Friday, February 20, 2026

Trump Cleans Up Biden’s Mess


Despite all the naysayers who predicted doom and gloom for the Trump economy, the latest round of data has vindicated the President’s strategy. Indeed, it shows the stage is set for an American comeback. From family finances to federal finance, the damage of the Biden years is finally being reversed.

When the economy reopened after Covid, millions of people who were forbidden by the government from working returned to their jobs. While this was simply a return to the status quo, it was billed as job growth. Regardless, monthly job increases for the private sector peaked in the summer of 2021 and then began declining.

By the time Biden finally left office in January 2025, the private sector wasn’t adding any jobs at all. In fact, it was losing them—but the government was still on a hiring spree. All those extra federal bureaucrats made the jobs numbers better, but did nothing for the productive real economy in the private sector.

Just one year later, the Trump administration has successfully managed to right the ship. In January 2026, the private sector added 172,000 jobs while government jobs declined by 42,000. Astonishingly, Donald Trump reduced the federal bureaucracy by 323,000 in just one year—a reduction of more than a 10%!

Just as notable is who is getting those jobs. For nearly all of Joe Biden’s last year in office, the annual change in jobs among native-born Americans was negative, meaning this group was losing ground. Annual job growth was going to foreign-born workers. Once again, Trump has course-corrected.

During his first year back in office, employment among native-born Americans increased by 840,000 while the number of foreign-born workers with jobs declined. If that’s not “America First,” nothing is.

American workers are getting paid more too. Not only that, but their pay is going further—another sharp contrast to the Biden years, when the average American’s weekly paycheck grew substantially but still bought about 4% less by the time Biden left office.

Runaway inflation, which was ultimately caused by Biden’s blowout spending, is what eroded the purchasing power of Americans’ incomes, turning higher wages into lower standards of living. Conversely, inflation has been much milder under Trump, at just 2.4% during his first year as measured by the consumer price index (CPI).

Even better, when outliers are removed from the CPI, the inflation level drops to the lowest level since 2021. The core CPI, which excludes volatile food and energy, as well as median CPI and trimmed-mean CPI, which exclude the largest and smallest price increases (or decreases), have all fallen to near five-year lows. Meanwhile, the real-time price aggregator Truflation shows inflation today is even lower, now under 1%.

That’s not to say everything is sunshine and rainbows when it comes to consumer prices and affordability. Inflation is the rate of increase in prices, not prices themselves, which are still high. But it took four years for Biden to create an affordability crisis, so it will take some time for Trump to dig America out of this hole.

For example, while the average American’s inflation-adjusted weekly paycheck shrank about 4% under Biden, it’s grown about 2% under Trump. While it’s great that half the losses under Biden have been recouped in the last year, Americans still haven’t regained all their lost ground in terms of what their incomes can buy.

Even more striking is housing affordability. Under Biden, the monthly mortgage payment on a median price home doubled, rising over 100%. Since Trump was inaugurated, it has declined 8% while incomes have risen. That’s making homes more affordable, but the damage from the Biden years remains.

It’s the same story with federal finance. The deficit for the current fiscal year to date (October through January) is down 17% from the same months in the prior fiscal year, which were also Biden’s last four months in office. While a deficit of almost $700 billion in just four months is far too large, Trump and Treasury Secretary Scott Bessent have made remarkable progress in reducing it.

In short, just about everything is headed in the right direction. Family and federal finances alike are both improving and would recover even faster if Congress did its job and cut more spending. That would really help clean up more of Biden’s mess.


Podcast thread for Feb 20


 Been nice having nice weather.

Structural Shifts in a Still-Dollarized World


Discussion of de-dollarization has intensified over the past several years, yet the term is often misunderstood. The global monetary system is not witnessing a sudden abandonment of the U.S. dollar but rather a gradual rebalancing of reserve practices, settlement infrastructure, and portfolio allocation. The dollar remains central to global trade invoicing, capital markets, and funding liquidity. What is changing is the degree of exclusivity with which it occupies that role. The emerging environment is better described as monetary diversification than monetary displacement.

At the core of this shift is a reassessment by reserve managers of the traditional “currency trinity”: liquidity, safety, and optionality. Liquidity still overwhelmingly favors dollar assets, particularly U.S. Treasuries and dollar funding markets. However, safety has come under renewed scrutiny amid persistent fiscal deficits, political brinkmanship over debt ceilings, and the expanding use of financial sanctions. Optionality has also improved elsewhere. The euro, yen, renminbi, and gold now serve as credible supplementary reserves in ways that were less feasible two decades ago. As a result, central banks have quietly reduced their dollar concentrations, not because the dollar has failed, but because concentration risk itself has become a strategic concern.

Gold’s renewed prominence reflects this balance sheet logic. Central banks have steadily accumulated bullion as a neutral asset insulated from geopolitical leverage, while private portfolio allocations remain historically low. In a macro environment characterized by Federal Reserve liquidity support, elevated fiscal expansion, and episodic equity volatility, gold functions less as an anti-dollar trade than as a hedge against policy uncertainty. Its rise is therefore consistent with gradual diversification rather than a repudiation of dollar assets.

Currency movements reinforce this interpretation. The appreciation of the Chinese yuan against the dollar through 2025 has been driven by a weaker dollar, policy guidance from Beijing, and renewed capital inflows into Chinese equities.Increased yuan settlement in cross-border trade — now approaching one-third of goods transactions — demonstrates how marginal shifts in invoicing practices can incrementally reduce the dollar’s transactional dominance. Yet these changes remain constrained by the depth of offshore liquidity pools and by the continued reliance on the dollar as the primary vehicle currency in foreign exchange markets.

More consequential than bilateral exchange rates are the structural changes occurring in financial infrastructure. China’s efforts to transform the e-CNY into an interest-bearing instrument, along with the expansion of cross-border settlement platforms such as mBridge, illustrate an attempt to build alternative payment rails that can bypass traditional dollar-centric channels. These systems remain small relative to the scale of global finance, but they represent investments in future optionality. Over time, the ability to settle transactions outside of SWIFT or without intermediary dollar conversion could alter the mechanics of trade settlement, particularly among emerging market economies seeking insulation from sanctions risk.

