Trump's great man theory of economics

As president he's going to give us exactly what he promised during the campaign: a compelling if simplistic show, based not on facts and details, on policies and adjustments to market forces, but on one man's will

President-elect Donald Trump and Vice President-elect Mike Pence will have to find a new way of doing business once in office.
(Image credit: AP Photo/Evan Vucci)

Macroeconomic policy is for losers. Real presidents don't care about that stuff — they do deals, terrific deals, deals with so much winning you're gonna get bored of all the winning.

And that, my friends, appears to be how the next president of the United States will make our economy great again. In other words, as president he's going to give us exactly what he promised during the campaign: a compelling if simplistic show, based not on facts and details, on policies and adjustments to market forces, but on one man's will.

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Paul Waldman

Paul Waldman is a senior writer with The American Prospect magazine and a blogger for The Washington Post. His writing has appeared in dozens of newspapers, magazines, and web sites, and he is the author or co-author of four books on media and politics.