CNBC’s Ron Insana isn’t holding out much hope for the new administration, predicting that “’the handwriting is on the wall” for Donald Trump’s presidency.
He says Trump’s signature initiatives are either delayed or “dead on arrival.” The Trump presidency, in its early days, is already “looking like a failed effort.”
“A review of Donald Trump’s business career would lead one to say that he has always over-promised and under-delivered. Whether his long list of bankruptcies in the ever-profitable casino business, the failures of his ‘university,’ steak, vodka or clothing lines, there has been a history of putting himself first, while ignoring the needs of his constituents,” Insana wrote from CNBC.com.
“We may be seeing that play out in his approach to government, as well. As in business, Trump has a constituency of one … himself … just ask his stock and bond investors, his suppliers, contractors, laborers, or even his