Parallel developments are evident in capital markets. Gulf borrowers have increasingly turned to yuan-denominated financing as China’s role as a trading partner has expanded. Planned offshore yuan bond issuance by major Middle Eastern energy firms underscores how diversification often begins at the margin: through incremental experimentation with funding sources rather than wholesale abandonment of the dollar. Financing costs, trade relationships, and geopolitical alignment all play roles in this gradual evolution.

Geopolitics remains an important catalyst. The freezing of Russian central bank reserves approaching four years ago underscored the strategic leverage embedded in the dollar system, prompting some nations to explore alternatives. Trade tensions, tariff policies, and debates over US fiscal sustainability have further contributed to a perception that the global monetary environment is becoming more fragmented. Yet countervailing forces continue to support the dollar. Capital inflows into US technology sectors, particularly during periods of artificial intelligence-driven market enthusiasm, sustain demand for dollar assets and reinforce the currency’s centrality to global investment portfolios.

Importantly, the dollar’s safe haven status appears to be evolving rather than disappearing. Recent research suggests that the greenback behaves less like a traditional defensive currency during ordinary risk-off episodes, with the yen and Swiss franc sometimes providing more persistent hedging characteristics. However, during episodes of acute funding stress - when global markets scramble for liquidity - the dollar’s dominance remains unrivaled. This conditional safe-haven role reflects the reality that the dollar’s strength derives as much from the architecture of global finance as from investor sentiment.

Market reactions to policy developments highlight the fragility of the more extreme de-dollarization narratives. Expectations surrounding US monetary leadership or Federal Reserve governance can quickly reverse speculative trades predicated on dollar debasement. Episodes of commodity unwinds or shifts in risk appetite demonstrate that investor positioning often exaggerates structural trends that unfold only gradually in the underlying data.

The broader lesson is that de-dollarization is neither a myth nor an imminent regime change. It is a slow, cumulative process driven by rational portfolio managementtechnological experimentation, and geopolitical recalibration. Reserve diversification, alternative payment systems, and non-dollar financing initiatives represent incremental adjustments within a system that remains fundamentally dollar-anchored.

For policymakers, the implications are subtle but significant. The United States continues to benefit from the privileges associated with issuing the world’s dominant reserve currency, including lower borrowing costs and substantial geopolitical leverage. Yet those advantages increasingly coexist with a world in which the dollar’s role is shared more widely. The risk is not abrupt displacement but gradual erosion of exclusivity; a shift from a unipolar reserve regime toward a more pluralistic monetary order.

Seen in this light, the current state of de-dollarization resembles a long-term structural drift rather than a financial rupture. Danger is not imminent, and the dollar remains at the center of global payments, funding, and trade. But around that core, new channels are emerging, alternative reserves are accumulating, and financial plumbing is evolving. The future monetary system is therefore likely to be less about replacing the dollar than about reducing the world’s reliance on any single currency, an adjustment that will unfold not through dramatic shocks, but through steady and often understated change.


Marco Rubio: More Than Just the Good Cop


My first reaction to Secretary of State Marco Rubio's speech, delivered on Valentine's Day, at the Munich Security Conference, was, "Last year, President Donald Trump sent the bad cop, Vice President JD Vance. This year, he sent the good cop, Rubio. Progress." In February 2025, the audience in Munich took Vance's comments as insults. In February 2026, the audience, as evidenced by its standing ovation, took Rubio's as compliments.

Yet, as even journalists writing on deadline quickly discerned, Rubio's words were no less critical than Vance's of what have been European elites' cherished policies.

"Mass migration," Rubio said, is "a crisis which is transforming and destabilizing societies all across the West." He decried a "climate cult" and "energy policies" that "impoverished our people." He condemned policies that "outsourced our sovereignty to international institutions" and "invested in massive welfare states."

Red meat substance, suitable for delivery at any of the three Trump Republican National Conventions – more than have nominated any one person, the president might remind you, except for President Richard Nixon. But leavened, as the above quotations suggest, with frequent employment of the first-person pronouns and adjectives – "we" (69 times in the text, by my count), "us" (11), "our" (65).

"What comforted worried attendees," wrote Michael Froman, head of the Council on Foreign Relations and Obama trade negotiator, "was the undertone of the secretary's remarks."

But it wasn't just the undertone that had many Republicans and others start thinking of Rubio as a possible future presidential candidate, despite his recent avowals of support for Vance for the Republican nomination in 2028.

And as a national leader with an intellectually serious grasp of history, Rubio began by summoning memories of the first Munich conference in 1963, when the Iron Curtain ran through a divided Germany and the Berlin Wall was just two years old.

Halfway through the speech, he went further back to the postwar years when "our predecessors," faced with a "Europe in ruins" and expanding Communism, "recognized that decline was a choice, and it was a choice they refused to make." An interesting way to frame the decisions that produced the Truman Doctrine and the NATO treaty.

Against that, he described the post-Cold War euphoria that "the rules-based global order" would replace national interest. "A foolish idea," he said unemolliently, that "has cost us dearly." A Trumpian take, followed by an implicit denunciation of opening up trade relations with China.

Rather than dwell on that critique, however, he segued back to "centuries of shared history, Christian faith, culture, heritage, language, ancestry," all parts of "the common civilization to which we have fallen heir."

This might have rankled, and perhaps was intended to rankle, the European Union leaders who, out of secular conviction or for fear of angering Muslim immigrants, successfully blocked mention of Europe's "Christian roots" in the EU charter.

As he neared his peroration, Rubio celebrated Christopher Columbus and the English, Scots-Irish, French, German, Spanish, and Dutch roots of Americans from Davy Crockett to "the cowboy archetype ... born in Spain." Rep. Alexandria Ocasio-Cortez (NY-14), in Munich for her first security conference, ridiculed that last claim, apparently unaware that the Americas had no horses until Hernan CortΓ©s brought some to Mexico in 1519.

More importantly, Rubio's emphasis on America's European heritage is a rebuke of the Franz Fanon-inspired theory, fostered on campuses for decades and sweeping the streets in post-Oct. 7, 2023, "anti-Zionist" demonstrations, that colonialism was the greatest evil in history, and that Europeans and Americans should do penance for their complicity.

