Trump has shown himself a master at populist stunt

Trump has shown himself a master at populist stunts — such as cowing Carrier to save 700 or so jobs — and at populist rhetoric. Nationalist posturing and racial signaling — on immigrants, on African Americans, on Muslims — can provide red meat to his movement. But the jobs aren’t coming back. Coal won’t revive without massive subsidy. His Republican Congress and Davos Cabinet aren’t going to embrace a robust industrial policy or a plan to rebuild America. Tax cuts and deregulation will shaft the very people Trump promises to help. Real billionaires in both parties — George Soros and Michael Bloomberg — have called Trump a con man. But even a good con can’t last forever. It won’t be long before working people catch on to Trump’s game and we start seeing lawn signs saying “Dishonest Donald.”