Edwardsson: Trumps första år saknar motstycke i tempo

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Donald Trump delivered a Christmas speech from the White House highlighting what has happened throughout the year
First of all his successes What do you think is the most important part of this speech
It's more about what it reflects This has been a remarkably fast-paced year at least in terms of tempo
I think we have to go back to 1932 and Franklin Roosevelt's New Deal rush to get anywhere near it
I wonder if the FDA also had this much pressure in the first year
You've practically had a stiff neck from everything that's happened
Trump himself is certainly not unfamiliar with showcasing all the good he has done
Above all the migration is a big victory over his voters
Migration has decreased and is practically nonexistent for illegal migration
Trump says drug smuggling by boat has dropped 94%
How important is this for Trump and his voters
It is extremely important especially regarding illegal immigration which was one of his main points
Together with getting growth and the economy started
It has been a bit more turbulent there so in that sense this success is even more important
The so-called mid-term election will take place next year
Currently the numbers do not look very good for the Republicans
It's almost eleven months left
What did Olof Palme say who said that a week in politics is an eternity
It will depend largely on the economy how things look in six months
Many members believe that Trump is overestimating the optimism about the economy
Trump himself says that he inherited a country where inflation was the worst in 48 years
He also points out that wages have increased during his time
Foreign investments with units in 18 trillion dollars
He also points out lower fuel prices and lower food prices
What do Americans think about the American economy today and how true is what Trump is saying
Everything politicians say should be taken with a large pinch of salt
But the numbers you mentioned here are true
Inflation is under control New figures came out as late as today
It's not due to the government shutdown this time
Inflation was significantly lower than what experts had predicted
It is still a bit high 2 something
According to experts it should be around 2 In
comparison to the terrifying scenarios that many people produced-
The introduction of tariffs
would lead to hyperinflation more or less None of that has happened
It connects with two other things you mentioned The price
of food and the price of gasoline have started to go down
I'm running on empty It's the lowest in years
Food prices are also on the way down but a bit more slowly
He promised a lot during the election campaign
Now he has been in office for almost a year
It hasn't moved fast enough one could say
There was no significant boost in the economy after he took over the first time
The situations were so different
When he took over in 2017 we had already had eight
years of Obama who had barely made any progress
The basic economy was healthy but people were holding back on consumption and investments
The Obama administration always
had the threat of tax cuts hanging over it
When Trump's first victory brought relief it sparked a real
surge Growth increased significantly
The best labor market in decades
Now it was very different We had only four years with Biden
All four years were also tough but depended on the pandemic
It was almost as if a similar boom was expected
All these forecasts about what the tariffs would lead to have
continued to hold back consumption and investments throughout the year
Since the numbers are coming in now and inflation has
been absent - and unemployment remains fairly good -
Light high with American historical measurements but
it goes up some tenth of a percent month by month
If nothing else negative happens at the beginning of next
year I think the economy will look much better in a year
What it's doing now
But it's future-oriented so we'll have to see
I spoke about tax cuts and in some cases
completely eliminated taxes on tips in restaurants
He says an American family will get an
additional 11 000 to 20 000 dollars per year
How much is needed for people to be satisfied with the economy
Eleven thousand dollars per year is over 100 000 Swedish kronor
That would definitely be enough
We'll see how much of this gets through
The first half of the year is interesting from a political perspective
If Americans enter the summer and feel the
economy is on the right
track and jobs increase
Then the Republicans' chances of retaining
their majorities in Congress increase
Would it still look the same as it does now
then it would be much more in a knife fight
Americans are restless in every way including
politically If one promises as much as Trump did -
Last year you were allowed to not be strict
Momentum must be that people feel this
works the tariffs work the tax cuts work
Then it will play into Trump's hands
Otherwise it will be much
Especially in the house where the majority is so thin
I think there are five mandates right now
It basically requires nothing to turn around
The numbers up to five for the Democrats
I think the Republicans are safe in the Senate
One can lose up to three by losing
the majority with the vice president
We'll see This is going to be a very exciting year
It's clearly set up for political drama in 2026