Europeans are or should be aware, from the totalitarian tides of the 20th century, that there are worse evils than colonialism – and that to exclude difficult-to-assimilate immigrants is to commit another Holocaust.

But rather than belabor that last point, Rubio instead made the point earlier that "it was here, in Europe, where the ideas that planted the seeds of liberty that changed the world were born." Including "the rule of law, the universities and the scientific revolution," plus Mozart and Beethoven, Dante and Shakespeare, Michelangelo and Leonardo, the Beatles and the Rolling Stones.

Europe should be "proud," a word he repeated half a dozen times, "of its heritage and its history." Proud of a "spirit of creation and liberty that sent ships out into uncharted seas and birthed our civilization," with a Europe that has the means to defend itself and the will to survive."

Among American and European elites, open expression of pride is something, well, just not done. They prefer to denounce the "systemic racism" of their fellow citizens or the "oppressive colonialism" of their forebears, to disparage the motives of "settlers" and idealize the virtues of the "indigenous."

But pride in one's nation and one's civilization, properly understood, is not a warrant for self-satisfaction but a summons to duty, a reminder that for us to whom much has been given, much is asked. In Munich, Rubio was not just Trump's good cop but a mature American leader towering above the crowd.


🎭 π–πŸ‘π π““π“π“˜π“›π“¨ 𝓗𝓾𝓢𝓸𝓻, π“œπ“Ύπ“Όπ“²π“¬, 𝓐𝓻𝓽, π“žπ“Ÿπ“”π“ 𝓣𝓗𝓑𝓔𝓐𝓓

 

Welcome to 

The π–πŸ‘π π““π“π“˜π“›π“¨ 𝓗𝓾𝓢𝓸𝓻, π“œπ“Ύπ“Όπ“²π“¬, 𝓐𝓻𝓽, π“žπ“Ÿπ“”π“ 𝓣𝓗𝓑𝓔𝓐𝓓 

Here’s a place to share cartoons, jokes, music, art, nature, 
man-made wonders, and whatever else you can think of. 

No politics or divisive posts on this thread. 

This feature will appear every day at 1pm mountain time. 


Globalism And America-Hating Destroy All The Fun Of Watching The Olympics

More patriotism, less politics, please.



Whenever the Olympics come back around, I always hear Jerry Seinfeld’s voice in my head asking, “So what’s the deal with nations competing against each other for precious metals? Isn’t nationalism supposed to be unfashionably fascist?” 

It’s all very strange. The globalists who insist on running the world from boardrooms and government cathedrals have nothing but contempt for national pride. It makes you wonder: If the “open borders” crowd continues to get its way and jumbles Western populations so thoroughly (note that countries such as Russia, China, and Japan are cleverly sidestepping this whole mass-migration mess) that England ends up looking indistinguishable from Pakistan and Germany resembles Turkey, will there be any nations left to compete in the Olympics? Or will the whole thing devolve into some mindless inanity in which “Team United Nations” plays “Team United Nations” in every event and in every single game? 

The whole thing is a depressing mess. I really used to get into the Olympics. Like so many other Americans, I dedicated substantial time and energy to learning the rules of exotic sports that I didn’t even know people played (and secretly wondered, “Could I maybe do that and become a world champion?”). I joined others in crowding near hastily set-up television screens in otherwise dark bars so we could remind each other of all the dizzying historic facts we had only recently learned on TV.

“Well, akshually, so-and-so was a beloved curler and largely responsible for inventing the yipsy-dipsy-twiddle-flip-turn-and-release,” I’m sure I said at least once. Who hasn’t yelled at a screen in front of strangers, “He can’t do that!” or “Did you see what those cheating Russians just did?” I have always taken immense pleasure in discovering a sport, learning all its arcane rules over a few beers, and then transforming into an expert commentator capable of explaining the esoteric minutiae that make this sport I just discovered one of the finest sports ever invented.

Why? Because American athletes were competing against athletes from other nations, and all good Americans want American athletes to destroy the athletes of other nations! It’s that simple. Everybody knows it’s true. It’s a form of symbolic conquering, a way for Americans to say, “See, we told you we’re No. 1. Our guys just squashed your guys in this sport I never even knew existed. Haha.” 

Let’s not pretend other countries haven’t always done the same thing. All over the world, patriotic citizens from faraway lands huddled around little screens or radios too, and they all prayed to their gods for “just one chance to beat the Americans.” The smaller the country, the more likely its people’s passions bubbled into raw euphoria every time the Americans looked beaten … But we’re Americans. We don’t get beaten. Sometimes we have to crush the small countries too — in the interest of American-ness

But this year’s Winter Olympic Games continues a distressing trend over recent decades in which many prominent American athletes whine about how awful it is to be an American. Some ostensibly dual-citizen American aprΓ¨s-ski-chic chick actually competes for communist China. Every time I check out Olympic videos, she’s telling the world in her best valley-girl voice how she’s always “felt Chinese.” Then she talks about how bad America is and how wonderful communist China is. Chinese social media and pop culture websites have made her a top story in a nation with over a billion people. She literally gets paid to go all “Hanoi Jane” against Americans.

A civilized country would never let her return. Sorry, go learn Mandarin, attend one of Xi’s universities, and try to avoid getting picked up by Chinese Communist Party police and thrown into one of the country’s “luxurious” political gulags for “liking” the wrong thing online. 

Then we’ve got all the upper-class “ski dudes” and “snow bunnies” who enjoyed pampered childhoods while their parents doled out tens of thousands of dollars so they could hang out in vacation villas each year and work on their “sport.” These young athletes have been around, you know. They’ve seen terrible things in this world, man. In between $15 venti-salted-caramel-mocha-frappuccinos and afternoon Lomi Lomi massages, they have totally, like, seen how federal ICE agents are “hunting” immigrants. Like, we have to defund the police because Trump’s Gestapo is murdering people for dropping off their kids at school … and stuff.

