Bannon goes belly up, and the stock market soars
There are many definitions of populism. But I think American populism is a belief that the citizenry should be empowered, not the government. I can agree with Steve Bannon here, in particular when he criticizes crony capitalism and the swamp of money for lobbyist favors.
But I'm not sure Bannon buys into the free-market capitalist model.
Wage earners have suffered over the last 20 years, and the answer is not high tariffs and taxes. The answer is to make America great again by lifting the burden of taxation, regulation and unlimited government, and restoring a far-reaching, long-lasting prosperity.
Prosperity is American populism. And that's the President Trump way.
I hope Steve Bannon will reflect on his downfall and revisit these prosperity lessons. In life, doors close and doors open. We can learn from our mistakes and move on to better times.
A smart guy like Bannon should work to help us, not harm us.
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