The bobblehead race for the presidency

Trump believes he should be president because of his business savvy. But he has, in effect, shrunk the large inheritance he received from his father. In 1982, Forbes reported Trump’s net worth at $200 million. Vox calculates that if he had put that in an index fund “at a 0.15 percent fee, he’d have $6.3 billion today after dividend taxes, almost certainly more than he actually does.” And an Associated Press analysis showed that if in 1988 he had put his money in an index fund he would have $13 billion. (He has not really revealed his net worth, but any Trump reticence is as welcome as it is rare.)

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Only Trump is thinking transgressively, which the intelligentsia encourages us to do. Sanders just wants a lot more of wealth redistributions. Clinton wants a bit less than a lot more. Trump, however, has made something novel discussible: He proposes turning the United States into a police state in order to facilitate ethnic cleansing.

When asked whether the forced deportation of 11 million illegal immigrants — almost as many people as passed through Ellis Island in 60 years — might take five or even 10 years, Trump scoffed: “Really good management” will get this done in at most two years. To meet a two-year deadline, his “management” wizardry will have to quickly produce a network of informers to assist at least 100,000 new law enforcement officers equipped with battering rams and bloodhounds.

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