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.
An Independent Voter's Perspective on Current Political Divides
In the column, "Is Donald Trump Right?", Fulcrum Executive Editor, Hugo Balta, wrote:
For millions of Americans, President Trump’s second term isn’t a threat to democracy—it’s the fulfillment of a promise they believe was long overdue.
Is Donald Trump right?
Should the presidency serve as a force for disruption or a safeguard of preservation?
Balta invited readers to share their thoughts at newsroom@fulcrum.us.
David Levine from Portland, Oregon, shared these thoughts...
I am an independent voter who voted for Kamala Harris in the last election.
I pay very close attention to the events going on, and I try and avoid taking other people's opinions as fact, so the following writing should be looked at with that in mind:
Is Trump right? On some things, absolutely.
As to DEI, there is a strong feeling that you cannot fight racism with more racism or sexism with more sexism. Standards have to be the same across the board, and the idea that only white people can be racist is one that I think a lot of us find delusional on its face. The question is not whether we want equality in the workplace, but whether these systems are the mechanism to achieve it, despite their claims to virtue, and many of us feel they are not.
I think if the Democrats want to take back immigration as an issue then every single illegal alien no matter how they are discovered needs to be processed and sanctuary cities need to end, every single illegal alien needs to be found at that point Democrats could argue for an amnesty for those who have shown they have been Good actors for a period of time but the dynamic of simply ignoring those who break the law by coming here illegally is I think a losing issue for the Democrats, they need to bend the knee and make a deal.
I think you have to quit calling the man Hitler or a fascist because an actual fascist would simply shoot the protesters, the journalists, and anyone else who challenges him. And while he definitely has authoritarian tendencies, the Democrats are overplaying their hand using those words, and it makes them look foolish.
Most of us understand that the tariffs are a game of economic chicken, and whether it is successful or not depends on who blinks before the midterms. Still, the Democrats' continuous attacks on the man make them look disloyal to the country, not to Trump.
Referring to any group of people as marginalized is to many of us the same as referring to them as lesser, and it seems racist and insulting.
We invite you to read the opinions of other Fulrum Readers:
Trump's Policies: A Threat to Farmers and American Values
The Trump Era: A Bitter Pill for American Renewal
Federal Hill's Warning: A Baltimorean's Reflection on Leadership
Also, check out "Is Donald Trump Right?" and consider accepting Hugo's invitation to share your thoughts at newsroom@fulcrum.us.
The Fulcrum will select a range of submissions to share with readers as part of our ongoing civic dialogue.
We offer this platform for discussion and debate.