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Martin Wolf discusses Trump's post-election impact

Martin Wolf discusses Trump's post-election impact

From FT News Briefing

15h ago
US PoliticsElectionsDemocracyDonald TrumpMedia
Transcript
To have a survey that asked how many people know how much money Donald Trump has made out of office and how that compares with previous presidents. My guess is that a large number of voters have a sense that something is wrong, but don't really realize that it's been billions of dollars. Don't know about the crypto transactions and the obviously purchased pardons for, for criminal offenses. They have probably a sense that Elon Musk has done bad things, but probably don't know exactly. And there'll be many, many more things like that. One of the things we've noticed a lot is how much major media organizations just don't report on and certainly don't report symmetrically or they report symmetrically when things aren't at all symmetric. But one way to make something news is to have congressional hearings and to have the video of Trump related defendants stammering on the witness stand. Yes, I should say that one of the more amusing little vignettes of this post election period is Donald Trump blaming Fox News for his defeat. A rather beautiful moment of falling out among those involved in this, in my view. Now let's step back for a moment. Can we conclude that American democracy is now out of the woods? What we are seeing now is not just really a repudiation now of who was in power, but a sort of relatively permanent re establishment, not just of the democracy, but of also orderly government. And here I'm thinking immense damage has been done to core institutions of government. The Department of Justice, the Defense Department, the intelligence organizations, a whole list of institutions have had innumerable people sacked, replaced by stooges. And they're still going to be there. And that will affect the way the government operates. And of course there's in addition to that, the damage done in international relations from the side of the American president, for example, threatening essentially war against Canada in various different ways, that sort of thing. So we can't say it's sort of all over. There's a very remarkable check here which is very encouraging, but really quite a battle ahead of us, isn't it?
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