In praise of President Trump

Donald Trump may be a boorish ignoramus, says Matthew Lynn, but he may be doing some good in the White House.

880-Trump-2-634

A boorish ignoramus who has done some good
(Image credit: Copyright (c) 2017 Shutterstock. No use without permission.)

US stocks are up by 31%, the most under any president since Roosevelt. There are 2.2 million more jobs. The economy is expanding by more than 3% a year. As President Donald Trump completes a year in office, the "other Project Fear" the one that said Trump would tank the US economy is looking as silly as the first one over Brexit. Sure, he is a boorish ignoramus with the ego of a deranged toddler. But that shouldn't blind us to the fact that he may be doing some good.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.