@VDHanson on the Left's idea of 'failure'.
amgreatness.com/2019/12/29/tru…
"It is popular on the NeverTrump Right and everyone on the Left to claim that President Trump has “failed” as we head into an election year.
But his supposed failures are instructive.
Take the wall.
.
There are some considerations to keep in mind.
Trump is addressing this.
A recent Economist article lamented the fact that Trump 𝒊𝒔, in fact, ...
And now the invective over the last few months has begun to alter.
On trade, for much of Trump’s tenure, U.S. trade deficits increased and gyrated, in a pattern not much different from the latter years of the Obama administration.
The September trade deficit was $52 billion, and in October, $47 billion, the lowest in 17 months.
So, the recent reduction cannot all be attributed to recessionary pressures that in the past have ossified trade in general.
.
In contrast, the prior bipartisan orthodoxy that concessions would win Chinese favor, enrich its population, ...
U.S. energy production continues to rise, given even more federal lands have been opened up to leasing.
Gas prices in real dollars remain low.
The U.S. embassy to Israel is now in Jerusalem.
The Golan Heights are not going back to the murderous Assad regime.
The Iran nuclear deal is toast.
Iran is not growing its tentacles over Syria and Iraq, but is broke and reeling.
Or was he savior by election time 1984 as the economy was growing over 7 percent per year?
They were wrong again with their prediction of a late summer 2019 recession.
So we are watching a great experiment, as all of our past de facto assumptions about regulations, immigration, identity politics, trade, workers’ wages, manufacturing, ...
~ End ~
@VDHanson
amgreatness.com/author/victor-…