Trump — or What, Exactly?

In traditional political terms, there is always an alternate agenda to an incumbent president’s that reasonable voters can debate.

In Trump’s case, two massive annual budget deficits — coming on top of the previous two administrations that doubled the national debt — seem fair game. No president for the past 19 years has sought to offer any remotely sane budget. And with still relatively low interest rates, massive federal spending, a $22 trillion national debt, and an annual deficit of nearly $1 trillion, it is hard to imagine, in extremis, that there remains any notion of “stimulus” or “pump-priming” left.