History’s Accidental Super-Keynesian: Why Trump Isn’t The Second Coming Of Ronald Reagan

The idea that Trump is the second coming of Ronald Reagan is dying a stubbornly slow death, and for an obvious reason. Wall Street desperately needs to believe that the stimulus baton is being handed-off from the Fed and other central banks, which are out of dry powder, to some giant Trump Stimulus consisting of big tax cuts, a trillion dollar infrastructure spendathon, a larger defense budget and still bigger deficits than the $10 trillion already in the pipeline for the next decade.