Stockman On The Delusions Of MAGA

The Donald is not leading America to the promised land.

Instead, he's leading it to war abroad, fiscal and economic calamity at home and a crisis of governance that pales Watergate into insignificance.

To be sure, these baleful outcomes were baked into the cake when Trump took the oath 15 months ago, and there was never any rational reason to think he could reverse the tide.

As we have said from the beginning, the Donald's historic role is to function as the Great Disrupter---tying the system in knots and causing the malefic Washington/Wall Street consensus to become irreparably fractured and thoroughly discredited.

But he can not possibly fix anything because he has no agenda, no mandate and no capacity whatsoever to lead.

His domestic program boils down to crude protectionism, nasty xenophobia and epic fiscal profligacy; his foreign policy is a function of who he talks to last among his worsening team of failed generals and bloody-minded neocons; and his notion of White House leadership consists, self-evidently, of early morning tweet-storms from the East Wing Residence.

The single thing that the mainstream media acknowledges as a "success" is the Christmas Eve tax cut, but that will soon prove to be the most counterproductive and irresponsible fiscal policy action in modern history--or even ever.

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