Trump's Card
Obama's already done that, doubling the national debt in 8 years, going through several rounds of QEs, and dropping interest rates to zero. You can't inflate the economy more than what has already been done.
Satchmo Distel wrote: I think he'll massively inflate the economy and leave his successor with a huge deficit, yet the GOP will still pretend to be the party of fiscal responsibility. And the American public, with the attention spans of goldfish, will buy the lies, as they did with Reagan and with Dubya until after the 2004 election.
The known unknown, so to speak, is the gullibility of the electorate. Given how the voters defied sanity in 2016, there are no ground rules going forward that one can rely on. Trump has destroyed not just norms of behaviour but also of prediction.
The known unknown, so to speak, is the gullibility of the electorate. Given how the voters defied sanity in 2016, there are no ground rules going forward that one can rely on. Trump has destroyed not just norms of behaviour but also of prediction.
Comment