Wednesday, October 04, 2017

I Knew It Wouldn't Last A Day

I wasn't really becoming a Trump fan, dear readers.

On Wednesday, the Trump administration indicated it has no current plans to take the unprecedented, politically dangerous and probably illegal step of wiping out the owners of Puerto Rico's bonds in the wake of Hurricane Maria's devastation. Trump’s own budget chief quickly walked the president’s comments back.

The framing is wrong. The idea that this is "unprecedented, politically dangerous and probably illegal" is wrong on all 3 but of course this was never going to happen.