No one ever accused Heisenberg of trying to obscure political biases.
In fact, it’s the opposite. More than a few (dozen) readers have written in over the past three months expressing consternation that they have to endure political commentary in order to benefit from our financial analysis.
Two things about that: 1) the entire raison d’être of HR is to highlight the interplay between politics and markets, so not talking about politics would be anathema to us, and 2) we didn’t send out a memo that said “free with your click: the privilege of dictating the author(s) political views.”
So you know, you’re not entitled to read great financial reporting devoid of our political biases. Sorry.
Now, who’s mad? Show of hands (and hate mail, which we’ll probably print).
With that disclaimer out of the way, consider the following rather amusing excerpt from a WaPo editorial which explains precisely why the Trump agenda isn’t working. It’s beautiful in its simplicity. Or, put differently, Occam’s razor applies here…
Why is Trump flailing? Because Americans hate his agenda, and it’s based on lies.
Everyone in Washington is trying to figure out why President Trump’s agenda has stalled on multiple fronts and why his approval numbers are swirling down the toilet. CNN’s Chris Cillizza suggests Trump’s penchant for disruption and chaos actually works against him. Others point to Trump’s failure to forge relationships on Capitol Hill.
Still others say the problem is congressional Republicans. Trump’s social media director has called for a primary against a House conservative who opposed Trump’s health plan, which may have violated a law designed to keep government officials from swaying elections. Some GOP groups are reportedly mulling ads targeting GOP lawmakers who don’t vote with Trump. Thus, the problem is their disloyalty.
All this has some truth to it. But here’s another overarching reason for Trump’s travails: As his campaign promises are getting translated into concrete policy specifics, Americans are recoiling from the results. What’s more, this process is unmasking the disconcerting levels of dishonesty, bad faith, and lack of concern for detail and procedure that are rotting away at the core of his agenda and approach to governing, all of which is plainly working against him.