Trump Turning Away From Populist Economic Message
This is great news. As readers know I have long been troubled by the economic views of President Trump. Today, however, several news sources have reports that blend with what we have been watching unfold for a few weeks on these matters.
President Trump “is abandoning a number of his key campaign promises on economic policy, adopting instead many of the centrist positions he railed against while campaigning as a populist,” the Washington Post reports.
“The statements represent a move toward the economic policies of more centrist Republicans and even at times align with the approach of former president Barack Obama. Should he follow through on the newly articulated positions, it would suggest that the candidate who ran as the ultimate outsider is increasingly adopting a more moderate economic agenda.”
Politico: “From health care and the Export-Import Bank to NATO and to China’s alleged currency manipulation, Trump has made moves that would leave a more traditional politician labeled a flip-flopper. But for Trump, who sold himself in part on a businessman’s flexibility, the moves fit his reputation for unpredictability.”