The Deficit Didn’t Explode Because Trump’s an Idiot

Jonathan Chait: “President Trump has been demanding that his aides draft a plan to reduce the swelling budget deficit while simultaneously ruling out virtually all categories of possible deficit reduction and demanding new deficit-increasing measures of his own. The Washington Post has plenty of hilarious details from the administration’s internal fiscal deliberations, such as they are. Trump comes across as possessing every bit as much fiscal acumen as you would expect from a man who managed to bankrupt a casino, required hundreds of millions of dollars in secret cash infusions from his father to stay afloat, and can barely absorb written material of even the shortest length.”

“The Post’s account draws heavily from the perspective of Trump’s current and former advisers, who treat his buffoonery as the central cause of the administration’s fiscal straits. But the reality is that Trump is simply expressing a more ignorant version of standard-issue Republican budgeting.”

Stan Collender: “It also demonstrates a complete failure by Office of Management and Budget Director Mick Mulvaney and the rest of the Trump administration’s economic team. How is it possible that they have had so little influence with and impact on the president that, almost two years after he took the oath of office, he is so clueless?”