Expect Minor Tremors in Foreign Policy
The Almanac of American Politics
Good evening, podcast listeners! This week’s episode looks at what a Republican Congress means for U.S. foreign policy, and at the significance of Detroit’s recent bankruptcy hearings.
First, senior political analyst at the Washington Examiner and resident fellow at the American Enterprise Institute Michael Barone talks about what the midterm election results mean for American foreign policy, looking to history for perspective. He also looks at President Obama’s ability and inclination to work with this Republican Congress, especially with regard to foreign relations, and discusses what Republican foreign policy might look like in the years ahead. Barone examines the likelihood that Republicans will cooperate with the President on trade issues, and also the possibility of a clash between Congress and the President over Iran, and why the White House may have the upper hand in that fight.
Then, Steven Malanga, senior fellow at the Manhattan Institute, discusses Detroit’s progress through municipal bankruptcy, including the deals the city has struck with its major creditors, and what sorts of precedents these proceedings might set for future municipal bankruptcies. He speaks on the job that emergency manager Kevyn Orr has done, and he looks at how various politicians across the country have dealt with the issue of pensions.