OPINION: Take heart cowardly GOP Congress, the TACO policy might work for you
After Donald Trump’s chaotic tariff policy began wreaking havoc upon financial markets during the first months of this year, clever financial analysts came to describe it as a TACO policy. When the markets reacted violently to his on-again, off-again tariff gyrations, he always made dramatic course corrections to calm market fears. They called it “Trump Always Chickens Out” (TACO).
There are interesting signs that the TACO policy is beginning to play a role in Trump’s dealings with the GOP majorities in Congress. Up until this time, the craven congressional cowards have willingly allowed him to usurp their constitutional powers — tariffs, taxes, war, spending, whatever — out of fear of incurring his wrath. Very few have dared to stand up to him even when they knew his actions were wrong.
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