Bob Sheak
May 1, 2025
Trump’s self-image
-Ashley Parker and Michael Scherer quotes Trump: “I run the country and the world” (https://theatlantic.com/magazine/archive/2025/04/trump-second-term-comback/682573
Trump’s enrichment
New York Time’s journalist Steve Rattner writes on April 27, 2025, how Trump is the biggest beneficiary of his own chaotic economic policies (https://stevenrattner.com/article/new-york-times-trumps-biggest-beneficiary-himself). He’s worth citing at length.
“No presidential administration is completely free from questionable ethics practices, but Donald Trump has pushed us to a new low. He has accomplished that by breaking every norm of good government, often while enriching himself, whether by pardoning a felon who, together with his wife, donated $1.8 million to the Trump campaign; promoting Teslas on the White House driveway; or holding a private dinner for speculators who purchase his new cryptocurrency.”
Rattner delves into Trump’s motivation.
“In his trampling of historically appropriate behavior, Mr. Trump appears to be pursuing several agendas. Personal enrichment stands out: Imagine any other president collecting a cut of sales from a cryptocurrency marketed with his likeness. There is the way he is expanding his powers: He has ignored or eliminated large swaths of rules that would have inhibited his freedom of action and his ability to put trusted acolytes in key roles. And then there’s rewarding donors, whether through pardons or favors for their clients.”
Some implications
“The corruption of Trump 2.0 has not gotten the attention it deserves amid the barrage of news about Mr. Trump’s tariff wars, his attack on scientific research and his senior appointees’ Signal text chains. But self-dealing is such a defining theme of this administration that it needs to be called out. Like much that Mr. Trump has done in other areas, it announces to the world that America’s leaders can no longer be trusted to follow its laws and that influence is up for sale.”
Examples from Rattner of Trump’s self-dealings in the first 100 days.
1 – He Eliminated Guardrails
“He turned a legitimate federal employee designation into a loophole. By giving senior officials such as Elon Musk the title ‘special government employee,’ Mr. Trump avoided requirements that they publicly disclose their financial holdings and divest any that present conflicts before taking jobs in the administration.
“He ended bans that stopped executive branch employees from accepting gifts from lobbyists or seeking lobbying jobs themselves for at least two years.
He loosened the enforcement of laws that curb foreign lobbying and bribery.
2 – He Fired Potential Resisters
“He dismissed the head of the office that polices conflicts of interest among senior officials….jettisoned the head of the office that, among other things, protects whistle-blowers and ensures political neutrality in federal workplaces….[and] purged nearly 20 nonpartisan inspectors general who were entrusted with rooting out corruption within the government.”
3 – He Rewarded His Wealthiest Donors
“Rewarding donors is part of any presidential administration. Every president in my memory appointed supporters to ambassadorships. But again, Mr. Trump has gone much further.
“Jared Isaacman, a billionaire with deep tentacles into SpaceX, gave $2 million to the inaugural committee and was nominated to head NASA — SpaceX’s largest customer.
“The convicted felon Trevor Milton and his wife donated $1.8 million to the campaign and Mr. Milton received a pardon, which also spared him from paying restitution.
“The lobbyist Brian Ballard raised over $50 million for Mr. Trump’s campaign, and Mr. Trump handed major victories to two Ballard clients. He delayed a U.S. ban on China-owned TikTok his first day in office and killed an effort to ban menthol cigarettes, a major priority of tobacco company R.J. Reynolds, on his second.
“Mr. Musk, the Tesla and SpaceX billionaire who spent $277 million to back Mr. Trump and other Republican candidates, requires his own category.
“As a special government employee, Mr. Musk is supposed to perform limited services to the government for no more than 130 days a year. By law, no government official — even a special government employee — can participate in any government matter that has a direct effect on his or her financial interests. That criminal statute hasn’t stopped Mr. Musk and his so-called Department of Government Efficiency from interacting with at least 10 of the agencies that oversee his business interests.”
