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    Musk, Trump, A.I. and Other DealBook Summit Highlights

    The economy, inflation, tariffs, the future of media, pardon politics and other big topics that made headlines this year.Jeff Bezos was cautiously optimistic that President-elect Donald Trump would be more measured in his second term.Michael M. Santiago/Getty ImagesFour takeaways from the DealBook Summit The U.S. election dominated the news agenda this year, and the two people at the center of Donald Trump’s win came up in nearly every conversation yesterday at the DealBook Summit. The president-elect and Elon Musk may not have been in the room, but questions about how they will shape business and politics were front and center.The general view of the day was cautious optimism, even among those who had publicly criticized Trump and Musk — or been targeted by them.But many questions remain. What will Trump and Musk mean for government, business and the economy? Will they succeed in cutting regulation and government spending? And will they go after their perceived enemies and rivals?Here are four big themes from this year’s event.What will happen with the economy?Most of the speakers were willing to give Trump the benefit of the doubt, or at least played down worries about his most disruptive policy ideas.Jay Powell, the Fed chair, addressed one of the biggest questions hanging over the next administration: Will the president-elect go after the central bank’s independence? No, Powell said emphatically. The Fed, he said, was created by Congress and its autonomy is “the law of the land.”“There is very, very broad support for that set of ideas in Congress in both political parties, on both sides of the Hill, and that’s what really matters,” he said.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Can Rahm Emanuel Flip the Script Again?

    There’s a buzz around Rahm Emanuel — the former Bill Clinton adviser, former Illinois congressman, former chief of staff to President Barack Obama, former mayor of Chicago — possibly becoming the next head of the Democratic National Committee. The progressive left despises his pragmatism and liberal centrism. He has a reputation for abrasiveness. And his current job, as ambassador to Japan, has traditionally served as a posting for high-level political has-beens like Walter Mondale and Howard Baker.But he also has a gift for constructing winning coalitions with difficult, unexpected partners.More on that in a moment. When I meet him for breakfast this week at a New York City hotel, what he wants to talk about is a looming crisis in Asia. “What started as two wars in two theaters is now one war in two separate theaters,” he says of the conflicts in Ukraine and the Middle East. “We need to ensure that it does not expand into a third theater.”How soon might that happen? I mention 2027, a year that’s often seen as China’s target date for reunification with Taiwan, if necessary by force.“I think it’s actually 2025,” he answers.What Emanuel has in mind are Asia’s other flashpoints, including along the 38th parallel that divides North and South Korea, where Russia is “poking” Kim Jong-un, the North Korean leader, “to do something” and where South Korea’s president briefly declared martial law, and also in the South China Sea, where China and the Philippines are coming to blows over Beijing’s illegal maritime claims. Unlike with Taipei, to which America’s obligations are deliberately ambiguous, with Manila and Seoul our defense commitments are ironclad.That could mean war for the United States on multiple unexpected fronts. Emanuel’s tenure as ambassador was distinguished by his role in engineering two historic rapprochements — last year between Japan and South Korea and this year between Japan and the Philippines — that, along with the AUKUS defense pact with Britain and Australia, form part of a broad diplomatic effort by the Biden administration to contain China.The Chinese, Emanuel says, “have a theory of the case in the Indo-Pacific. We have a theory of the case. Their attempt is to isolate Australia, isolate the Philippines and put all the pressure on that country,” often through abusive trade practices. “Our job is to flip the script and isolate China through their actions.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Tony Campolo, Preacher Who Challenged Religious Right, Dies at 89

