Who pays $20,000 for a plane ticket, or a Final Four ticket, or an Inaugural ticket, and should you blame some other country for your own incompetence. And Pence and Trump will still have rallies in Wisconsin next week.
— Bill Bishop (@niubi) March 11, 2020
— Jim Sciutto (@jimsciutto) March 12, 2020
— Dan Friedman (@dfriedman33) March 12, 2020
— Adam Parkhomenko (@AdamParkhomenko) March 12, 2020
— Peter Alexander (@PeterAlexander) March 12, 2020
Transactional activity has transaction costs. “In economics and related disciplines, a transaction cost is a cost in making any economic trade when participating in a market.” In social interactions, a sociopath (like Trump) drives up those costs because his self-serving behavior ignores the contingencies and conditions of decision-making.
— Judd Legum (@JuddLegum) March 12, 2020
— Stephanie M. Lee (@stephaniemlee) March 12, 2020
“…some analysts have proposed that President-elect Trump was inaugurating a new era of “transactional diplomacy” as opposed to the kind of “transformational diplomacy” championed by the administration of President George W. Bush.”
President-elect Trump, who seems to frame every policy problem in cost-effective terms and assumes that it could be resolved as a business transaction needs, therefore, to recognize that his job goes beyond making deals.
But we also saw the “transactional” Trump this week, who behaves in exactly the same gaslight-scented fashion. He imposed stringent-sounding tariffs on imported steel and aluminum, suggesting a return to the “economic nationalism” of Steve Bannon — but exempted most of the countries from which we actually import steel and aluminum. In a seemingly pointless piece of theater, the president briefly pretended on Friday that he might veto the “omnibus” spending bill that had just passed Congress by a large bipartisan majority. Ultimately someone convinced Trump (or he understood from the beginning) that even he could not get away with single-handedly provoking a government shutdown while blaming others for it.
— Right Wing Watch (@RightWingWatch) March 12, 2020