Watch out. Repealing Obamacare is obviously a good thing. Inflating the debt is stupid.
Winds of Change.
We expect more of the same from Speaker Ryan, but we hope for the best. Indeed if Ryan can get the big spending establishment under reins this will be an historic achievement. Truly something to be proud of. His position in history will be unique. And you know pols love that sort of thing.
We think it is possible that Ryan has it in him. Possible. Not probable though.
They haven’t learned. Thing is they don’t want to learn. The power is too addictive.
It is disappointing if not surprising. As we’ve said, this is a long slog.
Given that the President is for the TPP, the Senate has basically said that it is on board, and the House leadership is pushing the thing, a derailment of the trade deal would constitute a significant coup. Such things are rare in American politics.