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Trump might soon be unleashing his most radical economic ideas yet

4 15 141
01.06.2018

A few months ago, Democrats in the U.S. were rubbing their hands in glee in anticipation of a “blue wave” that would give them control of Congress in the November mid-term elections and allow them to impeach President Donald Trump. Today, they’re wringing their hands in fear that the Republicans could defy the odds and keep the Congress — historically, the party controlling the presidency loses seats in the House of Representatives 90 per cent of the time.

Soon Democrats could be raising their hands in horror at an increasingly plausible scenario: a “red wave” that, far beyond denying them their much-expected impeachment, gives Trump the supermajority he needs to pass virtually any legislation he wishes.

Until recently, the Democratic strategy — demonize Trump as a racist, sexist, xenophobic incompetent through an anti-Trump Resistance Movement that obstructs him at every turn — seemed to many to be working. Trump’s popularity sank and the polls gave the Democrats a commanding edge over the Republicans of as much as 16 percentage points.

But although the Democrats blocked most of Trump’s agenda, “most” wasn’t good enough. Trump’s passage of tax-cutting legislation and his conservative judicial appointments are among the most consequential........

© Financial Post