We will all pay a price for Trump's nihilism
By Eugene Robinson Opinion writer November 27 at 7:42 PM
The Trump administration’s approach to governance is that of a bratty toddler confronting a neat stack of blocks: Knock it down and scatter the pieces. It may take years to rebuild what President Trump and his minions are destroying.
This is not the systematic move toward small government that conservatives have long sought. It’s a lurch toward bad government, inadequate government, incompetent government. In some cases, it’s driven by spite; in others, by sheer cluelessness. Ultimately, we will all pay a price for Trump’s nihilism.
The most recent example is the chaos at the Consumer Financial Protection Bureau, an agency established in the wake of the 2008 financial crisis as a watchdog against abuses. Perhaps the bureau’s best-known action to date was levying a $100 million fine against Wells Fargo for opening hundreds of thousands of deposit and credit-card accounts without the customers’ knowledge or consent. All told, the bureau has saved nearly $12?billion for consumers.
This record, according to Trump, is a “total disaster.”
Trump claimed in a weekend tweet that “Financial Institutions have been devastated” by the CFPB. That is nonsense. The much more likely reason for his criticism of the bureau is that it was established while Barack Obama was president. Trump has been unable to establish a proper legacy of his own, so he is intent on erasing his predecessor’s.
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https://www.washingtonpost.com/opinions/we-will-all-pay-a-price-for-trumps-nihilism/2017/11/27/2be5d924-d3b1-11e7-95bf-df7c19270879_story.html
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