Tuesday, June 6, 2017

Is Trump Really Going to Leave the Paris Accord?

Here's the take of Paul Craig Roberts, United States Assistant Secretary of the Treasury for Economic Policy under President Reagan:
Here is the deal, as Trump made perfectly clear in his speech. He is temporarily pulling the US out of the Paris Accord while he immediately opens negotiations to rejoin the Paris Accord on terms less burdensome to Americans. In other words, the “pull out” is a face-saving gesture that will result in a small reduction in America’s share of the cost. We will have a “Trump victory” and no damage to the Paris Accord.
Remember, in real time, I reported at EPJ while Trump was delivered his accord speech:
 Wow did he buckle?

Trump also said he will begin to try and renegotiate the Accord so that the U.S. can reenter the agreement:

"But begin negotiations to reenter either the Paris accord or really an entirely new transaction with terms that are fair to"
Trump has not delivered on anything he has promised. He has not repealed Obamacare. He is escalating overseas military activity. So do we really believe he is going to dump the Paris Accord when he has not followed through on anything, in terms of shrinking the government?

Paul Craig Roberts is probably on to something.

Trump is a street hustler who managed to hustle himself into the White House. Anybody that takes Trump at his word at headline level at this point in time is so far under the ether that I don't think there is any hope.



  1. How do we know that Trump being just a slight variation on the same-old same-old wasn't always the intent of the "deep state"?

    1. There's a part of me that wonders if Trump was allowed to be elected so the establishment can blame someone else besides themselves if the economy crashes. If it happens, you'll hear nothing of the fed's policies the past several years, but plenty of fingerpointing towards Trump and "the Russians."

  2. The jury is still out: https://www.brookings.edu/blog/markaz/2017/06/05/the-110-billion-arms-deal-to-saudi-arabia-is-fake-news/amp/

  3. Just once I'd like someone (maybe Rand Paul) to stand up and say that those who believe excessive carbon emissions are leading to the end of days are still free to curb their own emissions and try to persuade others to do the same. If climate alarmism is as widespread as they would have us believe, then voluntary action can still be very effective, even if Trump pulled the US state out of the Paris Accords.