Abu Dhabi, UAESunday 20 October 2019

Stars aligning for Trump with Americans exhausted from credit crunch

Sean Evers, founder and managing partner of Gulf Intelligence, is on the road across America to get the pulse of the US in this noisy election year.
Republican US presidential candidate Donald Trump speaks during a campaign rally in Redding, California on June 3, 2016. Stephen Lam / Reuters
Republican US presidential candidate Donald Trump speaks during a campaign rally in Redding, California on June 3, 2016. Stephen Lam / Reuters

There is a saying that says there is a time and place for everything, but I am not sure that should apply to a Donald Trump presidency.

But you only have to be in America for a day or two to get an understanding as to why the stars appear to be aligned in the property tycoon’s favour, as there is another saying that says timing is everything, and much to everyone’s surprise, including his, there is a lot of rain for the umbrellas he is selling.

Sitting in upstate New York 80 kilometres up the Hudson River from Manhattan with five white Americans who don’t have a university degree, you quickly get a front-row seat to the rich vein of frustration that the Trump juggernaut is trying to mine as the swing voter who could tip this election.

The good news is that not all these typically blue-collar Democratic voters are buying his “amazing” umbrellas. Not yet. But they are certainly tempted as they are fed up getting drenched by their perception of the growing inequity in the division of the American pie dream.

There are many reasons why Mr Trump has traction among this constituency and they all revolve around one singular theme – exhaustion.

There is an exhaustion after six or seven years since the Great Recession global credit crisis that the wellbeing of the working middle class is not improving, and an ever-increasing rising tide of belief that it never will as real wages flatline.

The taxi driver who picked me up from John F Kennedy Airport, who is a union bartender two days a week and does the odd driving gig on the side for cash to make ends meet, is ready to vote Mr Trump into office because he is vein-popping angry at the too-big-to-fail crowd who were bailed out by the federal government and are now rewarding each other with multimillion-dollar bonuses, while he cannot get a full-time job.


Tour de Route 66

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The “too big to fail” theory asserts that certain corporations, and particularly financial institutions, are so large and so interconnected that their failure would be disastrous to the greater economic system, and that they therefore must be supported by government when they face potential failure. Proponents of this theory believe that some institutions are so important that they should become recipients of beneficial financial and economic policies from governments or central banks.

“We need to clean out the place …” was a recurring declaration of frustration among the five New York residents, and if one was to extrapolate that anger out another decade or two, you could see things getting a little bit ugly in the great heartland of America.

People are also exhausted with the political correctness of never telling it like it is. The neutrality or opaqueness of language has paralysed too many from diagnosing the socioeconomic illness, never mind treating the ailment.

One way to understand Mr Trump’s success is the fact that he is perceived to state things as they really are, without the filter of establishment jargon and what some denounce as “political correctness”. To be sure, Mr Trump is “telling it like it is” for those who believe what he says. For those who disagree with his views, the “like it is” is racist, fascist, Islamophobic, narrow-minded and essentially has a false perception of reality.

“I think the big problem this country has is being politically correct. I have been challenged so many times on political correctness, and frankly I don’t have time for political correctness. And to be honest, this country doesn’t have time either,” Donald Trump said during the Republican Primary process to select a candidate.

In other words, Mr Trump is “telling it like it is” because he is giving voice to opinions that have only rarely been overtly adopted by influential presidential candidates or presidents. This ultra-frankness, perceived by many as rude, is resonating with a demographic that is feeling marginalised and sidelined without a voice.

“It is about time we told the Chinese and others what to do. We need someone in the White House that is going to speak his mind to those getting away with taking advantage of America all the time,” said the part-time minimum wage worker who manages an amateur Ultimate Fighting Championship gym in Peekskill. “I have never voted Republican, and I have always insisted my family do the same, but on this occasion I am going with the person Trump and not the party,” he said.

The Democrats will have to hope that there are not too many of these defectors. In the unscientific poll of the five working middle class Americans with no third-level education whom I met with, those with the more stable full-time union jobs remained unconvinced that a billionaire real estate developer from New York was the answer to their ailments, but they are getting sweaty palms waiting for Hillary Clinton to address them.

Sean Evers, managing partner at Gulf Intelligence, was in Peekskill, New York.

Sean Evers’ agenda:

He is on the Tour de Route 66 in the United States. He is on the road across America to get the pulse of the US in this noisy election year and to garner insights on what it all could mean for the Middle East – from economy in New York City, to geopolitics in DC, to the Blue Ridge Mountains of Virginia and even driving through the Dakotas to get first-hand the health of shale oil frackers. Follow the tour on Twitter @sean_evers #giroute66

Sean Evers’s Bio:

He is an energy industry specialist with more than two decades of experience in the global oil and gas markets. Evers is founder and managing partner of Gulf Intelligence, a strategic communications consultancy and energy think tank based in the Middle East. His journey in the oil markets began in mid 1990s as the Financial Times Cairo correspondent. In 1997, Evers helped to open up Bloomberg in the Middle East where he spent the following decade as bureau chief from Cairo to Tehran, culminating in 2008 in Dubai being designated as the company’s fourth global hub. He attained a BA in politics & economics from the University of Notre Dame in Indiana in 1988, and went on to secure his LLB law degree at the National University of Ireland, Galway.


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Updated: June 5, 2016 04:00 AM