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I can’t afford this Trump economy


Beware Princes Bearing Gifts​

by William Kristol

I’m old enough to remember when this was a republic. A proud republic. We were proud to be different from the principalities and powers of the old world. We were confident of our superiority to the hereditary aristocracies and monarchies that had dominated political life everywhere on the globe, and that still did in many places.

In those older and simpler days we spoke of and even believed in republican virtue. And so we nodded along to passages like this, from Federalist No. 39:

The first question that offers itself is, whether the general form and aspect of the government be strictly republican. It is evident that no other form would be reconcilable with the genius of the people of America; with the fundamental principles of the Revolution; or with that honorable determination which animates every votary of freedom, to rest all our political experiments on the capacity of mankind for self-government.
We old republicans tended to take this “honorable determination” for granted. We also took for granted some of the provisions of the Constitution that followed from this principle. They seemed a little old-fashioned and quaint, but still meaningful—such as Article I, Section 9, Clause 8.

No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.
How naïve we were back then.

Now, the president of the United States is boasting of receiving as a gift a luxury Boeing 747-8 plane from the Qatari royal family. The plane will be upgraded to serve not as the Air Force One but as his Air Force One, since it will only be available for use by the government of the United States during his time in office. It will then revert to him—well, nominally to his presidential library, but it will of course be totally at his disposal—after he leaves office.

This sure seems like a “present” or “emolument” to a person holding “an office of trust” from “a King, Prince, or foreign state.”

But not to worry. Attorney General Pam Bondi—once a registered lobbyist for Qatar, as it happens—has concluded that the transaction is permissible under U.S. law and the Constitution.

How nice that the Trump administration still pretends to maintain some façade of respect for the Constitution even as it flouts it.

But Trump can’t really conceal his contempt for the old republican ways. Last night, he posted this on social media:

So the fact that the Defense Department is getting a GIFT, FREE OF CHARGE, of a 747 aircraft to replace the 40 year old Air Force One, temporarily, in a very public and transparent transaction, so bothers the Crooked Democrats that they insist we pay, TOP DOLLAR, for the plane. Anybody can do that! The Dems are World Class Losers!!!
This is the voice of old-world autocracy. Those who take seriously the constraints and requirements of republican government are fools. Those who care that our republican government not be dependent on foreign states, that our elected leaders not take favors from foreign princes, they are losers.

Leave aside all the questions about Qatar’s ties with Iran and Hamas. Leave aside that Qatar, on the other hand, has been designated a major non-NATO ally, and that Qatar hosts the largest U.S. military installation in the Middle East.

This isn’t about Qatar. It’s about us.
 
It did pass out of committee Sunday night…


GOP leaders said they hope to try again on Sunday night. That presumably means they are spending the weekend frantically negotiating in private, trying to secure votes from a handful of holdout Republicans—all in the hopes of keeping Donald Trump’s “big, beautiful bill” of spending reductions and tax cuts moving through the House.

Delays like this have plagued the Republican effort ever since House Speaker Mike Johnson first vowed to have legislation on Trump’s desk by Memorial Day. And if you’ve been following this saga in the press—or here at The Breakdown!—you’ve heard a lot about how the delays are a sign of internal GOP division, especially when it comes to the scale of those Medicaid cuts.

But the focus on the delays can be a bit of a distraction. Because right now the real question is not why the Republicans are moving so slowly but why they are moving so quickly—and what they don’t want you to see.
 
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For months, big retailers have been warning that prices will rise.

Now, thanks to insider information from Target workers, the extent of the raises are becoming apparent. Staff say it is just the beginning.

A $9.99 USB-C cord from the store's in-house Heyday brand is now ringing up at $17.99, according to a self-identified employee on Reddit.

'It's happening,' the worker wrote, sharing a photo of the price tag update. 'All of Heyday is going up.'

The spike — an 80 percent increase — is being blamed on the latest wave of tariffs linked to President Donald Trump's trade policies.

Target's price rises come after Walmart on Thursday confirmed that it is raising prices this month as a direct result of tariffs.
 

For months, big retailers have been warning that prices will rise.

Now, thanks to insider information from Target workers, the extent of the raises are becoming apparent. Staff say it is just the beginning.

A $9.99 USB-C cord from the store's in-house Heyday brand is now ringing up at $17.99, according to a self-identified employee on Reddit.

'It's happening,' the worker wrote, sharing a photo of the price tag update. 'All of Heyday is going up.'

The spike — an 80 percent increase — is being blamed on the latest wave of tariffs linked to President Donald Trump's trade policies.

Target's price rises come after Walmart on Thursday confirmed that it is raising prices this month as a direct result of tariffs.
I was told repeatedly by Trump that his tariffs would not increase prices. Did Donald just lie?
 
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