Listening to American athletes bash America on the world stage makes me want to void all their passports and leave them in Europe, where they can fend for themselves against the roving hordes of Islamic “newcomers” whose primary contribution to the continent’s resplendent “diversity” has been their culturally alien proclivity for raping women and children. I certainly can’t be convinced to care about their fake “sports” if they can’t be convinced to pretend to be Americans. They bash America but expect Americans to love them. That’s the Democrat Party through and through. 

Now that President Trump has set up his “Board of Peace” to replace the United Nations, maybe we need a MAGA Olympics to replace the wussy one that currently exists. I’d tune into any sporting event that features raw patriotic pride. I would even attempt to learn the rules and feign expertise. I’m American. We like to win things. That’s what we do.


The Age of Trump: A Sobering Return to Reality

The Age of Trump: A Sobering Return to Reality


A decade after Donald Trump’s descent down an escalator in his New York City apartment building in 2015, it can no longer be denied, either by friend or foe, that we are living in the Age of Trump, and that his shadow will be cast over the first half of the 21st century for as long as historians write their chronicles. But what does this even mean? Trump makes it difficult to discern. We cannot tell what, for him, is a core conviction rather than a negotiating point. He pivots so rapidly between seemingly contradictory positions that his policy framework has become a Rorschach test for the various factions within his coalition. Nevertheless, as we enter the second decade of the Age of Trump, we can begin to define the fundamental values that are undergirding his administration, especially in the realm of foreign policy, even if it often seems as though Trump is allergic to any kind of core principle. But even that, if true, is a matter of values. It’s just a question of what he values and what he is willing to put on the line for it.

Trump began as a candidate in revolt against Democrats and Republicans and all the niceties and rituals that had been established to help mediate the spaces between the parties. Trump-era values are therefore, at least in part, a critique of the animating principles of the past—but how far back in the past?

The predecessor to the Age of Trump was the “post–Cold War era consensus,” and the critique Trump and his supporters make of it is, to put it mildly, robust. The collapse of the Soviet Union brought with it a generation of American hegemonic dominance across the globe that seemed, on balance, quite satisfactory to those involved in creating and perpetuating it. But it was unsatisfactory to Trump and many of those he represents. They rail against the consensus’s supposed preference for “endless wars” and against an economics seen as favoring the interests of shareholders and great wealth over the concerns of the working class and Main Street.

But Trump’s doings and undoings are more than merely a reaction to the triumphalism of the period, including the notion that we had reached the “end of history.” The objections extend back to the basic elements of the post–World War II liberal order itself. Though this order was largely American in origin and a product of the unprecedented global dominance of the United States across all measures of power in the aftermath of World War II, for many it has become a euphemism for a system that allowed our allies a free ride on our defense dollar and the entrenchment of trade rules that allowed foreign countries to place barriers to entry on American-made products while the United States opened itself up to a flood of imports grounded in cheap labor abroad. Even after the Cold War, the United States maintained a disproportionate security burden, while NATO allies shirked defense commitments to boost their domestic welfare programs. American-led interventions in Kuwait and the former Yugoslavia went off smoothly in the earliest post–Cold War years, but the failures in Iraq and Afghanistan created a crisis of confidence and fueled debates about American military presence abroad.

Meanwhile, the economic model that em-erged at the end of the 1970s—with Margaret Thatcher’s ascendancy in the UK, the beginnings of U.S. deregulation in the late Carter administration, and finally the election of Ronald Reagan in 1980—is viewed with deep skepticism despite the fact that the American economy has grown sevenfold over the past four decades and remains the worldwide engine of innovation and productivity. The model, some in the Trump camp argue, led to American manufacturing moving offshore in pursuit of low-cost labor. That produced cheaper goods for American consumers but shuttered U.S. factories and thereby hollowed out middle- or working-class lifestyles across the country.

During that same time, they point out, American strength was being degraded from within. Progressive elites have grown increasingly committed to a worldview that rejects classical liberal and Judeo-Christian values in favor of a self-loathing disrespect toward Western heritage and culture. The very notion of “human rights” went from serving as an international bulwark against another Holocaust and a rallying cry against Communist totalitarian oppression to a weapon used to advance progressive policy preferences—from new forms of marriage to radical notions of gender identity, as well as twisted conceptions of “oppressed versus oppressors” used to justify or excuse anything from antiwhite bigotry to Pakistani grooming gangs in the UK to the heinous attacks of October 7. The values-based case for preserving the postwar liberal order rings hollow when Christians are arrested in the United Kingdom for praying silently outside abortion clinics at the same time that Islamists march freely down British streets chanting anti-Semitic and anti-Western hate, or when free speech is censored under the guise of fighting disinformation and “hate speech” as defined by leftist NGOs.

For these and other, less seemly reasons, more radical elements of the Trump coalition claim that anyone who speaks in favor of maintaining the “postwar foreign policy consensus” is just part of a shameful and entropic “uniparty”—members of a camp pushing for an international order determined to constrain U.S. freedom of action abroad and diminish American sovereignty in favor of the interests and values of a global and “globalist” class.

But even if, as its defenders argue, this order still manages to provide more benefits than any available alternative, it is hard to dispute that its returns have begun falling short relative to the investment of American blood and treasure. How did we manage to reach a point where the nation that established and has led this order is now seeing such diminishing returns? The answer lies in the underlying animating value at the heart of America’s grand strategy for the past century—and ultimately at the heart of the Age of Trump’s critique.

The United States has treated its role as a global superpower much differently than past hegemons. For nearly a century, a fundamental assumption underpinning American grand strategy has been the belief that it was possible (and desirable) at some level to replicate on the international stage what the American experiment aims to do domestically—“to form a more perfect Union.”

For all of its very real triumphs, American foreign policy throughout much of the 20th century and into the 21st century suffered from a misguided, idealistic hubris—certain that our American way was establishing the conditions for permanent peace and stability across the globe. It was within reach; we had only to pave the road. After defeating existential threat after existential threat at significant cost, from Nazi Germany and Japan to the Soviet Bloc, our strategic priority in victory was not to prioritize our own sovereignty and enlightened self-interest but instead to look for ways to foster global cooperation and harmony. Rather than concentrating on identifying and preparing for the inevitable rise of the next great threat, our time and energy were spent trying to create a world in which new threats would not emerge.

