From One Fake Left-wing Hysteria to the Next
5th May 2025
The decade-old age of fables like Russian collusion, laptop disinformation, or the pangolin/bat cause of COVID is not over; it is just hitting midstream.
For much of April, amid stock downturns, in the classical paranoid style, we were assured by the Wall Street Journal news reporters and the liberal press that Trump had either a) guaranteed an inevitable recession, b) engineered a losing trade war he likely regretted, c) crashed the stock market, d) lost his once majority favorability ratings, e) mostly had a failed first 100 days, or f) all of the above.
Some of us thought these diagnoses and prognoses were absurd. How in mediis rebus, during a radical counterrevolution never quite seen before, could anyone issue such bleak predictions? Would these same observers have said the U.S. was doomed to lose World War II after the bleak first five months of mostly failure in the Pacific, or North Africa, after the utter U.S. army disaster at the Kasserine Pass?