With no sense of irony, a “liberal” media which rightly excoriates the President of Gambia for failing to accept an election result, continues to do precisely the same thing in the case of Donald Trump. No invective is too strong to be cast against a man whose election the “liberal” media did everything possible to prevent.

With the happy resignation of Stephen Daisley, a strong contender for worst journalist in the World is now Jonathan Freedland of the Guardian. He takes the irony to an entirely new level. He claims that Trump will destroy the legacy by which smaller nations “long looked to the US to maintain something close to a rules-based international system.” He completely ignores the fact that the greatest single hammer blow against the rules based international system was delivered by Freedland’s idol Tony Blair, when he supported the invasion of Iraq without a Security Council Resolution and in the specific knowledge that, if the matter of force were properly put to the Security Council, it would not merely meet three vetoes but lose a majority vote.

The UN, and the rule of international law, have never recovered from that hammer blow, which Freedland enthusiastically cheered on. Nor has Freedland apparently noticed that the smaller nations rather detest than worship the USA. It has invaded and bombed them, interfered in their elections, supported right wing coups and armies, run destabilising CIA drug rings in them, and armed and even sometimes led dictatorial death squads. Look at all those US Security Council vetoes and the resolutions that never got to a vote because of threatened US vetoes. Look at all those General Assembly votes that were everyone against the USA, Israel and the poor occupied Marshall Islands. Freedland’s hymn to the Pax Americana is a sick joke. For much of the world, a period of American isolationism would be extremely welcome.

I am thankfully too clear-headed to like Trump because of the extraordinary campaign of vilification to which he has been subjected. Freedland has no shame about repeating the lie that Trump kept Hitler’s speeches by his bedside. I was in a position to know for sure that the “Russian hacking” elements of the extraordinary “Manchurian candidate” rubbish which the entire establishment threw at Trump was definitively untrue. I had the background and training to see that the Christopher Steele dossier was not only nonsense, but a fake, not in fact produced seriatim on the dates claimed. The involvement of the US security services in spreading lies as intelligence to undermine an incoming President will go down as a crucial moment in US history. We have not yet seen the denouement of that story.

But none of that makes Trump a good person. He could be an appalling monster and still be subjected to dirty tricks by other very bad people. There is much about Trump to dislike. His sensible desire for better relations with Russia is matched by a stupid drive to goad China.

Trump’s anti-immigrant rhetoric did tap in to the populist racism which is unfortunately sweeping developed countries at the moment. The very wealthy have succeeded in diverting justified anger at the results of globalisation on to immigrant populations, who are themselves victims of globalisation. By shamelessly tapping in to the deep wells of popular atavism, the elite have managed the extraordinary trick of escaping the wrath their appalling profiteering and extreme levels of wealth should bring. His words on race in his inauguration address were good, but does he really mean them? His anti-Muslim rhetoric remains deeply troubling. His ludicrous boast yesterday that he would end radical Islamic terrorism is precisely indicative of the counter-productive stupidity that feeds it.

I am a free trader and dislike the march of protectionism. But on the other hand, international trade agreements have become routinely not about tariffs but much more about the allocation of resources within the states concerned, mandating a neo-liberal model and giving extraordinary legal status to multinational companies. The collapse of the current model of international trade agreement, if that is what Trump really heralds, has both its positive and negative aspects.

It is of course a major question whether the establishment and his own Republican party allow him to do anything too radical at all. My own suspicion is that after all the huffing and puffing, nothing much is going to change. The key intra-party battle will probably be over the only policy he affirmed in any detail yesterday, the return of New Deal type state infrastructure spending. The idea of a massive state funded programme of national infrastructure, particularly in transport, to get heavy industry back on its feet, is the very antithesis of neo-liberalism. I think yesterday cleared up the question of whether Trump really meant it – he does. Will he be allowed to do it by a party committed to small state and balanced budgets, is a huge question. As Trump is also committed to tax cuts, it implies a massive budget deficit – with which Trump might well be comfortable. If Trump does succeed, it could fundamentally shift the way western governments look at economics, turning back the clock to the happier days before the advent of monetarism.

So that is Trump. Much that is bad but some fascinating things to watch. I suppose the reason I can’t join in the “it’s a disaster” screams, is that I thought it was already a disaster. The neo-liberal, warmongering orthodoxies did not have my support, despite Obama’s suave veneer. The pandering to racist populism of Trump is bad, and we must keep a watch on it. He may turn out not really to be different at all. Like all politicians, personal enrichment will doubtless be high on his agenda. But I do not start from the presumption the world is now a worse place than it was last week. I shall wait and see.