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Trump Bets His Reelection on the Fed and Fear of Immigrants

And it might work.

As he looks ahead to his reelection campaign, President Trump isn’t behaving anything like his predecessors did. (Shocker, I know.) Mindful that they’d soon face voters again, recent presidents spent their third year in office seeking to rack up legislative accomplishments. George W. Bush signed a major tax cut. Barack Obama tried, but failed, to pass a “grand bargain” to cut the deficit. 

Trump hasn’t made even a pretense of pursuing legislation or tacking toward the political center. Over the last two weeks, he’s signaled he’ll instead pursue a different sort of reelection strategy that lets him act unilaterally, one built around the twin pillars of easy money and tough crackdowns on immigrants.