Trump’s Biggest Wins and Losses of 2018

By The Daily Caller. President Donald Trump oversaw his second full year at the helm of the U.S. government in 2018 and delivered on some major promises to his supporters while also facing political setbacks in a tumultuous political climate. . .

Trump’s undoubted biggest accomplishment of 2018 was increasing the Republican majority within the U.S. Senate. The president undertook a grueling travel schedule during the 2018 midterm elections, at one point traveling to three different states per day and holding his signature rallies. Trump demonstrated his remaining ability to draw massive crowds of supporters who turned out to support his chosen candidates on election day. . .

2018 saw the extraordinary summit between Trump and North Korean leader Kim Jong Un. The results of the summit aimed at denuclearizing the Korean peninsula remain unclear, but the mere fact that it happened at all is a massive change in U.S. policy. Trump spent much of 2017 deriding Kim Jong Un as “little rocket man” while the U.S. and North Korea traded insults. North Korea lobbed several test missiles of extensive range over Japan and into the nearby ocean in an attempt to prove it’s capable of hitting U.S. soil. . .

The Senate may be Trump’s biggest win of 2018, but conversely the loss of Republican control within the House of Representatives will remain a major thorn in his side throughout 2019 and 2020. Republicans lost nearly 40 seats in the 2018 midterm elections, significantly changing the incoming political landscape in Washington. . .

Two years into the Trump presidency he still has not delivered on his signature campaign promise of a wall along the U.S. southern border. Trump frustratedly attempted to explain away his failure with the minutiae of Senate procedure, but his most ardent supporters point out that he did prompt major showdowns and fights with Democratic lawmakers over the issue until December 2018. (Read more from “Trump’s Biggest Wins and Losses of 2018” HERE)

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Trump’s Economy Not Working Way He Touted, but That May Not Be Bad

By Bloomberg. Halfway through Donald Trump’s first term, it’s getting easier to piece together an account of how his policies are supposed to drive economic growth.

And the economy is, in fact, expanding pretty fast — but not necessarily for the reasons Trump said it would. The president promised to squeeze more American growth out of businesses and foreigners. Instead it’s the government, deploying its balance sheet via deficit-spending, that’s doing the work.

The theoretical version of how Trumponomics would succeed might look something like this: After inheriting the most lopsided U.S. recovery of modern times, in which households contributed a record share, Trump would summon reinforcements from two directions. . .

Trump’s policies could deliver gains in those areas over the longer run. The latest numbers on business investment were disappointing, but it’s early to judge the effects of Trump’s fiscal policy, said Stephen Moore, the co-author of the recent book “Trumponomics” and an adviser to Trump in 2016. “I totally reject this idea that the economy is on a sugar high,” he said. “The tax cuts are just kicking in.” (Read more from “Trump’s Economy Not Working Way He Touted, but That May Not Be Bad” HERE)

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