Trump’s rationale for going easy on Saudi Arabia is a shameful lie.
A few days ago, Pat Robertson, the evangelical leader, urged America not to get too worked up about the torture and murder of Jamal Khashoggi, because we shouldn’t endanger “$100 billion in arms sales.” I guess he was invoking the little-known 11th Commandment, which says, “On the other hand, thou shalt excuse stuff like killing and bearing false witness if weapons deals are at stake.”
O.K., it’s not news that the religious right has prostrated itself at Donald Trump’s feet. But Trump’s attempt to head off retaliation for Saudi crimes by claiming that there are big economic rewards to staying friendly with killers — and the willingness of his political allies to embrace his logic — nonetheless represents a new stage in the debasement of America.
It looks unlikely, then, that deals with Saudi Arabia will raise U.S. annual arms exports by more than a few billion dollars a year. When you bear in mind that the industries involved, mainly aerospace, are highly capital intensive and don’t employ many workers per dollar of sales, the number of U.S. jobs involved is surely in the tens of thousands, if that, not hundreds of thousands. That is, we’re talking about a rounding error in a U.S. labor market that employs almost 150 million workers.
Another way to look at Saudi arms sales is to notice how small the stakes are compared with other areas where Trump is casually disrupting business relations. He seems, for example, to be eager for a trade war with China, which imported $187 billion worth of U.S. goods and services last year.
.. Because the Federal Reserve believes that we’re at full employment, and any further strengthening of the economy will induce the Fed to raise interest rates. As a result, jobs added in one place by things like arms sales will be offset by jobs lost elsewhere as higher rates deter investment or make the U.S. less competitive by strengthening the dollar.
.. what we’re looking at here is another step in the debasement of our nation.
- Accepting torture and murder is a betrayal of American principles;
- trying to justify that betrayal by appealing to supposed economic benefits is a further betrayal.
And when you add in the fact that the claimed economic payoff is a lie, and that the president’s personal profit is a much more likely explanation for his actions — well, genuine patriots should be deeply ashamed of what we’ve come to as a nation.