Wednesday, November 09, 2016

May you live in Interesting Times.

That's an old Chinese curse, "May you live in interesting times."

Well, after last night things are certainly going to get interesting. With Trump in the White House and the Republicans in control of Congress what can we expect?

Certainly a rollback of Obama's immigration executive orders.

Very probably a flat out repeal of Obamacare.

Very probably a move toward tax reform. Exactly what shape that might take is not all that clear. I suspect Congressional Republicans and Trump have different ideas.

Very probably bad news on the Supreme Court. This will most likely be his one payback to the religious right for their votes.

Beyond that, who knows? And this is the big problem, He's far too erratic and unpredictable. It's only a matter of time before he runs into some sort of roadblock, either domestic or foreign. Does he try to work around it or steamroll over it?

Well, we're stuck with it, For better or worse.

On the bright side, the market didn't tank like it did after Brexit. It's actually up about 200 points, and at least it's over. We won't have to listen to Trump whine.

To add insult to injury Josh Gottheimer beat Scott Garrett in my home district. I now have a democratic congressman for all the good it will do me.

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