OPINION4 July 2017

Gossip v Gospel

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Finance Impact Opinion UK

The Donald Trump reality show continues unabated: another day, another Tweet, another executive order. By Lorna Tilbian

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The mainstream media and political elite remain stupefied by the pace of developments, but this is what America voted for: someone who means business and gets on with it. Moreover, despite the seeming chaos, the system is demonstrably working, with the judiciary and legislature keeping checks and balances on the executive. The travel ban imposed on seven majority-Muslim countries was overturned by “so-called judge” Bob Ferguson, proving that no man – not even the leader of the free world – is above the law and the constitution.

As Peter Thiel, co-founder of PayPal, has said, one must take Trump seriously, but not literally. When it comes to politics, he changes his mind on the turn of a sixpence – think waterboarding, NATO, ‘one China’ policy, the Iran nuclear deal, and the ‘two-state solution’ for the Middle East. But when it comes to economics – cutting taxes, spending on infrastructure or rolling back bank regulation – he seems steadfast, ...