Après Cohn, le Deluge?

Trump’s top economic adviser departs, and the administration’s grown-ups worry.

Mr. Trump’s washing-machine and solar-panel salvo was to be followed by a focus on China’s unfair trade practices, namely intellectual-property theft. The president would announce narrowly targeted trade actions against that country, while holding aluminum and steel tariffs in reserve. All this would be choreographed around renegotiation of the North American and Korea-U.S. free trade agreements.

.. Mr. Ross took advantage of the situation last week to get the president’s ear, and back we were to the days of Mr. Trump spinning out on the advice of the last person in the room.

.. few know that he spent this past weekend talking the president down from an even more Planet Mars idea from Team Ross —to set tariffs closer to 50%.

.. Mr. Ross (a former steel executive) and the nativist Peter Navarro have driven out their biggest free-market opponent, increasing their ability to wreak harm on the economy.

The voices of those who actually understand economic policy are greatly diminished, as evidenced this week by the administration’s endless loop of fact-free and near fantastical claims about the effects of the tariffs.

His shabby treatment has more than a few of the grown-ups now actively considering their own exit plans. It’s one thing to do battle daily; it’s another to watch months of work get flushed on a whim, and get publicly branded a “globalist” to boot. Mr. Cohn’s top deputy, Jeremy Katz, departed just as soon as the tax deal passed, and watch for other Cohn staffers—many of them important free-market voices—to follow.

.. Imagine a Trump presidency without Mr. Kelly, H.R. McMaster, Jim Mattis, Don McGahn, Mick Mulvaney, Kevin Hassett. Consider, too, that no one as good is likely to replace them—now having seen how the White House works.

And don’t forget congressional Republicans, whom Mr. Trump has potentially set up for a midterm rout.

Many are furious that he has forced them to call him out, splitting the party. But they are also legitimately fearful the tariffs will spark trade war and destroy tens or hundreds of thousands of jobs, neutralizing the benefits of the hard-won tax reform.

The economy is the best thing Republicans have going for them in November, and the Trump-Ross-Navarro trio just embraced the only policy that could kill it.

Just how bad it is will depend hugely on Mr. Cohn’s successor.

.. Besides, who in his right mind would even want the job?

Trump’s accidental moment of truth

Progress in many areas where the parties could work together is being blocked because of the need for Trump and the Republican Party to kowtow to conservative ultras.

.. It was ironic that hours after Trump’s triple axel on the question, Judge William Alsup halted the president’s original effort to end DACA by citing Trump’s own words to make the case against him.

“Does anybody really want to throw out good, educated and accomplished young people who have jobs, some serving in the military?” Trump had said in September. Well, the other Trump seemed to want to do just that.

.. Trump is also stuck with his promise to build the border wall despite the fact that a USA Today survey of Congress last fallfound that fewer than 25 percent of Republicans were willing to endorse the plan. But the wall is all about his brand.

.. The cost of extremism is obvious on other matters as well. The Children’s Health Insurance Program is a genuinely bipartisan achievement that, at low cost, gets health care to 9 million young Americans. But the renewal is hung up because House Republicans are demanding that it be paid for by cutting Obamacare spending on various preventive-care measures. Really? Since when is prevention a partisan issue?

 

Trump proves he is a parrot

he has shown himself to be swayed with remarkable ease: He said he was rethinking his position on Obamacare after a post-election talk with President Obama, revised his views on NATO after speaking with Europeans, softened his views on China after a chin-wag with the Chinese, shifted on NAFTA after talking with the Mexicans and switched his budget views after hearing from Chuck and Nancy.

.. This raises the tantalizing prospect that Trump could be a better president if he were not surrounded by the likes of Stephen Miller, as well as the alarming possibility that he could be even worse if the last voice he heard before making a decision were that of, say, Vladimir Putin, or Alex Jones

.. But this all depends on what is going on in Trump’s head when he repeats the last words he hears: Is he actually internalizing the views, or is he merely echoing? Is he a chameleon or a parrot?

.. Clearly, Trump is merely echoing, not embracing, the words he hears. No mind could possibly assimilate as many diametrically opposed ideas as Trump’s appeared to in those 55 minutes.

.. Sen. Dick Durbin (D-Ill.) told Trump that DACA legislation to protect immigrant “dreamers” had to be done “in a matter of days — literally of days,” referring to a Jan. 19 budget deadline.

Replied Trump: “I agree with that, Dick. I very much agree with that.”

A few minutes later, Rep. Martha McSally (R-Ariz.) took exactly the opposite view, suggesting that DACA action could wait until March and that instead there had to be an immediate Pentagon budget increase: “Those who need us right now before the January 19 deadline is our military.”

House Minority Whip Steny Hoyer (D-Md.), paddled Trump back the other way, saying more military spending would have to be accompanied by similar hikes for domestic programs such as infrastructure.

Replied Trump: “I think we can do a great infrastructure bill.”

This was fun!

Minutes after Hoyer invoked the phrase “comprehensive immigration reform” — a phrase hard-liners see as code for “amnesty” — Trump was using the phrase, too.

When you talk about comprehensive immigration reform,” Trump said (after Sen. Lindsey Graham, a GOP maverick, had also floated the idea), “which is where I would like to get to eventually — if we do the right bill here, we are not very far way.

.. House Majority Leader Kevin McCarthy (R-Calif.) and Sen. David Perdue (R-Ga.) both said border security and a solution to “chain migration” — a conservative priority — must be included in the DACA bill. Trump readily agreed.

Sen. Dianne Feinstein (D-Calif.) proposed the opposite, a “clean DACA bill” — that is, without border security and chain migration — before taking up a comprehensive overhaul, and Trump said, “I would like to do that.”

McCarthy, alarmed, swatted Trump back in the other direction. He reiterated that the DACA bill should include border security and chain migration.

Trump agreed with this, too. “And the lottery,” he added, tossing in another conservative priority about making immigration merit-based.

Back and forth Trump bounced.

One moment he appeared to agree with Perdue that the DACA bill would include the conservatives’ chain-migration plan. The next moment he appeared to confirm to Sen. Jeff Flake (R-Ariz.) that the DACA legislation would not be paired with that provision.