Woodrow Wilson was the first to begin advancing this vision of a glorious future—believing that our World War I victory had created an opportunity to secure world peace by creating collective security arrangements grounded in binding multilateral commitments, with the aid of a new international body. Wilson hoped an elite expert class could help set international rules and standards to enable countries to transcend the messy notions of national interests and balances of power in the joint pursuit of the greater global good. Should any threat to this new order arise, each country was expected to jump to its defense, regardless of where the threat originated. Of course, Wilson and fellow idealists believed there would be little need for any such enforcement, because states would adhere to it, being rational actors who wanted good things. Wilson envisioned a self-sustaining order whose foundation lay in the power of institutions and law, rather than what we have come to call “hard power.”

In the end, Wilson’s vision was a resounding failure. Nations were not amenable to being told by an international bureaucratic elite working at his League of Nations what their interests should and should not be, nor were they interested in enforcing multilateral collective security commitments that did not take their concrete national interests into consideration. Wilson’s idealism was no match for the hard realities of power and conflict, and critics like Senate Majority Leader Henry Cabot Lodge were rightly skeptical of the proposition that open-ended universal commitments had an automatic claim on precious American blood and treasure.

Two decades later, as World War II was coming to its end, Franklin Roosevelt tried a different approach. Rather than trying to avoid the problem of national interests, Roosevelt bet that the victorious Allied powers would all see it was in their interest to maintain a stable, peaceful global order. Recognizing this required actual power, he came up with the “Four Policemen” idea, according to which four of the most powerful nations emerging from World War II—the United States, the Soviet Union, the United Kingdom, and China—would work together as enforcers, a concept later echoed in the formation of the United Nations Security Council.

The problem this time was that the United States and the Soviet Union had vastly different views on what that global order should look like, given their fundamentally incompatible ideologies and core values. It took the likes of Republican Senator Arthur Vandenberg—who as a young newspaper editor championed Lodge’s opposition to Wilson’s League of Nations idea—to find common ground with President Harry Truman in shifting American foreign policy to deal with the Soviets as the adversaries they were rather than the permanent allies Roosevelt naively hoped they could be.

By the time Francis Fukuyama put forth his “end of history” thesis in 1989, however, it did seem to many that this time could be different. With the United States emerging as the sole superpower, great-power competition seemed relegated to the past, and thanks to the triumph of democratic capitalism over Communism, it appeared there also was finally an answer as to how nations could organize their affairs in a universally satisfying manner, one capable of unlocking the full potential of the postwar liberal order.

Capitalism and free trade made it possible to envision the interests of nations playing out in a constant series of win-win interactions, fostering strong incentives for peace as a means of maintaining economic prosperity and encouraging the transition of the likes of Russia and China into liberal democracies and responsible global partners. And since, according to the “democratic peace” thesis, mature democratic states do not make war on each other, this would only further reinforce a permanent global peace. American post–Cold War strategy, then, was to ensure this progression continued apace. That it would happen was rarely questioned; the only real doubts were how quickly it would happen and how much work it would take to convince holdouts.

Yet just as with Wilson and Roosevelt, the post–Cold War promise of a universally accepted democratic capitalist system solidifying a permanent global peace came crashing down, in part due to the machinations of a radical Islamist terrorist and the 19 hijackers who brought the fantasy of universal democratic and Western consensus to a fiery end on a sunny September morning. The war that began in 2001 came to an ambiguous end two decades later with our pullout from Afghanistan, an event many think gave the Soviet Union’s dictatorial successor in Russia an implicit green light to start a war on the European continent for the first time in nearly 80 years.

And then there’s China. For not only has the liberal order failed to meet the expectations of Trump and his supporters, but as was true in the aftermath of World War I and World War II, another great-power threat has emerged in Beijing from a nation with the desire and increasing capability to significantly harm our interests—ironically, and inexcusably, thanks in large part to our help.

In a misguided effort to push China toward political liberalization, the United States went to great lengths to bring China into the international economic system. But far from following the rules, China went to great lengths to cheat and steal to gain every economic and technological advantage possible. At the same time, it began conducting what is widely believed to be the largest peacetime military buildup in history, all while significantly ramping up information warfare and malign influence operations aimed at the United States and our allies. Underlying all of this is a desire not just to gain a competitive market advantage or achieve regional hegemony, but to recast the global order in Beijing’s favor—and to the detriment of American interests and values.

In spite of the best intentions of American politicians, history returned with a vengeance—great power confrontation in a fight for global dominance, wars of aggression, economic uncertainty, competition for critical resources. And with the return of history came the Age of Trump.

At its core, the Age of Trump’s foreign policy is in part a rebuke of the idea that history will end, that the universal principles that animate our nation will be universally accepted, and that peace and stability will be everlasting. The question is what to do about this reality. How should this dark and skeptical view inform American foreign policy and America’s place in the world going forward? And how, if at all, do our founding values fit into this future?

A small but vocal Trump faction seeks an Age of Trump that eliminates all vestiges of the postwar liberal order and looks instead to the isolationist, or at least anti-interventionist, spirit that existed prior to World War II. Given how history actually played out, it is easy to forget how strong that current of thought was. Even after having been attacked by Imperial Japan on December 7, 1941, with war in the Pacific a certainty, it was not clear until Hitler declared war on the United States a few days later that we would join the fight against Nazi Germany. From its foundation in 1940, the America First Committee, which claimed 850,00 members—and whose chairman, Robert Wood, was a former general and then-chairman of Sears, Roebuck and Co.—held large rallies against going to war in Europe. It dissolved the day Hitler declared war. The committee’s present heirs seem perfectly comfortable letting American power diminish if doing so furthers the cause of a new Age of Trump characterized by non-intervention.

However, there are two significant reasons why even attempting to make the Age of Trump an isolationism redux will fail. First, Trump’s own actions and policies have made clear at this point that, while he views nearly everything as negotiable, he is not an isolationist and is perfectly willing to use American power to intervene abroad in service of American interests. The narrative that the muscular foreign policy of his first term was just the product of secret Never Trumpers in his administration has been resoundingly crushed by his actions in the second term. One does not send stealth bombers to obliterate Iran’s nuclear facilities or conduct a major military operation to arrest Venezuela’s illegitimate dictator in his bed and bring him to trial in the United States on narco-terrorism charges if there is any squeamishness about the use of American power.

