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Trump: The First One Hundred Days

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Metamorphoses of President Trump

US president running into contradictions and dangers

Whatever may come of Donald Trump’s economic programme, it doesn’t seem likely to become reality any time soon. The new president, in office for 100 days on 29 April – offering what Steven Mnuchin, his Treasury secretary, has said will be the biggest tax cut in history – knows his favourite solutions on trade and taxes will create winners but also losers.  The president must reassure Republican budget hawks that the deficit will be manageable. He will need to master a political balancing act requiring skills  he has not yet been able to demonstrate.

That is one of the conclusions of a book by veteran academic and analyst Meghnad Desai and other authors, published by OMFIF Press, detailing the contradictions and controversies of the businessman-turned-president. In his multiple metamorphoses from mogul to party renegade, from campaigner to nominee, from election winner to head of state, Trump has spawned more colourful imagery than many of his predecessors generated in their full terms.

Desai and fellow writers dissect the Trump phenomenon across a broad range of economic and social policies. They consider, too, the complex array of foreign policy questions to which he is, somewhat reluctantly, having to pay attention.

Inability to repeal Obamacare signals danger. If Trump’s healthcare proposals stall, there is little hope of getting a trillion-dollar infrastructure plan approved.  Many of Trump’s top appointments are seasoned pragmatists now telling him the facts of life. Beijing is not a currency manipulator, he admits. The president has had good things to say about Federal Reserve Chair Janet Yellen, whom previously he seemed ready to reduce to lame duck status.

Trump’s greatest obstacle is his own Republican party, many of whom viscerally oppose his aims and methods. Yet when many voters (not just in the US) feel betrayed by the political class, Trump’s characteristic as the first president for 60 years with no experience of elective office may stand him in good stead. As a result of eight years of sub-standard growth, the economic ‘hollowing out’ of Middle America and a series of foreign policy reverses, electorates dislike and distrust insiders. The president’s economic policies, conventionally termed unconventional, may yet turn out to be a trump card.

Trump: The First One Hundred Days is published by OMFIF Press on 29 April 2017. To download a complimentary copy of the e-book, please visit the following link from Friday 28 April:


Trump: The First One Hundred Days

Friday 28 April, 15:00-15:45 BST

Lord (Meghnad) Desai joins a panel of speakers to discuss his new e-book Trump: The First One Hundred Days published by OMFIF Press on 29 April. Macroeconomic issues, monetary and fiscal policy, immigration and trade, as well as the state of the economy that Trump inherited will be points for discussion.

Click here to register your attendance.

OMFIF Ltd is a company registered in England and Wales. Company Number 7032533

Registered Office: 30 Crown Place, London, EC2A 4EB, United Kingdom.

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