National Review editor Rich Lowry thinks that although Donald Trump’s fans love his populist blather, they might start to lose patience with some of the big programs that Congress tries to pass. For example:
Obamacare “repeal” without a replacement, a deficit-increasing traditional Republican “tax cut for the rich,” and even — although this is much less likely — Medicare reform. Trump may find his political capital depleting rapidly in the cause of passing conventional Republican legislation that isn’t as important to him as his populist calling cards.
I don’t want to make too much of this, but when was the last time you heard a conservative, let alone the editor of NR, refer to tax reform as a “traditional Republican” “tax cut for the rich”? That’s the way liberals jeer at supply-side voodoo. Conservatives insist that tax cuts like Trump’s (or Paul Ryan’s) are “broad based,” “capital deepening,” and “job creating.” They are most definitely not “tax cuts for the rich.”
But now they are. What does this mean?