31/10/2024
A SECOND TRUMP TERM COMES WITH UNACCEPTABLE RISKS
The Economist warns that Donald Trump’s return to the presidency would introduce significant risks, not only to the United States but to global stability. It acknowledges that while Trump has supporters who either appreciate his past achievements, dismiss allegations against him, or are drawn to his nationalistic vision, the dangers of a second term should not be underestimated. The publication argues that Trump’s first term revealed his unpredictable approach to governance, but his actions were partially restrained by experienced advisors and institutions.
The article notes Trump’s successes, such as economic deregulation, COVID-19 vaccine funding, strengthened U.S. defense, and diplomatic achievements like the Abraham Accords. However, his tenure was marred by controversial decisions and behaviors, notably his refusal to accept the 2020 election results, culminating in the January 6th Capitol attack. Despite institutions ultimately prevailing then, the Economist highlights that Trump’s approach to governance has grown more extreme.
It also points to his proposed policies as more radical and potentially harmful. For instance, Trump’s plans for a 20% tariff on imports and massive deportations could fuel inflation and risk trade conflicts, threatening U.S. economic stability. His foreign policy also shows troubling signs, with allies concerned by his disdain for alliances. These positions could weaken the U.S.’s global influence at a time when conflict and instability in places like Ukraine and the Middle East pose severe challenges.
The Economist also raises concerns about Trump’s increasingly insular support network. Unlike his first term, when some advisors could moderate his impulses, Trump’s current circle includes loyalists with minimal interest in curbing his agenda. Additionally, structural constraints, like the checks previously imposed by Congress or legal limitations, may be less effective in a second term. The Supreme Court’s decisions on presidential immunity could further erode accountability, amplifying the influence of Trump’s personality on governance.
For voters who fear instability, the Economist offers a moderate endorsement of Kamala Harris, presenting her as a cautious choice compared to Trump. It describes her policies as moderate and stable, even if lacking in inspiration. Despite potential shortcomings, Harris, in their view, presents a lesser risk than Trump, whose impulsiveness, willingness to subvert norms, and divisive politics could jeopardize American prosperity and global peace.
Ultimately, the Economist expresses clear opposition to Trump’s candidacy, asserting that the risks tied to his second term are too grave to overlook. If the publication could vote, it states, it would choose Harris, prioritizing stability over the hazards of Trump’s potentially unchecked leadership.
The Economist. “A Second Trump Term Comes with Unacceptable Risks.” *The Economist*, 31 Oct. 2024, https://www.economist.com/leaders/2024/10/31/a-second-trump-term-comes-with-unacceptable-risks.