To the editor:
President Trump gives himself credit for the strong U.S. economy. He’s like the guy who runs to the front of the parade and starts “leading” it. The fact is that Trump was lucky enough to take office at a time when the U.S. economy was already roaring under President Obama.
But the economy goes through cycles, and many market analysts believe the U.S. is in the final stage of a bull market, after which a downturn is inevitable by 2020. And given that Trump pushed through a deficit-exploding tax cut when it wasn’t needed, he has effectively robbed himself of a major tool that he could use when a real economic downturn hits.
The bottom line is that if the GOP is putting all its eggs in the basket of a strong economy, it is heading for disaster. It’s not difficult to forecast the scenario: With Brett Kavanaugh on the Supreme Court, women could lose the right to choose and millions of Americans could lose their healthcare. Add to this a recession, and you’ve got an electorate that will be motivated as never before to sweep the Republicans out of power, possibly for a long time.
Going “all in” with Trump is very much a double-edged sword for Republicans.
Matthew Singerman, Newbury Park