Second, and every bit as important given that Trump has just a few more years in power, his voters actually overwhelmingly reject a United States that has accepted decline and isolation. Polls consistently show that Trump voters are far more hawkish and supportive of a strong U.S. presence on the global stage than the isolationist faction has sought to delude us into believing. Trump voters, including those within his most loyal MAGA camp, have no problem recognizing China, Russia, and Iran as adversaries, and they continue to recognize the value of those allies like Israel who pull their own weight and provide a benefit to American security and prosperity. Trump supporters overwhelmingly prefer a United States willing to confront adversaries rather than a United States that has accepted a supposedly inevitable decline. And even as they may dislike elements of the current postwar order, they have no desire to see a Chinese global order take its place or see someone else’s values and principles dictate global norms. There is a reason why Trump campaigned on slogans like “Make America Great Again” and “peace through strength”—that’s what his voters actually want.

So two things appear to be simultaneously true. Yes, there is a real discontent in the Age of Trump with how the postwar order has evolved in the post–Cold War era. There are real frustrations that the current order has not only required too much of the United States, but that many of its most influential thinkers are now advancing principles and values fundamentally contradictory to those upon which our nation was founded and that form the bedrock of Western civilization. At the same time, neither Trump nor the majority of his supporters wants to forswear U.S. global leadership in favor of a simplistic pre–World War II isolationism that meekly accepts the decline of American power.

In the end, what the Age of Trump’s protagonists seem to want is for the United States to start actually acting like a global power. That means ensuring that any global order we lead and sustain definitively serves the interests of the American people and reflects our founding values and principles. They have no problem with American intervention per se—they simply (and quite reasonably) want American power to be used successfully and in furtherance of America’s enlightened national interest. The goal is not retreating from the world or destroying all vestiges of the order that we helped build, but to remake it as necessary to ensure it is consistent with our national purposes. And if that is indeed the kind of foreign policy this era will pursue, the Founding Fathers provide a worthwhile blueprint for the future—and a bridge back to the moral core of our nation’s founding.

The truth is that the Founding Fathers would have felt far more at home in the rough-and-tumble Age of Trump than the heady early days of the post–Cold War period with all its unrealistic wishcasting. While they were animated by the belief that each person possesses unalienable rights flowing from an intrinsic, God-given dignity, the Founding Fathers did not share the impractical idealism of Wilson or Roosevelt. These 18th-century men refused to harbor unrealistic expectations about human beings and the way politics and power work. While they espoused principles universal in nature, the Founding Fathers were under no illusion that their principles would ever be universally accepted. They knew that their claims would meet resistance; most kings, including the colonists’ lawful sovereign, George III, had little use for dignity-grounded arguments that undermined the legitimacy of royal authority. The question of the vindication of the founding principles of the United States of America was therefore never separate from the need to defend them—and win them—by force.

The Declaration of Independence was not a suicide pact. Revolution is a risky business for those rebelling. Failure means a date with the hangman. But those who signed the Declaration had a plan. The Declaration was not merely a statement of principle and a catalogue of the abuses of the colonies by the crown. It was a strategic document as well.

The commander of the Continental Army, George Washington, had in mind a drawn-out war for independence, one that would avoid a decisive engagement between his force and the formidable British army and its German hireling auxiliaries, the Hessians. Washington sought to make use of the vast territory of the colonies to wear down the British to the point that they’d give up.

But that was not the only aspect of the American power-based strategy for independence. The United States needed, and through the Declaration sought and soon obtained, a willing ally capable of assisting with “boots on the ground” and substantial naval power, of which the United States had none.

France was the key. French strategists anticipated that the power balance in their long-running rivalry with Britain would tilt decisively in favor of the latter if Britain retained its colonies in the New World. Assisting the colonies in their struggle for independence would have the short-term benefit of tying up British forces there and, in the long run, if successful, prevent the British crown from making use of its assets and resources in America in the struggle for position in the Old World. For France, the future of Europe ran through the American Revolution.

The problem was that France couldn’t overtly support the Continentals in the sovereign territory of its British rival so long as the conflict remained at the stage of the tiny 1775 battles of Lexington and Concord. As the historian Larrie D. Ferreiro argues in his 2016 book Brothers at Arms, this was the problem the Declaration of Independence solved. Once the Continental Congress took decisive action, there was no turning back. The equation for France changed. Providing military aid to an independent country was a different proposition from interfering in internal disputes on someone else’s sovereign territory.

While France immediately started providing clandestine support to the Continental Army, the formal French-American alliance against Britain awaited the Continental Army providing the French with proof of concept for the viability of the military endeavor. That came in fall 1777, with the Battles of Saratoga in New York, which ended with the surrender of a surrounded and outnumbered British force of more than 5,000. The French would go on to play a critical role in the war’s final battle at Yorktown in 1781, where their naval forces deprived the British of their anticipated access to the Chesapeake Bay, and the Marquis de Lafayette and the Comte de Rochambeau led French troops alongside Washington’s Continental Army to victory over British General Charles Cornwallis. His surrender effectively ended the war and vindicated the Declaration.

France was not acting altruistically in support of the American Revolution. It was deploying its power in pursuit of its interests, namely, a weakened British Empire humiliated by the loss of its American colonies. The Continental Army had something bigger to strive for, not only independence and survival but also the principles Jefferson set forth in the Declaration. Without the power to defend them by prevailing against the Crown, the principles by themselves might have lived on to inspire others to take them up and fight for them. But with power, they marked the beginning of the United States and its advance to the pinnacle of global power in support of ideas grounded in equal God-given human dignity and the rights that flow from it.

This combination of power and principle, present at the creation of the United States and continuing to animate its growth and vitality for 250 years and counting, remains a reliable guide for American leaders and policymakers in the Age of Trump and beyond. It’s a legacy Americans have made for themselves. The nature of politics is to produce ugly outcomes. What’s unusual is a good outcome, and the United States by 2026 has produced more of them than history has recorded for any other polity, not merely because of our values but also because of the way our power sustains them.