    A mesmerizing speaker, he urged his fellow evangelicals to turn away from politics in favor of the values of charity and love espoused by Jesus.The Rev. Tony Campolo, one of the most influential evangelical preachers of the past half century, who urged Christians to resist the strong political tug of the religious right and to affirm that their faith called them, first and foremost, to fight poverty and racism, died on Nov. 19 at his home in Bryn Mawr, Pa. He was 89.The cause was heart failure, his son, Bart, said.With a mesmerizing speaking style that combined humor, passion, worldliness and Scripture, Dr. Campolo in his prime addressed 500 or more audiences a year, at churches and conferences, often challenging the hegemony of the Christian right that aligned white evangelicals with the Republican Party.He was a founder of Red Letter Christians, a movement that urges evangelicals to turn away from politics in favor of the values of charity and love preached by Jesus, whose words are printed in red in some editions of the Bible.His lodestar was Chapter 25 in the book of Matthew, which warns that Christ will judge his followers by the compassion they showed to “the least of these” among humanity.“While you were sleeping last night,” Dr. Campolo would tell audiences, “30,000 kids died of starvation or diseases related to malnutrition.”“Most of you don’t give a shit,” he added.“What’s worse,” he’d say, building on the shock value, “is that you’re more upset with the fact that I said ‘shit’ than the fact that 30,000 kids died last night.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    The Democratic Blind Spot That Wrecked 2024

    The 2022 election went better than Democrats could have hoped. The party picked up governor’s mansions and state legislatures and expanded their Senate majority. It held down losses in the House. The promised “red wave” never crashed ashore. Perhaps it would have been better if it had.Looking back, the seeds of Democrats’ 2024 wipeout were planted in the quasi-victory of 2022. Three things happened in the aftermath. The pressure on President Biden not to run for re-election, and the possibility of a serious primary challenge if he did run, evaporated. Democrats persuaded themselves of a theory of the electorate that proved mistaken. And as a result, the Biden-Harris administration avoided the kind of hard, post-defeat pivot that both the Clinton and Obama administrations were forced to make after the midterm defeats of 1994 and 2010.In 2020, Democrats had worried over Biden’s age, but were comforted, in part, by the soft signals he sent that he would serve only one term. “Look, I view myself as a bridge, not as anything else,” he said in 2020. By mid-2022, as Biden signaled his intention to run again, the party was growing alarmed. In June of that year, The Times interviewed nearly 50 Democratic officials and found that among “nearly all the Democrats interviewed, the president’s age — 79 now, 82 by the time the winner of the 2024 election is inaugurated — is a deep concern about his political viability.”Nor was the public thrilled about the results the Biden administration was delivering. In October of 2022, amid widespread anger over inflation, the Times-Siena poll found Biden with a 38 percent job approval rating and trailing Trump in a hypothetical rematch.If Democrats had been wiped out in the midterms, the pressure on Biden to be the transitional figure he’d promised to be would have been immense. If he’d run again despite that pressure, he might have faced serious challengers. But Democrats fared far better than they had expected. The president’s saggy approval rating and the widespread anger at inflation were nowhere to be found in the election results. In their first referendum under Biden, Democrats did much better than they had under Clinton or Obama. Any pressure on Biden to step aside — and any possibility of a real primary challenge — ended.In its place, a new theory of the electorate emerged, based on the way Democrats over-performed in contested states, like Pennsylvania and Wisconsin, and underperformed in safe states, like New York and California. There were two coalitions: the MAGA coalition and the anti-MAGA coalition. The anti-MAGA coalition was bigger, but it needed to be activated by the threat of Donald Trump or the Dobbs abortion ruling. A slew of special election victories in 2023 seemed to confirm the theory. Democrats were winning elections they had no business winning, given Biden’s low approval rating and public anger over inflation. But the anti-MAGA coalition’s hatred of Trump had changed the electoral math.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Photographing Every President Since Reagan