Rattner continues.
“As Mr. Musk’s political activities started to repel many potential customers of Tesla, his electric vehicle company, Mr. Trump lined Tesla vehicles up on the White House driveway and extolled their benefits. Then Commerce Secretary Howard Lutnick urged Fox News viewers to buy Tesla shares.
“DOGE nearly halved the team at the National Highway Traffic Safety Administration that regulates autonomous vehicles. The agency has been investigating whether Tesla’s self-driving technology played a role in the death of a pedestrian in Arizona.”
4 – Trump went All In on Cryptocurrency
“Critics of crypto argue that it has demonstrated little value beyond enabling criminal activity. Despite this, Mr. Trump has wasted no time eliminating regulatory oversight of the industry at the Securities and Exchange Commission and the Justice Department, even as his family grows ever more invested in it.
“By enabling money to be delivered anonymously and without any bank participation, crypto offers the possibility for any individual or foreign state to funnel money to Mr. Trump and his family secretly. Moreover, Bloomberg News recently estimated that the Trump family crypto fortune is nearing $1 billion.”
5 – Money flowing into Trump’s political action committees
Mr. Trump is reportedly on his way to raising $500 million for his political action committees — highly unusual for a president who cannot run for re-election.
6 – Investment opportunities in Saudi Arabia
A new Trump Tower is underway in Jeddah, Saudi Arabia’s second largest city, with plans for two more projects for the kingdom announced after Mr. Trump’s November election victory, all in partnership with a Saudi company with close ties to the Saudi government.”
Where Trump’s major campaign promises stand after 100 days
Brett Samuels considers this issue in an article published on April 28, 2025
(https://thehill.com/policy/defense/5267775-trumps-first-100-days).
Immigration and the border
“Through 100 days, he has delivered on a host of actions intended to ramp up deportations, clamp down on border crossings and close off pathways for refugees and asylum-seekers to enter the country.
“On his first day in office, Trump declared a national emergency at the southern border and began surging resources to the area, including from the Pentagon. The White House shut down the CBP One app, which migrants could use to make appointments at the border.
Trump signed an executive action aimed at ending birthright citizenship for children born to people who do not have legal status in the U.S. The matter is set to come before the Supreme Court in May, as critics have argued the move violates the 14th Amendment.
Trump paused refugee admissions and ended temporary protected status (TPS) for certain groups.”
“The president in March signed a proclamation invoking the Alien Enemies Act, asserting that any members of Tren de Aragua older than 14 years residing in the United States be ‘apprehended, restrained, secured, and removed as Alien Enemies.’”
“While deportations have not quite reached the soaring levels Trump spoke about on the campaign trail, a White House official predicted the U.S. would set a record by the end of 2025 for deportations in a single year.”
Inflation and tariffs
Samuels writes: “Trump’s biggest problem on inflation and prices could come from his own hand.
“The president would often muse on the campaign trail that ‘tariff’ was one of the most beautiful words in the dictionary as he outlined his plans to aggressively deploy tariffs to reshape global trade, and boost manufacturing.
Trump so far has made clear his tariff talk was no bluff.
The White House has imposed tariffs on Canada, Mexico and China over the flow of fentanyl into the United States.
The administration imposed a 10 percent tariff on all imports, as well as higher “reciprocal” tariffs on dozens of countries, including allies like Japan, India, South Korea and members of the European Union. In the face of skittish financial markets, Trump announced he would lower those ‘reciprocal’ tariffs to 10 percent for all countries for 90 days, except in the case of China, where he has ratcheted up duties on Chinese goods to a total of 145 percent.
“The president has imposed sector-specific tariffs on steel and aluminum imports and automobile imports. He has laid the groundwork to impose additional tariffs on pharmaceutical imports, critical mineral imports, semiconductor imports and copper imports.”
The war in Ukraine
“Trump made grand promises while on the campaign trail about ending the war in Ukraine, pledging at various points that he would be able to solve the conflict within 24 hours of taking office and at one point asserting he could broker an end to the war during the transition.” Yet to be achieved.