The Age of Trump’s protagonists are right to vehemently reject the voluntary and unnecessary erosion of American power. The challenge is whether they can build something positive—whether they can retain the needed emphasis on power to secure American interests while remaining true to the founding principles that have made and continue to make our nation great.

Doing so will require clarity on several fronts. First, the United States does not merely face strategic competitors, but enemies. These enemies do not need to be manufactured—they have made themselves and their intentions clear. China is leading an anti-American bloc that includes Russia, Iran, North Korea, and (at least until his arrest) Maduro’s Venezuela, all united around a single goal, which is to bring the United States to its knees. China is ultimately not interested in securing a better trade deal or being placated with a sphere of influence, as ironically, Trump and some of his advisers seem to believe. China wants a Washington subservient to Beijing, and it knows it can count on its revanchist partners in a campaign to harm American interests and standing.

Second, while American foreign policy must be completely oriented toward denying and degrading the threat from this Chinese bloc, we must be realistic about what success means. While America’s 20th-century experiences with great-power clashes resulted in outright victories, history shows us that this is not necessarily the norm. We instead should expect decades, or even centuries, of the kind of long struggles seen throughout European history, where success more often looks like consistently tipping the scales in one’s favor rather than a decisive defeat that catapults us back into the status of uncontested global hegemon. This means steeling the American people and orienting our defense and economic policies on a timeline lasting decades while unabashedly employing hybrid-warfare tactics to weaken and undermine the enemy regimes—as they are doing to us now.

Relatedly, even if we did secure a more decisive victory reminiscent of World War II or the Cold War, we should not make the mistake of assuming that such a victory will be permanent. For every Japan that becomes a useful ally, there is the Soviet Union that simply morphs into the same adversary in a different form.

Third, our interests are best served when we both set and enforce the rules. The postwar order’s failures are lessons that must be learned and not repeated. We should not allow our adversaries into an order we lead. We should require even our allies to shoulder a fair burden, and we should hold them to account when they abandon shared values and principles. Preserving an order in which America remains predominant will require a lot of work. It will be far harder than throwing up our hands and walking away, as our enemies would like and as the isolationists among us dream of doing. But our order is far preferable to a world dominated by the Chinese Communist Party.

And fourth, the Age of Trump must be one that faces up to the “clash of civilizations” framing articulated by Fukuyama’s great antagonist, Samuel P. Huntington. It’s not just that our allies sometimes need cajoling to recommit to shared civilizational values; we also need to remind ourselves why we fight our enemies. Our national interests are morally superior to those of our adversaries because the values that inform them are morally superior. The principle animating our nation from the beginning is the unshakeable belief in the dignity of every human, and it is fundamentally incompatible with the values that animate the Chinese Communist Party, Putin, or any of our other adversaries. We know from history that our values will never be universally accepted but will always be under various forms of attack. Rather than running from this reality, the Age of Trump can and should use it as the glue that again marries principle with power.

We did not know it then, but Trump’s escalator entrance was the start of a sobering return to reality. History is clear: No peace is permanent, and human beings are incontrovertibly imperfectible. Conflict and war between states will never be relegated to the ash heap of history, and international relations will always be a nasty fight for supremacy, one in which the winner gets to shape the future according to its interests and values. The test for the Age of Trump is whether it ultimately will repeat past mistakes and abandon either principles or power (or both), or whether it will reconnect power to America’s founding values and lay to rest the dangerous delusion that power is unnecessary or self-sustaining.

Photo: Heather Diehl/Getty Images



Will We See a Supreme Court Vacancy (or Two) This Summer?


Few things in Washington, D.C., generate as much excitement and intrigue as a Supreme Court confirmation showdown. For decades, since the eponymous "borking" of then-Supreme Court nominee Bob Bork in 1987, political battles surrounding the membership of the nation's high court have been among the most contentious and raucous of Beltway affairs. Which is why it's rather curious that very few outside the most fervid of court-watchers seem to be discussing the distinct possibility that there could be one or two Supreme Court vacancies after the current term ends this summer.

Justice Samuel Alito is 75 years old — and will be 76 by the end of this term. Justice Clarence Thomas is 77 years old — and will be 78 by term's end. Alito just celebrated 20 years of service on the high court, and Thomas would mark 35 years of service this October — nice round numbers. Alito has a forthcoming book set for release this October, around the start of the next Supreme Court term. That isn't anywhere near dispositive — Justice Amy Coney Barrett published a book last September, and Justice Neil Gorsuch has released two books since he was confirmed to the court in 2017 — but it has certainly fed speculation.

Thomas and Alito are, by some order of magnitude, the two most principled conservative justices currently sitting on the high court. It stands to reason that they would like to be replaced by ideological fellow travelers — something that likely requires a like-minded president and a like-minded U.S. Senate majority. As the late Justice Antonin Scalia, who was very much an ideological fellow traveler, told Chris Wallace in a 2012 interview, "I would not like to be replaced by someone who immediately sets about undoing what I've tried to do for 25-26 years. I mean, I shouldn't have to tell you that, unless you think I'm a fool."

If there is one thing we can say with certainty about Thomas, who is perhaps the single greatest living American, and Alito, who is perhaps the most authentic Burkean conservative on the high court, it is that they are decidedly not fools.

Republicans currently hold a 53-47 majority in the Senate. What's more, they face a remarkably favorable map this November: The GOP is defending very few (if any) swing-state Senate seats, and it will have enticing Senate pickup opportunities in Georgia, Michigan, Minnesota and New Hampshire. But to paraphrase the old quip from former Israeli diplomat Abba Eban, Republicans oftentimes never miss an opportunity to miss an opportunity. Accordingly, the increasingly voluble scuttlebutt out of Washington is that there is a chance Democrats retake not merely the nearly evenly divided House, but the Senate as well. Those odds are below 50 percent — the online exchange Polymarket, for instance, currently places the GOP's odds of retaining the Senate around 60 percent — but there is certainly a chance it happens.

