{"id":1176,"date":"2016-11-23T12:54:23","date_gmt":"2016-11-23T11:54:23","guid":{"rendered":"https:\/\/blog.iese.edu\/leggett\/?p=1176"},"modified":"2016-11-23T12:58:17","modified_gmt":"2016-11-23T11:58:17","slug":"a-new-pragmatic-mr-trump","status":"publish","type":"post","link":"https:\/\/blog.iese.edu\/leggett\/2016\/11\/23\/a-new-pragmatic-mr-trump\/","title":{"rendered":"A New Pragmatic President?"},"content":{"rendered":"<p>Last week <strong><a href=\"https:\/\/blog.iese.edu\/leggett\/2016\/11\/14\/trump-goodbye-to-the-clinton-dynasty\/\">we said<\/a> goodbye to Hilary Clinton;<\/strong> <strong>this week we say hello to a new pragmatic politician, Mr. Donald Trump<\/strong>. \u201cDefining all odds and turning all expectations on their head, Donald Trump became the 45<sup>th<\/sup> President of the United States of America in a massively divisive campaign that <strong>polarised America<\/strong>\u201d, wrote one commentator.<\/p>\n<p>Two days after the election, <strong>a humiliated Hilary Clinton said goodbye<\/strong>. Now that the Clintons have finally gone, we <b>are going to miss them<\/b>. The Clintons have been an extraordinary double act since long before 1992 but now they are, as this same commentator wrote, \u201cjust another older couple\u201d.<\/p>\n<figure id=\"attachment_1180\" aria-describedby=\"caption-attachment-1180\" style=\"width: 745px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1180\" src=\"https:\/\/blog.iese.edu\/leggett\/files\/2016\/11\/Trump.png\" alt=\"Donald Trump's campaign logo, 2016. This version is used on most campaign materials, rallies, sites, etc.\" width=\"745\" height=\"275\" srcset=\"https:\/\/blog.iese.edu\/leggett\/files\/2016\/11\/Trump.png 1000w, https:\/\/blog.iese.edu\/leggett\/files\/2016\/11\/Trump-300x111.png 300w, https:\/\/blog.iese.edu\/leggett\/files\/2016\/11\/Trump-768x283.png 768w, https:\/\/blog.iese.edu\/leggett\/files\/2016\/11\/Trump-500x185.png 500w\" sizes=\"auto, (max-width: 745px) 100vw, 745px\" \/><figcaption id=\"caption-attachment-1180\" class=\"wp-caption-text\">Donald Trump&#8217;s campaign logo, 2016. This version is used on most campaign materials, rallies, sites, etc.<\/figcaption><\/figure>\n<p>The word \u2018<b>pragmatism<\/b>\u2019 comes from the Greek word for practical. The Oxford dictionary defines \u2018pragmatism\u2019 as \u201c<b>Dealing with things sensibly and realistically in a way that is based on practical rather than theoretical considerations<\/b>\u201d. So, now <b>we will see Trump<\/b>, after outsmarting and outfoxing the Clintons, <b>quietly abandon some of the wild promises of the campaign for a more pragmatic or practical way of doing politics<\/b>.<\/p>\n<p>Relating to <b>immigration<\/b>, for example, we know that Barack Obama has deported over two and a half million people from the United States during his presidency, but he did it quietly and away from the glare of the media. <b>Trump promised<\/b> the electorate during his campaign <b>to deport all 11 million undocumented emigrants<\/b> but now <b>an emerging pragmatic Mr. Trump has diluted this number to between two and three million <\/b>illegal immigrants who have criminal records, and served time in prison. So it is with many of his other wild remarks.<\/p>\n<p>Over the next weeks <b>Donald Trump will be briefed by the State Department, CIA and Homeland Security on the facts about the risks to security at home and around the globe<\/b>. Among these issues, he will be briefed on NATO, Vladimir Putin and on Russian foreign policy; especially on Russian intentions in Ukraine, the Crimea and Syria. During the campaign, for example, <b>Trump questioned US membership of NATO with a threat of partially withdrawing. But this won\u2019t happen<\/b>; his compromise on NATO membership will be, most likely, that everyone, including countries like Spain, will have to pay their full share of NATO costs.