Trump continues during the campaign to promise a lot of economic cleanliness
100 000 kronor per family tax breaks cheaper medicines
He continues along this line How realistic is this
The tax reductions have already been approved
They will be implemented at the beginning of next year
When it comes to job growth and how the inflation numbers look
It's always very much outside the control of politicians
I acted on impulse
It simply remains to be seen as they said
The Americans are restless and they now expect that-
In practice they have regained the economy they had two or three years before
Covid destroyed everything
It still lives in the people's memory
But to continue blaming Biden just as Trump did -
I have a feeling about that
It's still working but it won't work anymore in a year
This mid-year election is coming up fairly soon
The Republicans as you said have had a narrow majority
What is the situation today and how important is this election for Trump
Measurement situation that is how the measurements look
They look cozy not great but they look cozy for the Democrats
At least the winners and representatives
As said the senate will become a much steeper climb
It's especially now that the Democrats seem to be nominating one
of these true left-wing populists for a Senate seat from Texas
Texas is a state that is politically very right-leaning
They would have to almost have an earthquake
to make the Republicans lose the Senate as well
The battle will be fought in the house
And here we are as I said the economy is by far the most important
But even during the year here now certain states including
Texas have redrawn the districts for the house members
In a way that benefits the Republicans there
But on the other hand now the Democrats in particularly California-
Answered with the same coin
We'll see how much that's worth
As it looks right now it's probably a spring that is-
They might have some overgrown areas and carousels possibly
for it will benefit the Republicans with a number of mandates
The rest is to be seen
Trump has not managed to get through as many of
these rollbacks as he wanted in so many states
That's also something he's involved in and it's another big
issue that we must start including in the designation now
Even though Trump is extremely active and will remain active
until the last day in the White House on January 20 2029
So he's still on He's suffering
from this lame duck scenario
When a president cannot run for re-election -
people around him begin to become
They start looking to the future Who will succeed him
What questions will become relevant after he is gone
Presidents in their second term always lose
some more or less control over their party
We have already started seeing that this year
Even ordinary people are beginning to express
He doesn't go far enough or he goes too far
Republicans are in an uncomfortable position now as
the majority party is always
under a sitting president
It usually benefits the opposition
There are so many old rules that no longer apply-
going back five ten years
Excuse me if I sound like an
old scratchy record - but we'll have to wait and see
Many talk about JD Vance as Trump's successor
- what is that in the Republicans today
Nothing beyond the usual
If anything he has
After all his situation is also unique
He is the second president in the entire history
of the United States to have a second term
He lost but came back
Much of what he did in the first term he has
been forced to do again -
for Biden abolished it -
He tried to change his decision On top of that he
also has a somewhat even
broader and deeper agenda
and he had the first years
This is a completely unique situation
We can
simply No one can without blinking-
Say how this is going to play
out This hasn't happened since
the 1880s Back then the situation was completely different
It simply remains to see
What hasn't happened since the 1880s
As a president who lost the election - then
came back for another
term - four years later
Republicans also have a very favorable situation right now
They have the House of Representatives
and they have the Senate
It has made Trump able to pass his Big
Beautiful Bill among other things How
important is the period until the
election and will we see increased activity
What do the Republicans want to do to get legislation passed
And what are the consequences of that
If the Republicans lose either the House
of Representatives or the Senate or both
They are doing their best to push
through as much as they possibly
can right now because they live under this democratic value
To lose one or two of the congressional seats
Then it would happen-
well that's-
I and with the fact that so much has already
been printed - as has in fact already been done -
and will probably make the coming year -
then the last two years -
will really become a long period -
It tends to happen
The president's party usually loses the midterms-
because it becomes a form of protest voting-
Regardless of how the economy looks and such
Men
If the Republicans lose their
majority - then Trump would just have
to go - Then he would be forced on the defensive in that sense -
They will be able to veto
Say that the Democrats win both chambers
and can push through
All charges must go through both
Then he will have to bring out the wetsuit-
And put in its veto against many things - which
the Democrats will push
through - from their side
They lose just one chamber - then the
