Sunday, June 2, 2019

HOPEFUL FUTURE DESPITE MORAL CHALLENGE OF MUELLER REPORT


This past week the President of the U.S. threatened trade sanctions, his blunt weapon of late, to push neighbor Mexico to control hopeful immigrants. Trade sanctions would penalize Mexico, the amigo south of the border.

First, to carry out work normally assigned to United States border patrol. 

Second, the tariffs raise the cost of Mexican goods in the U.S. 

We’ve already seen a huge cost of the president’s trade dispute with China. Increased tariffs hurt producers on one end of the trade and consumers on the other.

Now Mexican goods too? Do you own something, anything created in MX? A car? A radio? A paring knife? My wife and I use a lovely, super-useful Mexican-made refrigerator.

Well, there’s a direct cost of Trump's blunt bludgeon to American consumers. 

And an indirect cost to Americans and others too. American stock markets have been in a frightening funk since May 1, 2019, when investors began to show concern about the trade wars. The loss in just that one month is about -6.7%. using the Standard and Poor’s Index as the measure. (Recognized: the market is highly variable; the trend could shift from down to up at any moment.)

So, every American whose savings or retirement account is invested in American stocks (and whose isn't?) is a loser. Imagine this: “I’m sorry, dear, but I’ve just been informed that our retirement income will be lower beginning next month.” That’s a conversation that’ll be heard across America. See what the notable market commentator, Jim Cramer, has just said about the financial risk.

Beyond financial risk, there’s another risk particularly to persons of faith. It’s the faith risk, never more capably defined, in my opinion, than by Jim Wallis, the leader of the Sojourners organization, in his post of the current week, “Applying a Moral Lens to the Mueller Report.”

Wallis concludes: Faith is now at stake. Democracy is now at stake. The evidence of conscience must now be revealed by us.”  


Pastors, Sunday school teachers, synagogue leaders, Friday prayer leaders: PLEASE DO be aware of Wallis’ thought. Read his article at the link. If we can step up to Wallis' challenge, there'll be a hopeful future.

What's hopeful? That more and more Americans would vote in 2020 with the intent to give Trump a short leash of only one term. I hope that we have a chance to vote. I think that Trump, and I'm knowing him pretty well by now, might find a way to cancel the election to keep himself in the president role.


No comments: