Trump’s continued political survival depends to a large extent on people he has targeted for abuse over the last three years. So far, they have delivered for America, and, therefore, for him. Jay Powell has thrown all of the Fed’s firepower at the coming depression. Nancy Pelosi agreed to a huge spending package that will permit him to pose as Lord Bountiful shortly before the election without asking for much in return. Now, will the deep state deliver?
What he calls the “deep state” is actually a collection of federal experts and bureaucrats without which modern constitutional government cannot exist. A true populist who prefers his own uninformed gut feelings to norms and expertise, he has done his best to neuter them or drive them away. The recovery can’t take place without their assistance. Are they up to the task? Can they bring the virus under control and send out the Trump Bucks in time to save his bacon? We’ll see.