“Trump administration officials have met directly with counterparts from Russia and Ukraine, and the president has met with Ukrainian President Volodymyr Zelensky and spoken with Russian President Vladimir Putin.”
“Trump has at times lashed out at Zelensky and at other times lashed out at Putin and Russia, placing blame on both nations as an impediment to an agreement. He has also in recent weeks sought to distance himself from the conflict, describing it as ‘Biden’s war,’ a reference to the previous administration.
Transgender issues
“One of Trump’s most consistent applause lines on the campaign trail came when he would tell supporters, typically at the end of rallies, that he would ‘keep men out of women’s sports.’
“Trump made good on that campaign rhetoric just weeks after taking office, signing an executive order to ban transgender women from competing in girls and women’s sports. The White House invited hundreds of guests for the signing, touting it as a major milestone early in the administration.”
“The Pentagon reinstated a ban on transgender troops serving in the military, a move that has been caught up in the courts. On Trump’s first day in office, he signed an executive order recognizing only two sexes, male and female, and directing federal agencies to cease promotion of the concept of gender transition.
Pardons, DEI and more”
Pardons
“On his first day in office, Trump pardoned roughly 1,500 people charged in connection with the Jan. 6, 2021, Capitol attack. The move surprised even some of his aides, who had suggested Trump’s pardons would be more targeted.”
“Another major culture war issue that Trump took on during the campaign was ending diversity, equity and inclusion (DEI) policies in the government.
The Trump administration swiftly put federal employees in DEI roles on leave and moved to shutter DEI-related offices. The president has also signed orders directing the Pentagon and State Department to remove DEI initiatives.
Revenge
“The president has also followed through on what many of his critics feared, using the levers of government to directly target his political opponents.
“While Trump said on the campaign trail that ‘success’ would be his revenge on his opponents, he has cut off security details for former administration officials who had been critical of him.
“Trump has directed the Justice Department to investigate two former administration officials who crossed him. And he signed an executive order targeting ActBlue, a major Democratic fundraising platform.”
Trump is severing US from the world
Ben Rhodes reports that it only took a 100 days for Trump to sever America from the world (https://nytimes.com/2025/04/27/opinion/100-days-trump-world.html).
Mr. Rhodes is a contributing Opinion writer and the author, most recently, of “After the Fall: The Rise of Authoritarianism in the World We’ve Made.”
“Consider the breadth of this effort. Allies have been treated like adversaries. The United States has withdrawn from international agreements on fundamental issues like health and climate change. A “nation of immigrants” now deports people without due process, bans refugees and is trying to end birthright citizenship. Mr. Trump’s tariffs have upended the system of international trade, throwing up new barriers to doing business with every country on Earth. Foreign assistance has largely been terminated. So has support for democracy abroad. Research cuts have rolled back global scientific research and cooperation. The State Department is downsizing. Exchange programs are on the chopping block. Global research institutions like the U.S. Institute of Peace and the Wilson Center have been effectively shut down. And, of course, the United States is building a wall along its southern border.”
The domestic economic impact
“If the current reduction in travel to the United States continues, it could cost up to $90 billion this year alone, along with tens of thousands of jobs. Tariffs will drive up prices and productivity will slow if mass deportations come for the farm workers who pick our food, the construction workers who build our homes and the care workers who look after children and the elderly. International students pay to attend American universities; their demonization and dehumanization could imperil the $44 billion they put into our economy each year and threaten a sector with a greater trade surplus than our civilian aircraft sector.
The outlook gets worse with time. Why would other countries choose to invest in a country where the president roils global markets through social media posts, profits from crypto schemes that fleece ordinary people and undermines the rule of law upon which commerce depends? It’s far more likely that nations will make trade deals and forge supply chains without the United States while China and its growing list of partners accelerate a movement away from the dollar as the world’s reserve currency.”
