Newspaper Reader: please note my highlights:
Mar 12, 2025
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The discovery that Trump is electoral halitosis isn’t the only thing diminishing his golden facade. Shortly before the president’s inauguration, George Osborne spoke of the mood among Democrats he encountered in Silicon Valley: “There is a real feeling, and it’s quite a contrast to what’s happening in Europe and in the UK, that the animal spirits of capitalism have been fired up, that deregulation is coming, that further growth is coming, that this is, as he himself describes it, a new golden age for America.”
How, you might ask, is that working out? Since Trump entered office, US economic growth forecasts have been slashed (Goldman Sachs projects growth of just 1.7 per cent this year, down from 2.4 per cent) and stock markets have plummeted. The tech billionaires who attended Trump’s inauguration have collectively lost $209bn since his second term began. A majority of the US public (52 per cent) now disapprove of his performance to date – always an uncomfortable position for a populist to be in.
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Editor: For those who cant resist the New Statesman’s Neo-Liberalism, offered as ‘New Times, New Thinking’, there is so much more to chew on! George’s Oxbridger Education reveals itself in the first quoted sentence, followed by the Osborne’s comment.
Newspaper Reader.
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