By Kevin D. Williamson
Friday, November 29, 2024
I cannot quite congratulate my colleague Kevin Hassett on
his
new appointment as director of the White House National Economic Council,
from which position he will be—or should be—among the most important shapers of
the Trump administration’s economic policies. But I do wish him success in the
role—assuming we agree about what constitutes success, and I am not sure we can
assume that.
I have three related thoughts.
First: I will try not to repeat this every time I write
about a Trump nomination or appointment, but I do not believe there is an
honorable way to serve in this administration. Trump attempted to stage a coup
d’état in 2021 in order to illegitimately remain in power, and no serious
patriotic person can associate with him at this point without being tainted by
that fact. Even the gentle Amish have a tradition of shunning, and it is not as
though Trump or those around him have repented of their crimes and sought
reconciliation—they celebrate their crimes, revel in them, and endlessly
justify them.
That being said, there is, of course, an argument that a
Trump administration advised by capable and decent men and women—and Kevin
Hassett is one such—will be more likely to do more good and less harm than a
Trump administration where the only voices are those of grifters and fanatics
such as Steve
Bannon and Steve Bannon, respectively. I am not convinced that is actually
true as a matter of fact, as Trump is not famous for taking advice on the big
things: It is not as though he had to be persuaded by someone to try to carry
out the attempted coup in 2021 or that the better angels of his advisers’
spirits, if they were anywhere to be found, succeeded in dissuading him.
It is true that in some matters, including a considerable
swath of policy issues that he neither understands nor cares about, Trump can
be like Lord Derby, who, “like the feather pillow, bears the marks of the last
person who has sat on him”—which is no small thing given the assortment of
asses we are talking about. But Trump makes a big impression of his own on the
feather pillows he encounters.
The wise position may be found in some golden mean
between two of my intellectual heroes: Milton Friedman, who defended his advice
to Augusto Pinochet on the grounds that it was good advice and that Chile would
have been better off if he had followed more of it, and F.A. Hayek, who once received
a gently corrective letter from Margaret Thatcher about his excessive
indulgence of the same dictator.
Second: I do wonder if Trump’s promises of economic
radicalism breaking from Republican and old-school conservative approaches are
very much helped by his naming to this top spot an American Enterprise
Institute fellow and the former economics editor of National Review rather
than, say, Sohrab Amari or Mike Lindell, whose pillows do not even have
feathers in them. (They are stuffed with polyurethane foam.) For all his
sneering at conservative intellectuals and institutions, Trump has relied on a
number of National Review veterans for economic advice: Hassett served
in the first administration, as did Larry Kudlow, another former economics
editor at the magazine that led, for
a moment, conservative opposition to Trump.
In a similar way, I wonder whether Trump’s “drain the
swamp” talk is at all diminished in the minds of his admirers by his nomination
of a billionaire hedge-fund manager (Scott Bessent) as treasury secretary, the
billionaire CEO of Cantor Fitzgerald (Howard Lutnick) as commerce secretary,
and a registered lobbyist formerly
on the payroll of at least one foreign government (Pam Bondi, registered
henchwoman of the Qatari monarchy) as attorney general.
Third: Power tests character, as does mere proximity to
power. The temptation to engage in policy-shop turd-polishing is very strong,
and Hassett has in the past taken an implausibly rosy view of what he surely
knows to be bad policies (particularly on trade)
while developing
a certain cultivated reticence regarding things he knows to be true, such
as the role
of immigration in supporting economic growth and dynamism. Kudlow also has
at times practically sweated through the effort to put a happy face on economic
positions
he knows to be both daft and destructive.
My hope is that Hassett will be able to shape the Trump
administration more than the Trump administration shapes him. But I worry about
the sobering example of J.D. Vance, who has allowed himself to be so
awfully diminished by the pursuit of something of such modest value as the
vice presidency.
Lord Derby is long gone, but the relationship between
feather pillows and that by which they are shaped remains the same.
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