Of course, the news site positions and packages that as the Trump rally. And that it could be.
There is optimism about the funds which Trump indicated will be spent on infrastructure. He promised deregulation of several major sectors. There will be corporate tax cuts. And you bet, beware the penalties for those outsourcing jobs beyond U.S. borders.
But, the Drudge Report also links to a CNBC video and article which warn of the risk factors. They can lead to a recession, not two chickens in every pot.
The reality is that policymakers associated with Trumpism might not be able to deliver. After all, Trump is enjoying his honeymoon period even before he takes office. By the time the meter starts running on the first 100 days, Trumpism may find intense opposition in Congress.
In addition, Trumpism may put in play ugly trade wars. U.S. exporters may find their traditional markets shutting down. That could bring stagflation. Here at home it will be more difficult to raise prices. Folks' primary asset, their homes, will not continue to appreciate in value.
The challenge for the Trump Administration, once it moves into the White House, is to master the tough art of Washington D.C. politics.
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