Trump may be down now, but he's not out
His support base is still behind him - even if they may not like some of his policies - and the lineup of Democrats are either ailing or trotting out unrealistic plans
IF YOU are a member of the anti-Trump Resistance and a Democratic Party activist day-dreaming that your nemesis in the White House would be ousted from office either through Congressional impeachment or after the 2020 presidential election, the stream of political news stories emanating from Washington, DC, in recent weeks should have been cause for early celebration. You may have started counting the last days of the Trump presidency and preparing to welcome the new Democratic president to town.
And there is no doubt that these have been Donald Trump's Terrible, Horrible, No Good, Very Bad Days, starting with the latest scandal engulfing Washington - Ukrainegate, in which he used - in fact, abused - the power of his office to press a foreign power to damage a political opponent.
Reports that he may have threatened to hold back promised American military aid to Ukraine unless it investigated allegations of corruption involving the son of former Democratic Vice-President Joe Biden, as well a conspiracy theory that Ukraine and Russia hacked Democratic Party e-mails in 2016, have led Speaker of the House Nancy Pelosi to take a step she has resisted until recently - to launch an impeachment inquiry against the president.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access