“After 250 years of growing more diverse and more connected to the world, Mr. Trump and his cohort are imposing the staid insularity of self-imposed decline. The draining of democratic values from our national identity will leave America defined by its size, power and quixotic lust for profit: a place, not an idea. Roosevelt left us the inheritance of believing we were the good guys. Mr. Trump is eviscerating that pretense as cuts to U.S.A.I.D. have almost certainly caused more civilian deaths than Russia’s invasion of Ukraine.”
Polls reflect Trump’s inept economic policies
John Nichols delves into how Trump’s poll numbers have collapsed, The Nation, April 29, 2025 (https://thenation.com/article/politics/trump-polling-numbers-have-collapsed). Here’s some of what he writes.
“After the first 100 days of his second term, Donald Trump occupies the national stage as a historically unpopular president—a suddenly exposed and challenged commander in chief whose combination of scorching ineptitude and creeping authoritarianism has removed the veil of invincibility that Trump obtained in the period leading up to and immediately following his inauguration on January 20.
“Trump’s personal approval ratings are collapsing. So are the polling numbers that measure enthusiasm for his approach to issues that were once considered to be his strong suit. And so, too, are the numbers for his congressional allies, who now face the very real potential for defeats in the 2026 midterm elections that could leave Trump’s administration without the ability to govern in the last two years of his second term.”
“Media outlets released four major new polls today, all pegged to the 100-day mark of Trump’s second term, all with similar findings,” observed Stelter.
“The headlines:
Washington Post/ABC News: “Trump approval sinks as Americans criticize his major policies.”
CNN: “Trump’s approval at 100 days lower than any president in seven decades.”
NBC: “Americans vent disappointment with Trump ahead of his 100-day mark, especially on tariffs.”
CBS: “Trump’s first 100 days seen as bringing big changes, but still too much focus on tariffs.”
“Trump’s actual poll numbers are worse than those headlines suggest,” Nichols points out. He’s not just doing badly. He’s doing epically badly. Just 39 percent of those surveyed for the latest ABC News/Washington Post/Ipsos poll approve of how Trump is serving as president. The ABC analysis of that figure explained, “Donald Trump has the lowest 100-day job approval rating of any president in the past 80 years, with public pushback on many of his policies and extensive economic discontent, including broad fears of a recession.”
“Even supposedly conservative pollsters are suggesting that Trump’s in trouble, with Rasmussen Reports finding that, by a 51–42 margin, Americans think the country is headed in the wrong direction under Trump. The overall pattern, as reflected in the Real Clear Politics survey of all recent polls, finds that voters believe, by a 51–39 margin, that the country is off course.
“An even more serious concern for Trump and his allies is the collapse in faith in the president’s ability to deal with what were considered to be his strongest issues.
“The new Associated Press/IPSOS poll finds that 53 percent of Americans now disapprove of the president’s handling of immigration policy, while just 46 percent approve. Independent voters, whose support is critical for Trump, disapprove of his handling of migrant and refugee concerns by a staggering 61–37 margin. And the trouble is not limited to that one issue. The new Fox News poll finds that just 38 percent approve of Trump’s approach to taxes and the overall economy, while an even smaller cohort—a mere 33 percent— backs his handling of inflation.
“For congressional Republicans who have stuck with Trump, the poll numbers have taken a major turn for the worse. The Fox News survey finds that, were the mid-term elections held now, voters would back generic Democratic candidates over Republicans by a 49–42 margin. That sort of split, were it to be reflected in the November 2026 midterm election results, would obliterate Republican control of the House.”
“Trump’s ability to intimidate and discourage those who disagree with him is crumbling, as mass demonstrations against his policies erupt across the country and critics are boldly speaking out in the bluntest of terms.”
Concluding thoughts
Trump is taking the economy on a precarious path that will likely isolate the United States from the global economy, create shortages of goods and services here, find ways to enrich himself and the rich, with attempts to make the U.S. an authoritarian state, dismissing due process at a whim.