Friday, April 28, 2017

Trump at 100 Days

Tomorrow is the 100-day mark in Donald Trump's presidency and like jouranlists and bloggers all over the world, I am taking the opportunity to provide my assessment on how I think he is doing.

The 45th president of the United States of America certainly set a cracking pace (as I wrote about here) but more recently he seems to be getting bogged down in the swamp he said he would drain. I have looked at a number of his campaign promises in various policy areas and graded them from A+ (completely achieved) to E (has done nothing) and then averaged them to get an overall grade.

Healthcare: He promised to repeal Obamacare, but rather than trying to repeal it he supported Paul Ryan's replacement American Care Act, which was withdrawn when it failed to gain enough support to pass in in the House. His professed approach now seems to be to wait for Obamacare to implode, which is a bit pathetic really. Therefore, he gets a D for this.

Immigration: Repeated knock-downs of Trump's executive orders by the federal courts has meant he has failed to implement his policies in this area, but that is not a bad thing in my view because his policies were ill-advised and poorly thought out. It also shows the American system of government with its separation of powers is working. But in terms of Trump's delivery, he gets a D for this.

Taxation: He has announced tax reforms including lowering rates for companies and individuals, and simplifying the Byzantine system of deductions - so he gets a B-, but maintaining or improving on that grade will depend on follow-through.

Draining the Swamp: He promised to reduce the size of government starting with a freeze on federal hiring, and to stop officials becoming lobbyists after they leave their government jobs. He has signed executive orders to give effect to these policies, so a good start and a B+ for effort.

Reduce Government Compliance: He promised to introduce a requirement for two federal regulations to be elminated for every one introduced. He has signed an executive order stating that two regulations have to be identified for elimination, so, again, a good start and a B+.

Trade: He said he would renegotiate the North American Free Trade Agreement and withdraw from the Trans-Pacific Partnership Agreement. He also said he would label China a 'currency manipulator'. He has fudged on the first, signed a memorandum to effect the second, and backed down on the third. These were all silly policies in my view but a B- for partial delivery.

Energy: He promised to lift restrictions on fracking and clean coal production, and build the Keystone and Dakota Access pipelines. He has issued executive orders on all of these, so he here he gets an A+.

Climate Alarmism: He said he would withdraw from the Paris Climate Accord and stop payments to UN climate change programmes. He hasn't done either yet, reportedly because Ivanka doesn't like these policies, so he gets an E for this.

These are not all the campaign promises he made but they are enough to give an overall grade for his commitment to delivery. The average is a C+, which is not brilliant but probably better than most presidents achieved after just 100 days in office.

So what grade would you give Donald Trump for his performance so far?

2 comments:

Mark Hubbard said...

Best I can give him is a 5 out of 10: four of those points are simply for the entertainment he's giving me watching the identity camp a cheeseburger away from a stroke, the other point for the direction of his tax policy (even though his Luddite protectionism will take away most of the advantages of likely tax cuts).

That said, I've some time for this gist of this piece:

https://www.wsj.com/articles/rating-a-semi-accidental-president-1493160586?mod=e2two

Its premise: If Trump does nothing, America will be better off. If he delivers tax reform, he’ll be great...'

PS: best tax policy planck is the 15% corporate tax. We all know corporate tax is only a deferral (or withholding tax) anyway, as the final tax is paid in hands of shareholders - indeed, I'd abolish corporate tax in NZ [making transfer pricing and base erosion work for us] - but a 15% corporate tax would put a lot of pressure on all Western economies to reduce corporate tax to compete.

paul scott said...

Trump is Emperor. Grade him all you like. The alternative was the insane criminal Clintons. Trump is Emperor.