Corbin is professor emeritus of marketing at the University of Northern Iowa.
Before we get too far into the new year, let’s review the immediate past, present and future of America’s political, economic and social fabric.
Despite predictions of a recession in 2023, Treasury Secretary Janet Yellen told the Wall Street Journal: 1) Federal Reserve actions brought inflation down from 9.1 percent in 2022 to 3.1 percent, 2) 2023 annualized growth averaged around 3 percent, 3) new business startups came at a record pace, 4) the unemployment rate fell below 4 percent and 5) the typical middle-income households had higher earnings, more wealth and more purchasing power than before the pandemic.
Research reveals four economic measures paid off handsomely for Americans: the $1.9 trillion American Rescue Plan, the $1.75 trillion Infrastructure Investment and Jobs Act, the $1.2 trillion Inflation Reduction Act and the $280 billion CHIPS and Science Act. The economic reward includes the American economy producing more goods and services (up 2.6 percent); wage gains outpaced inflation and will be even more significant in 2024.
Last year also witnessed: a declining crime rate, U.S. carbon emissions falling below 2007 numbers and all three major stock indexes soared dramatically, boosting the retirement savings of more than 150 million Americans. For the first time in decades, people could earn around 5 percent from their savings and money market accounts, which increased the financial well-being of tens of millions of people. (Wall Street Journal, Dec. 30-31, 2023)
We’re witnessing a boom in cleaner energy, and the cost of metals used to make batteries will continue to remain low in 2024. Additionally, strong oil production growth in North America and increasing global refining capacity will keep gasoline prices down in 2024.
While the U.S. debt ceiling was raised by Congress on June 3, 2023, the GOP-controlled House of Representatives has only passed seven of the 12 appropriation bills they promised to approve in the fall. National debt remains a critical problem; it grew $8.2 trillion (40.43 percent increase) during Donald Trump’s presidency and $1.8 trillion (6.33 percent) since Joe Biden has been in the White House.
CRINK is the new acronym patriotic and democracy-loving Americans should remember: China, Russia, Iran and North Korea. CRINK shows no signs of easing up on cyberattacks or inundating Americans with disinformation, misinformation, social media propaganda, artificial intelligence interference and fake political ads in 2024, similar to the 2016 presidential election. CRINK’s implicit and explicit war against Ukraine, Taiwan, Israel and the United States – to name a few targets – will continue. A strong president who opposes CRINK dictators versus honoring their autocratic leaders is paramount.
As the Supreme Court goes back into session, 5, all Americans hope the justices will decide: 1) what presidential immunity means, 2) what defines interfering with the counting of electoral votes, 3) whether states control the election process, 4) if a president is an “official” of the government (Section 3 of the 14th Amendment), 5) whether Trump engaged in reelection activities or presidential duties when he did nothing for 187 minutes during the Jan. 6, 2021, attack on the Capitol and 6) if the Jan. 6 attack was a normal tourist visit or an insurrection.
While the Supreme Court overturned Roe v. Wade in June 2022, Pew Research Center polling shows 62 percent of Americans support pro-choice rights. Along with women’s right to reproductive health decisions, immigration reform will also – implicitly – be on the Nov. 5 ballot.
Bipartisan deals on immigration have eluded lawmakers and presidents for three decades. Knowing Congress is so divided and the asylum law is complicated, politicians will most likely kick the can down the road and claim the 300,000/month migrant issue will be settled on Nov. 5. Common sense tells us otherwise. For the record: Trump only had 517 immigration judges on the bench in 2020 and Biden increased that total by 42 percent (734 judges).
There are 8.75 million indigenous Native Americans and Alaska Natives in the United. Since the remaining 98 percent of Americans are descendants of an immigrant family, it is ironic – and a sad state of affairs – when the benefits of immigration are questioned and our elected delegates can’t resolve the issue.
Finally, after Nov. 5, Americans will know whether they remain in a democracy or have reverted to living in a populist authoritarian dictatorship.
Issues to be resolved – a multitude were not identified in this op-ed -- are plentiful. Ready or not, 2024, here we are.
Eric Trump, the newly appointed ALT5 board director of World Liberty Financial, walks outside of the NASDAQ in Times Square as they mark the $1.5- billion partnership between World Liberty Financial and ALT5 Sigma with the ringing of the NASDAQ opening bell, on Aug. 13, 2025, in New York City.