<\/p>\n<figure id=\"attachment_1182\" aria-describedby=\"caption-attachment-1182\" style=\"width: 744px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1182\" src=\"https:\/\/blog.iese.edu\/leggett\/files\/2016\/11\/Trmp-a-new-pragmatic-president.jpg\" alt=\"Trmp a new pragmatic president\" width=\"744\" height=\"467\" srcset=\"https:\/\/blog.iese.edu\/leggett\/files\/2016\/11\/Trmp-a-new-pragmatic-president.jpg 604w, https:\/\/blog.iese.edu\/leggett\/files\/2016\/11\/Trmp-a-new-pragmatic-president-300x188.jpg 300w, https:\/\/blog.iese.edu\/leggett\/files\/2016\/11\/Trmp-a-new-pragmatic-president-500x314.jpg 500w\" sizes=\"auto, (max-width: 744px) 100vw, 744px\" \/><figcaption id=\"caption-attachment-1182\" class=\"wp-caption-text\">Source: The Indian Express<\/figcaption><\/figure>\n<p>On the economic front, <b>he will certainly lower taxes<\/b>, especially the corporate tax rate.\u00a0 A lower rate of between 15% and 20% will obviously have strong implications for many foreign governments as well as American companies located in countries such as Ireland. This reduction of US corporate tax rate will <b>strongly push multinationals to repatriate much capital to the US which will help to fund his economic policies and tackle unemployment<\/b> in the much mentioned &#8216;<b>rust belt<\/b>&#8216; states. Will the public works rebuilding programme of roads, bridges, and other infrastructure be part of his legacy? In managing the US economy, <b>Mr Trump&#8217;s administration will put US interests first. That is what he was elected to do<\/b>.<\/p>\n<p>Studies have shown that <strong>American working-class people in general do not resent rich people if they perceive them as hard working and prepared to risk their money<\/strong>. <strong>What they don\u2019t like is for the college-educated professional elites to lecture them<\/strong>, either through the media or from their cushy posts in Washington, on what they ought to do or think. <strong>This was Mrs. Clinton\u2019s mistake; she didn\u2019t even visit Wisconsin, and Donald Trump capitalised on it.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week we said goodbye to Hilary Clinton; this week we say hello to a new pragmatic politician, Mr. Donald Trump. \u201cDefining all odds and turning all expectations on their head, Donald Trump became the 45th President of the United States of America in a massively divisive campaign that polarised America\u201d, wrote one commentator. Two [&hellip;]<\/p>\n","protected":false},"author":313,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[90235],"tags":[90102,60002,90147],"class_list":["post-1176","post","type-post","status-publish","format-standard","hentry","category-current-issues","tag-donald-trump","tag-hillary-clinton","tag-us-elections","megacategoria-mc-leadership-and-people-management"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.iese.edu\/leggett\/wp-json\/wp\/v2\/posts\/1176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.iese.edu\/leggett\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.iese.edu\/leggett\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.iese.edu\/leggett\/wp-json\/wp\/v2\/users\/313"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.iese.edu\/leggett\/wp-json\/wp\/v2\/comments?post=1176"}],"version-history":[{"count":6,"href":"https:\/\/blog.iese.edu\/leggett\/wp-json\/wp\/v2\/posts\/1176\/revisions"}],"predecessor-version":[{"id":1185,"href":"https:\/\/blog.iese.edu\/leggett\/wp-json\/wp\/v2\/posts\/1176\/revisions\/1185"}],"wp:attachment":[{"href":"https:\/\/blog.iese.edu\/leggett\/wp-json\/wp\/v2\/media?parent=1176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.iese.edu\/leggett\/wp-json\/wp\/v2\/categories?post=1176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.iese.edu\/leggett\/wp-json\/wp\/v2\/tags?post=1176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}