Trump Has Gone “Full Deep State”
Trump Has Gone “Full Deep State” by Justin Spittler – Casey Research
Justin’s note: Today, we’re sharing a recent essay from Doug’s longtime friend and colleague Bill Bonner. All year, Bill’s been saying that Trump was no match for the “Deep State”—a shadowy group of government insiders that control just about every aspect of American life. Now, after Trump’s recent deal, it looks like the president’s officially given in…
By Bill Bonner, chairman, Bonner & Partners
Senator John McCain spoke for millions last week.
“I’m a pretty intelligent guy,” he said, speaking of President Trump’s sudden lurch to the left side of the aisle, “but I don’t understand this.”
On the surface, the political events of last week are baffling. Underneath, they follow an ineluctable logic.
No Legislative Win
Last Wednesday, the administration, like a mischievous boy putting a mouse in the girls’ bathroom, threw the issue of the “Dreamers” – the 800,000 illegal immigrant children granted permission to stay in the country by President Obama – to Congress.
Shrieks could be heard from coast to coast. What was the meaning of this?
What would Congress do about it?
Nobody quite knew. But one thing was certain: It would get in the way of everything on the legislative docket.
This seemed, again on the surface, to be the last thing the Trump Team needed. The White House needs a win.
After more than 200 days in control of the White House and Congress, and nothing to show for it, the administration is starting to look like a loser.
No O’care repeal and replace at home. No end to losing wars overseas. The money still flows, unimpeded, to the zombies and the cronies. The swamp grows.
Behind the Sturm und Drang of hysterical press reports, it is business as usual – which is exactly what was coming all along.
Backstabber in Chief
Key to draining the swamp – the last spade left that fiscal conservatives might use to dig a ditch – was the debt limit.
For 100 years, the “debt ceiling” imposed a requirement on Congress to confront the implications of its own spendthrift ways. The bigger the deficits, the more it needed to raise the debt ceiling.