Republican majority in
the other will block it -
Then formally speaking he does not need to submit his veto
But it will of course result in much less being done
So to speak
So much has happened in the first year - and so
much seems to be happening
in the second So it's just
From a political perspective a policy perspective -
a smaller defeat in any case -
Next year will not be
so important for the big
historical election campaign
which will be in 2028
If the Republicans in that case are able to
win back the chamber or
chambers they have lost
Who will succeed - will it be another
Marxist - or a Republican
there are almost -
No other Republicans remain now
It will become the historical water division so
to speak What would the voters
say after four years now
No this was probably an interesting experiment
Before Trump these last 12 years
have been a lost
time politically
As mentioned next year
2026 will be interesting
but the real big
one is the next 1932
or 1860 -
when the American political landscape was fundamentally redrawn -
It will not be possible before 2028
It is not entirely different
from Gunnar Stömmers
and the Tide Party's reasoning on criminal policy
If there were to be a change of
power here in Sweden after the upcoming elections
But the opposition can
also roll back very many
of the legal reforms You previously said that -
The president's foreign policy during his second
term In Trump's speech
he mentions these eight wars
He has made peace in
He points to Iran he points to Gaza
How significant is this
to American voters Not
that it's huge There's an
old truth here in the US
I think I mentioned it in previous sections
You can't win an election on a good foreign policy
It is bad
then That is if war
suffering defeats and humiliations happen internationally
For American troops or
in the United States'
reputation in general it contributes to many
Vote for the opposition
just to get a change
I would say that -
The big joker in foreign policy - and will have to be
seen in the coming years -
what is happening in Ukraine
Trump manages to push through
some form of peace or
ceasefire agreement and it lasts
longer than a day or a week
Then I think it will create a lot
of goodwill among the American public
The American public has stood
on the side of the Ukrainians
since the beginning But at the same time there are also
Very little support for continuing to
support this and keep
this war going for long
It has already been going on for far too long - according to
most Americans So I think it
will end up being the last straw
On Trump's foreign policy
Plus seeing how now-
next year will be the first full year-
It will be fixed and
work It has already
earned
a respectable amount of
money but we'll see now
This takes time
This is a basic-
political-economic reform-
that was over a hundred years ago-
Something similar has happened before
Instead of federal income taxes
Now this is partly going back
So now we'll see-
Such huge major changes
take years to take hold
and for people to
get used to them and so on
So far at least as I
said inflation is under
control There has been no economic crisis
It's been nice so far at least
But now we'll see if-
a new year and new ideas and new approaches-
So to speak how this will lead forward
There is considerable international concern
about
US trade policy Swedish growth has been sluggish
Because of that says Finance Minister
Elisabeth Svantesson Sweden is changing
To mitigate uncertainty there is no foreign trade
But you are talking about Ukraine
Another threat that the US has -
among other things is China's growing claims of power -
and their long-term plans
A large part of the reorganization of
the American defense
The US military presence in the region
is aimed at countering a threat from China Is this something
that is part of the strategy
What is the American public's awareness
How does one sit on such things
The technical that is new weapons systems new
priorities American
troops are to be stationed
They don't really know much about it
One thing excuse me if I mention it-
but what you have to remember about the USA-
First and foremost and finally
it is that the USA is not a small
European nation-
state It is a union
that one must compare to the EU
Something like that
You can compare the Swedish political debate
what is happening in Sweden
and what is happening at the EU level
The average Swede has a very good grasp of what
is happening in Sweden
and has definite opinions
Should taxes be increased or
decreased- or should we have private
schools or not When it comes to the EU level it is much more-
abstract
It's so big and so far away
Americans have the same view of Brussels as Swedes
and other Europeans do It's far away and corrupt
It costs far too much money
It is only when it burns down-
and this also applies to foreign policy
When war threatens to
break out
interest shifts
to Washington for a short
period But as mentioned
Just today - if you asked
an American on the street -
what do you think of China
- Well it's a dictatorship -
and they seem to be a threat
Opinion polls are being conducted on this-
and the majority think that China is a threat
Before it becomes a tough situation
we can't load too much into that
Afternoon moods -
as people listen with
a stir - when they are cooking meals -
and is listening to the evening news at the same time
It doesn't sound good
But they don't get into the details-