Why does the Trump family always get a pass?
Deputy Attorney General Todd Blanche joined ABC’s “This Week” on Sunday to defend or explain a lot of controversies for the Trump administration: the Epstein files release, the events in Minneapolis, etc. He was also asked about possible conflicts of interest between President Trump’s family business and his job. Specifically, Blanche was asked about a very sketchy deal Trump’s son Eric signed with the UAE’s national security adviser, Sheikh Tahnoon.
Shortly before Trump was inaugurated in early 2025, Tahnoon invested $500 million in the Trump-owned World Liberty, a then newly launched cryptocurrency outfit. A few months later, UAE was granted permission to purchase sensitive American AI chips. According to the Wall Street Journal, which broke the story, “the deal marks something unprecedented in American politics: a foreign government official taking a major ownership stake in an incoming U.S. president’s company.”
“How do you respond to those who say this is a serious conflict of interest?” ABC host George Stephanopoulos asked.
“I love it when these papers talk about something being unprecedented or never happening before,” Blanche replied, “as if the Biden family and the Biden administration didn’t do exactly the same thing, and they were just in office.”
Blanche went on to boast about how the president is utterly transparent regarding his questionable business practices: “I don’t have a comment on it beyond Trump has been completely transparent when his family travels for business reasons. They don’t do so in secret. We don’t learn about it when we find a laptop a few years later. We learn about it when it’s happening.”
Sadly, Stephanopoulos didn’t offer the obvious response, which may have gone something like this: “OK, but the president and countless leading Republicans insisted that President Biden was the head of what they dubbed ‘the Biden Crime family’ and insisted his business dealings were corrupt, and indeed that his corruption merited impeachment. So how is being ‘transparent’ about similar corruption a defense?”
Now, I should be clear that I do think the Biden family’s business dealings were corrupt, whether or not laws were broken. Others disagree. I also think Trump’s business dealings appear to be worse in many ways than even what Biden was alleged to have done. But none of that is relevant. The standard set by Trump and Republicans is the relevant political standard, and by the deputy attorney general’s own account, the Trump administration is doing “exactly the same thing,” just more openly.
Since when is being more transparent about wrongdoing a defense? Try telling a cop or judge, “Yes, I robbed that bank. I’ve been completely transparent about that. So, what’s the big deal?”
This is just a small example of the broader dysfunction in the way we talk about politics.
Americans have a special hatred for hypocrisy. I think it goes back to the founding era. As Alexis de Tocqueville observed in “Democracy In America,” the old world had a different way of dealing with the moral shortcomings of leaders. Rank had its privileges. Nobles, never mind kings, were entitled to behave in ways that were forbidden to the little people.
In America, titles of nobility were banned in the Constitution and in our democratic culture. In a society built on notions of equality (the obvious exceptions of Black people, women, Native Americans notwithstanding) no one has access to special carve-outs or exemptions as to what is right and wrong. Claiming them, particularly in secret, feels like a betrayal against the whole idea of equality.
The problem in the modern era is that elites — of all ideological stripes — have violated that bargain. The result isn’t that we’ve abandoned any notion of right and wrong. Instead, by elevating hypocrisy to the greatest of sins, we end up weaponizing the principles, using them as a cudgel against the other side but not against our own.
Pick an issue: violent rhetoric by politicians, sexual misconduct, corruption and so on. With every revelation, almost immediately the debate becomes a riot of whataboutism. Team A says that Team B has no right to criticize because they did the same thing. Team B points out that Team A has switched positions. Everyone has a point. And everyone is missing the point.
Sure, hypocrisy is a moral failing, and partisan inconsistency is an intellectual one. But neither changes the objective facts. This is something you’re supposed to learn as a child: It doesn’t matter what everyone else is doing or saying, wrong is wrong. It’s also something lawyers like Mr. Blanche are supposed to know. Telling a judge that the hypocrisy of the prosecutor — or your client’s transparency — means your client did nothing wrong would earn you nothing but a laugh.
Jonah Goldberg is editor-in-chief of The Dispatch and the host of The Remnant podcast. His Twitter handle is @JonahDispatch.