Donald Trump — Unstoppable
Author: Greg Valliere
August 12, 2025
ACTUALLY, THE ASSAULT ON CRIME wasn’t the most stunning development yesterday. The transformation of U.S. capitalism has much wider implications, as Washington extracts billions from U.S, corporate exports and engages in a form of capitalism that rewards chip producers and huge corporations.
IN THIS NEW CAPITALISM — brilliantly explained by Greg Ip in this morning’s Wall Street Journal — the focus is on Chinese manufacturers. Trump has granted China another 90 days to reach a trade deal; that’s the big trade issue, not India or Canada or other countries that won’t fit in the New Order.
“Doesn’t this guy ever take a vacation?” seems to be the mantra as Trump survives the Epstein case, signs of warm inflation and a perception — absolutely not true — that crime is out of control.
TRUMP HAS THE VOTES, BARELY, IN BOTH HOUSES, Winning the arguments is nice; but not as important as having the votes; Texas redistricting will make a difference.
TRUMP SURELY MUST REALIZE THAT THE REPUBLICANS HAVE ONLY 15 MONTHS before the next election, so he’s moving at breakneck speed to put his fingerprints on virtually every major issue.
AT SOME TIME, PERHAPS BY 2026, there could be a backlash. But what strikes us as remarkable is the passivity of the Democrats. They are starting to strike back, but Trump knows that resistance is futile; the Democrats have no stars and few new ideas.
SO WHAT WE SEE NOW IS WHAT WE’LL GET for another year or more. Trump’s tariffs will keep inflation elevated, but a tidal wave of revenues will offset concerns about prices. If the economic data looks troubling, he’ll find someone to cook the books.
PERHAPS THE COURTS WILL STOP THIS BLITZKRIEG, but betting against Trump looks futile. He has at least a year to re-write the history books, with no serious opposition.
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