That wouldn't just spell doom for the final two years of President Donald Trump's second term. It would be potentially calamitous for the future of the Supreme Court as well. Does anyone think that Sen. Chuck Schumer (D-N.Y.) and his Democratic caucus are not prepared to stall and refuse to confirm any prospective Trump nominee to the high court? Of course, they are prepared to do that. If Republicans lose the Senate this November and Thomas and Alito stick around through the 2028 presidential election, they will, in essence, be wagering on Republicans maintaining the White House and winning back the Senate.

Is that a risk worth taking?

In fairness, it might be. Republicans have historically botched few things more than they have Supreme Court nominations — from Justices William Brennan (brought to us by President Dwight Eisenhower), Harry Blackmun (President Richard Nixon), and David Souter (President George H.W. Bush), to some of the more milquetoast Trump selections such as Barrett and Brett Kavanaugh. The track record is not exactly inspiring. And because Thomas and Alito are the two finest conservative jurists on the high court, there is little to no room for improvement, from a constitutionalist perspective — there can only be regression.

Nonetheless, despite the GOP's woeful judicial nominations track record, there are plenty of outstanding potential justices-in-waiting. My former boss, Judge James C. Ho of the U.S. Court of Appeals for the 5th Circuit, a former Thomas clerk, is likely the single most principled originalist of all current lower-court federal judges. His 5th Circuit colleague Andrew Oldham, a fellow stalwart, happens to have the corresponding symbolism of being a former Alito clerk. D. John Sauer, the outstanding current U.S. solicitor general, is a former Scalia clerk and a rapidly emerging dark horse contender. There are other possible rock-solid nominees as well.

Far be it from me to encourage Thomas or Alito, each a hero of the American republic, to retire. But the timing does seem right. And as a political issue, a September confirmation showdown (or two) in the Senate Judiciary Committee could serve to boost Republican enthusiasm at the ballot box in November. In fact, it could be just what the doctor ordered.


Bringing Back The Talking Filibuster Could Do More To Save America Than Just Passing The SAVE Act


The talking filibuster is worth trying. It is worth a public accounting of whether this Senate, in this moment, 
for this American people, can deliver on its duties.



Public pressure for the Senate to take up and pass the SAVE America Act, the Republican authored and promoted bill that will require voter ID and proof of U.S. citizenship to vote in our federal elections, has advanced to the point that an unlikely body has actually taken notice of the effort: the Senate itself.

Ensconced in six-year terms that are offset from the pressures of presidential elections, protected by rules and norms that in most circumstances require 60 out of 100 senators (that is to say, requiring some partisan crossover) to proceed to the point where a simple majority can pass a bill, and slowed by a consideration of one another’s personal time that borders on obscene, the Senate is often a bystander to its own functions.

Recent “innovations,” the various nukings and counter-nukings of rules that will be the enduring legacy of the Reid/Jentleson-McConnell/Stewart era, have further estranged the Senate from its purpose. Non-appropriations bills or bills that otherwise authorize and move hundreds of billions of dollars are relegated to “messaging” or “show-vote” status at best, or, more often, outright ignored. To paraphrase former Rep. Dave Brat (R-VA), if a bill doesn’t service the great donor spreadsheet in the sky, it doesn’t move. It is in this context that we should understand the debate in Republican circles about the revival of the talking filibuster.

Sen. Mike Lee (R-UT) and former Senate Steering Director Rachel Bovard have done an admirable and effective job of making the case for the use of this particular procedure in lieu of changing or ignoring any existing Senate rules. Unsurprisingly, the prospect of the Senate passing a bill has met internal and external resistance. Rachel Bovard, apparently an easier target to impugn both directly and indirectly has the naysayers beat on chapter and verse. The lack of technical engagement against her arguments is proof enough of her mastery that I do not need to demonstrate my own deficiencies in debating Senate arcana. Two arguments against the talking filibuster, and Bovard’s advocacy of it in particular, require some public discussion.

The first argument is one that masquerades as prudence, in Kimberley Strassel’s social media response to Rachel Bovard’s Federalist piece highlighting the flaws in Strassel’s arguments against the resuscitation of the talking filibuster. After all but conceding that her technical understanding of what was at stake was fatally flawed, Strassel states, “My piece is a foretelling of how this will more likely play out — which spoils the party punch.” To wit, Strassel does not believe that Senate Republicans will be able to hold together to force debate, act in concert against Democratic amendments to preserve the underlying bill, make effective arguments in their own defense, and deliver to 50 votes in favor that the co-sponsorship of the SAVE America Act suggests exist.

That is a bold pronouncement against the leadership ability of Majority Leader John Thune, R-SD, and President Trump for a start. But all senators should be offended that it is an acceptable professional parlor game to count their noses before the debate has begun. “They can’t because they won’t” may or may not turn out to be true. Presented as a reason to not take action, however, it points to an unacknowledged part of Bovard’s argument that deserves more attention, as it seeks to remedy the core of the problem in the Senate.

Bovard writes, “A talking filibuster — using the Senate as it was designed — provides a catharsis that may, in fact, reduce the pressure to ‘nuke’ the filibuster as the country is able to witness the chamber openly deliberate and negotiate on the issues that matter to them.”

That catharsis could prove more vital to our institutions than the SAVE America Act itself. Even senators that never experienced a pre-nuclear Senate know that something is wrong in their chamber. They have powers that they are all but forbidden to use. Their policy ideas are shelved without their consent. They not only cannot solve the biggest problems of the day, but they often are also unable to even discuss them in a legislative context. Doing the textbook version of their jobs, with the public pressure to provide results, would produce that rarest of things in our contemporary politics — a bona fide legitimate result. I differ with many of my colleagues in the conservative movement about the overall efficacy and desirability of legislative debate in achieving our goals. However, a culture of debate undoubtedly has the potential to produce its own norms and scramble factional and partisan plans. For those who have made a cottage industry of warning in dread tones about the pernicious influence of populism and creeping impulses towards imperialism, this new way forward should have at least some appeal.

When a longtime veteran of the institution is pleading for this catharsis, for the return of relevance to the institution, it should not be lightly dismissed. The talking filibuster is worth trying. It is worth failure and success. It is worth a public accounting of whether this Senate, in this moment, for this American people, can deliver on its duties.