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You are here: Home / White House / Trump’s Erratic Style More Problematic as Economy Slows

Trump’s Erratic Style More Problematic as Economy Slows

August 21, 2019 at 9:44 am EDT By Taegan Goddard Leave a Comment

James Hohmann: “These erratic, contradictory pronouncements induce whiplash. They’re also de rigueur in this administration. This is a feature, not a bug, of Trumpism. During his first 928 days in office, Trump made more than 12,000 demonstrably false or misleading claims. Our Fact Checker has documented them in a database… There are dozens of separate examples of the president’s spokespeople – predating Gidley and Grisham – saying something adamantly, only to have the president cut their legs out from under them later in the day. Why would you take anything they or the president say at face value?”

“This behavior is riskier in challenging economic times. When the business cycle turns, the wherewithal of our system depends on people having as much confidence and certainty as possible. Trump and his White House flacks inspire neither feelings of confidence nor certainty. Trump’s penchant for contradicting himself and his aides, as well as changing his mind hastily, which together fuel the credibility gap, would be problematic in a financial crisis. Investors want a steady hand on the ship of state’s tiller. That’s how you prevent runs on the banks, freefalls in the stock market and freezes in business investment.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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