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25-Aug-2017 03:11
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Trump ran a campaign that was explicitly hostile toward long-held conservative policy prescriptions.
He blended conventionally Republican rhetoric with support for protectionist, big-government interventionism.
The official unemployment rate today is 4.5 percent, lower than at any point since June 2007.
At 63 percent of the eligible workforce, the labor-participation rate is improving, albeit slowly.
These are also conservative values, but conservatives cannot assume they are universally accepted as such.
Responsible conservatives have ceded the latitude to shape conservative positions to disreputable provocateurs, thus repulsing persuadable voters.
In some respect, the Trump administration is an opportunity for conservatism.
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In late April, the NASDAQ closed above the 6,000 mark for the first time in history.
Judging by Trump’s first months in office, many of these Republicans have reached an accommodation with the new political reality.
Without echoing Trump or the alt-right, they’ve backed away from defending or advancing conservatism.
Sober-minded conservative Republicans are obliged to take their ideas back.
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Those are: In broad strokes, Donald Trump has embraced self-described socialist Bernie Sanders’s proposal for a 13-figure infrastructure project focused on rebuilding the nation’s roads, bridges, and airports. “Sometimes you have to prime the pump,” Trump told Time. It was the same logic that led to Barack Obama’s 0 billion effort to stimulate America’s moribund economic engine in 2009.
The Dow Jones Industrial Average topped a record 20,000 just five days after Trump’s inauguration and has stayed there since early February.