    Doug Mills reflects on nearly 40 years of taking photos of presidents.Times Insider explains who we are and what we do and delivers behind-the-scenes insights into how our journalism comes together.Through his camera lens, Doug Mills has seen it all: George H.W. Bush playing horseshoes. An emotional Barack Obama. A shirtless Bill Clinton. And he’s shared what he’s seen with the world.Mr. Mills, a veteran photographer, has captured pictures of every U.S. president since Ronald Reagan. His portfolio includes images of intimate conversations, powerful podium moments and scenes now seared into the American consciousness — like the face of President George W. Bush, realizing that America was under attack while he was reading to schoolchildren.Mr. Mills began his photography career at United Press International before joining The Associated Press. Then, in 2002, he was hired at The New York Times, where his latest assignment has been trailing former President Donald J. Trump. In July, Mr. Mills captured the moment a bullet flew past Mr. Trump’s head at a rally in Butler, Pa., and then a photo of Mr. Trump, ear bloodied, raising his fist.Over the past four decades, cameras and other tools have changed the job considerably, he said. While he once used 35mm SLR film cameras (what photographers used for decades), he now travels with multiple Sony mirrorless digital cameras, which are silent and can shoot at least 20 frames per second. He used to lug around portable dark rooms; now he can transmit images to anywhere in the world directly from his camera, via Wi-Fi or an Ethernet cable, in a matter of seconds.But it’s not just the technology that has changed. Campaigns are more image-driven than ever before, he said, thanks to social media, TV ads and coverage that spans multiple platforms. Not to mention, it’s a nonstop, 24-hour news cycle. He likens covering an election year to a monthslong Super Bowl.“It consumes your life, but I love it,” Mr. Mills said. “I wouldn’t want to be doing anything else.”Mr. Mills, who on election night will be with Mr. Trump at a watch party in Palm Beach, Fla., shared how one image of each president he’s photographed throughout his career came together. — Megan DiTrolioWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Harris Sends a Secret Weapon to a Georgia Fish Fry: Bill Clinton

    The smell of fried fish was lingering on Sunday afternoon, and there was Bill Clinton beneath a tree, wearing a Harris-Walz camouflage cap and edging closer and closer to his modest audience the longer he spoke.It was a fittingly intimate setting for Peach County, Ga., a county where elections are decided by mere hundreds of votes. And for Mr. Clinton, who rose to power as “the man from Hope,” drawing on his Arkansas roots, it was a chance to engage in a little homespun politicking before early voting begins Tuesday in Georgia, a key battleground state.“It’s going to come down to whether you are willing to do one more time what you did when you elected not only Joe Biden and Kamala Harris four years ago, but Raphael Warnock and Jon Ossoff,” Mr. Clinton said, referring to the two Democrats Georgia elected to the Senate. “And if you are, we will win. And if you are not, you will regret it for the rest of your life.”From a church service in Albany, where the former president reminisced about campaigning alongside the baseball great Hank Aaron, to the fish fry in Fort Valley attended by a few hundred people, Mr. Clinton used the opening hours of a two-day blitz to try to help Ms. Harris bump up her score wherever she can.The fish fry, in a predominantly rural area about two hours south of Atlanta, suggested few places were too small to seek votes — even for a former president.Former President Bill Clinton addresses the crowd at the Get Out The Vote Fish Fry in Fort Valley, Ga. on Sunday.David Walter Banks for The New York TimesWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Cómo el TLCAN arruinó la política de EE. UU.

