Buckle Up! The Defenestration Of Trump-O-Nomics Is Nigh

There is one predominant reason why the Donald defied the odds and was re-elected President after skipping a term—a feat accomplished only by Grover Cleveland 133 years ago. In the famous phrase of Bill Clinton’s earthy operative, James Carville, “it was the economy, stupid”.

There is nothing that will put hand-to-mouth main street America in a “throw the rascals out” frame of mind faster than a bad economy driven by rising inflation. The latter impacts everyone—unlike its twin foible of recession/unemployment, which clobbers a much smaller and more marginal slice of the electorate with a lower propensity to vote.