Like a Swede who gets into the details - of things that
happen in the EU Except when
something really big happens
It is very hard to see
We have decided on such things
They see but they do not analyze
I dare to say that
You say that a peaceful Ukraine could
create a lot of goodwill for Trump ahead
of the upcoming election How much
does the conflict with Venezuela affect
What about the valet and the opinion
It's a harder nut to crack right now
Americans hate war-
Also dictatorships that export
drugs to
American youth There the parameters are partially
two different directions
People are very supportive of this-
lowering the boats-
and restoring order and control-
About drug trafficking This huge
influx-
of the Libyan
sea- with the largest fleet-
I don't know anything more
It's probably more like is
it going to be war again now
We want both to have the cake
and eat it - in a way Like
Sweden wants to have the cake and
eat it - when it comes to NATO
People have now accepted that it has gone well
We definitely shouldn't
do that There's no real
logic or coherence in such
questions unfortunately
The conflict with
Venezuela is about drugs
being transported to the
US which is the reason
Critics say that the most
dangerous fentanyl comes from
Mexico and sees the conflict as something more symbolic
How do you view that criticism And how
does the American people view that criticism
I think it should be viewed this way
That's exactly what you said
Most of the fentanyl comes in through Mexico
It is both a producer and
Mexico is also a transit country
for fentanyl and other drugs
that mostly come from Venezuela
There is much evidence that
the Venezuelan regime is
actively collaborating with
Mexican drug cartels and so on
The Koreans are also involved there
At the same time that's just the
case The USA and Mexico are literally neighboring countries
They have a long common border
We are aware of the problem
The wall and everything else
He is more against Mexico than he
is against Venezuela right now There
are too big differences both
economically ethnically and linguistically
Cultural and historical ties between Mexico
and the United States to make it possible
Venezuela becomes a
form of proxy for Mexico
I am quite convinced
that Trump's plan here
It is impossible to get rid of
the Maduro regime and install
any form of more
US-friendly government there
Perhaps under this
The Nobel Prize winner
In this way-
tighten-
The flow of cocaine from
Venezuela into Mexico which
in turn means less cocaine
but also sends a signal
Both the Mexican
government and the
Mexican customs know
what you're up to
We don't think we'll be able
to get away
with this forever
One cannot really act as
aggressively towards Mexico as
one can towards Venezuela
But there are many other ways
When Venezuela is off the
map other forms of pressure
will be applied to Mexico I
am completely convinced of that
Perhaps even higher tariffs
- economic sanctions -
In Mexico
It's not nearly as bad today-
as it was 10-20 years ago
But it's on the verge of being-
This is a dysfunctional state almost like a feuding country
in many ways Large regions are
governed in a haphazard manner
This is not like
when Sweden
and Norway had a conflict
When Sweden fought against Ivan
the Terrible's Russia in
the 1500s or something
It is a conglomerate
of war - what is it
called in Swedish - Warlords warlords
and such
It is a very complex situation
It will take a lot - Venezuela
I think can become a fairly
- good situation next year
- Getting things in order -
The medicine and in Mexico will become
significantly longer and more necessary
The U S national security
strategy released at the
end of November mentions the American continents
He prioritizes it
Trump has been very clear in his support-
with Melee in Argentina
And other parts of South America
How important does Venezuela become from that perspective
It's somehow the
plug in the hole
It was at least a relatively large
and fairly rich country A well-
functioning country until the
current regime took over under Chavez
As is often the case
when communists take
over there are many
other problems But obviously one
can get rid of the Maduro regime
and have some form of
democratic elections - and some
candidate wins - who promises
to fight - their drug cartels -
On home soil
Then it will be a huge
victory for the USA
To focus on
Mexico and others
Colombia under the current president has become a
problem again He seems to
be on his way out next year
If I understand the election calendar
and the opinion polls correctly
Of course it's
in the US backyard so to speak
South America is controlled by gun
-runners and left-wing extremists
which causes problems for the
USA Both political and military
Men they are also
economic All Latin American countries
are more or less completely dependent
on the US economy
Maybe with a half exception in Brazil - because
they are so big now - Or
rich relatively accomplished
Everything fits together
Now we'll see as you hinted at-
the right-wing candidate actually won-
a landslide victory in Chile
The Libertarians in
Argentina won the
mid-term election As I understand it
Some are standing on the edge of shaking
off this leftist
populist Marxist culture
Those who have branded and tormented
e continent - for over
a hundred
years But as I said again -
2026 will be
- a very interesting year
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