Janan Ganesh (“ The end of the Republican free-market ticket”, August 2) makes a good point in arguing that the emerging Trumpist Republicanism is akin to the European centre-right position in its acceptance of the status quo as concerns the role of the state in the economy. By and large, the welfare state is to be preserved, or at most tweaked. But Mr Ganesh fails to recognise a major difference: European centre-right programmes also tend to stress fiscal coherence and responsibility, eschewing large and growing fiscal deficits. Not so for Trumpist Republicanism, by all accounts!
This, of course, is a trademark of populism: incoherent promises and policies on both the expenditure and revenue sides of the budget that, if implemented, can only lead to a fiscal crisis in the medium to long term.
Chapel Hill, NC, US
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