    [Estamos en WhatsApp. Empieza a seguirnos ahora]En mayo del año pasado, Marcus Carli, director de la fábrica Master Lock de Milwaukee, Wisconsin, convocó por sorpresa una reunión con la junta directiva del sindicato local 469 de United Auto Workers (UAW, por su sigla en inglés). Varios directivos del sindicato, que representa a los trabajadores de la planta, se reunieron con Carli y un ejecutivo de la empresa matriz de Master Lock en una pequeña sala de conferencias. Carli llevó a un guardia de seguridad. “Está aquí para protegerme”, les dijo Carli a los representantes sindicales. Cuando el guardia se sentó, Yolanda Nathan, la nueva presidenta del sindicato, se fijó en su pistola. “En ese momento pensé: ‘Ah, vamos a perder nuestro trabajo’”, dice. De inmediato, Carli confirmó sus peores temores. “La planta va a cerrar”, anunció. “Me dejó sin aliento”, dijo Nathan. “Nos quitó el aliento a todos”.Media hora más tarde, los trabajadores del primer turno de la planta fueron convocados a una reunión en la antigua cafetería. Una hilera de mesas separaba a los funcionarios de los trabajadores. “La planta va a cerrar”, repitió Carli. Se negó a aceptar preguntas. “Solo nos lanzaron la bomba”, dijo Jeremiah Hayes, quien trabajaba en la planta de tratamiento de aguas residuales de la empresa. Sobre todo, le molestó la barrera improvisada: “Era insultante. Nos sentíamos como animales”.Mike Bink, que empezó a trabajar en Master Lock en 1979, estaba desolado pero no sorprendido. Meses antes, un compañero cuyo trabajo consistía en fabricar placas de acero que se introducían en una máquina para fabricar un cuerpo de cerradura le dijo a Bink que ahora las placas se enviaban a la planta de Master Lock en Nogales, México. Esa fábrica se construyó en la década de 1990, no mucho después de que el presidente Bill Clinton promulgara el Tratado de Libre Comercio de América del Norte, y la empresa eliminó más de 1000 de los casi 1300 puestos sindicales de Milwaukee. “La gente salió corriendo por la puerta”, dice Bink, que entonces era presidente del Local 469. “Pensaban que la planta estaba acabada”. Bink aguantó, pero el TLCAN cambió de manera radical el equilibrio de poder entre Master Lock y sus trabajadores. “Un supervisor de la planta decía cosas como: ‘Pónganse a trabajar o la empresa cerrará todos los puestos’”, recuerda Bink. “Tras la reducción de plantilla, el sindicato perdió su influencia”.En marzo, el cierre de las instalaciones donde se fabricaron cerraduras emblemáticas durante generaciones, representó la etapa final de la larga decadencia de Milwaukee como potencia industrial, parte de un fenómeno mayor, impulsado por el TLCAN, que se ha producido en todo el país, especialmente en los estados del Cinturón del Óxido. El TLCAN eliminó los aranceles sobre el comercio entre los signatarios del tratado —Canadá, México y Estados Unidos— y permitió la libre circulación de capitales e inversiones extranjeras. Marcó el comienzo de una era de acuerdos de libre comercio que llevaron productos baratos a los consumidores y generaron una gran riqueza para los inversionistas y el sector financiero, pero también aumentó la desigualdad de ingresos, debilitó a los sindicatos y aceleró el vaciamiento de la base industrial de Estados Unidos.Mike Bink, expresidente de Local 469, que representaba a los trabajadores sindicales de Master Lock, trabajó en la planta durante 44 años. Lyndon French para The New York TimesWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Here’s Why We Shouldn’t Demean Trump Voters

    Some of the best advice Democrats have received recently came from Bill Clinton in his speech at the Democratic National Convention.First, he warned against hubris: “We’ve seen more than one election slip away from us when we thought it couldn’t happen, when people got distracted by phony issues or overconfident.” That’s something that any Clinton understands in his — or her — gut.Second, related and even more important, he cautioned against demeaning voters who don’t share liberal values.“I urge you to meet people where they are,” said Clinton, who knows something about winning votes outside of solid blue states. “I urge you not to demean them, but not to pretend you don’t disagree with them if you do. Treat them with respect — just the way you’d like them to treat you.”That’s critical counsel because too often since 2016, the liberal impulse has been to demonize anyone at all sympathetic to Donald Trump as a racist and bigot. This has been politically foolish, for it’s difficult to win votes from people you’re disparaging.It has also seemed to me morally offensive, particularly when well-educated and successful elites are scorning disadvantaged, working-class Americans who have been left behind economically and socially and in many cases are dying young. They deserve empathy, not insults.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More