has been bad enough. Now, the GOP is promoting policies in response to the economic fallout, many of them animated by harsh anti-immigrant prejudice, that could push not only the economy but the US system of government, with its carefully calibrated balance of power between the states and Washington, to the breaking point.

Already in cities like Las Vegas, where the economy is reliant on tourism, the shutdown has resulted in mass hunger. Stark television images this week showed miles-long lines of cars driven by unemployed casino, hotel, and restaurant workers lining up for food given out by food banks at now-shuttered casinos.

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Even before February 28, the reasons for Donald Trump’s imploding approval rating were abundantly clear: untrammeled corruption and personal enrichment to the tune of billions of dollars during an affordability crisis, a foreign policy guided only by his own derelict sense of morality, and the deployment of a murderous campaign of occupation, detention, and deportation on American streets. 

Now an undeclared, unauthorized, unpopular, and unconstitutional war of aggression against Iran has spread like wildfire through the region and into Europe. A new “forever war”—with an ever-increasing likelihood of American troops on the ground—may very well be upon us.  

As we’ve seen over and over, this administration uses lies, misdirection, and attempts to flood the zone to justify its abuses of power at home and abroad. Just as Trump, Marco Rubio, and Pete Hegseth offer erratic and contradictory rationales for the attacks on Iran, the administration is also spreading the lie that the upcoming midterm elections are under threat from noncitizens on voter rolls. When these lies go unchecked, they become the basis for further authoritarian encroachment and war. 

In these dark times, independent journalism is uniquely able to uncover the falsehoods that threaten our republic—and civilians around the world—and shine a bright light on the truth. 

The Nation’s experienced team of writers, editors, and fact-checkers understands the scale of what we’re up against and the urgency with which we have to act. That’s why we’re publishing critical reporting and analysis of the war on Iran, ICE violence at home, new forms of voter suppression emerging in the courts, and much more. 

But this journalism is possible only with your support.

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And the Noise? The mindless, maskless, MAGA machismo of Vice President Mike Pence, who refused to abide by Mayo Clinic guidelines to wear a mask while visiting patients.

Stay strong, stay healthy, and keep on fighting like hell for a better, saner, kinder tomorrow.

Sasha AbramskySasha Abramsky is the author of several books, including The American Way of PovertyThe House of Twenty Thousand Books, Little Wonder: The Fabulous Story of Lottie Dod, the World's First Female Sports Superstar, and Chaos Comes Calling: The Battle Against the Far-Right Takeover of Small-Town America. His latest book is American Carnage: How Trump, Musk, and DOGE Butchered the US Government.


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