Barry Ritholtz, Columnist

Trump’s Misplaced Priorities Imperil His Economic Agenda

Tax cuts? Slipping away. Corporate tax reform? In jeopardy. Infrastructure spending? Uh huh.

Not much reason to smile.

Photographer: Justin Sullivan/Getty Images
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Let’s begin by stating the obvious: My priorities are different than yours or Paul Ryan’s or the president’s. We all have a different agenda, motivated by different issues. Sometimes finance dominates our wish list; other times it’s family. We are motivated by self-interest, by philosophical or ideological goals, and a wealth of other factors.

Readers of this column are a self-selected group. If you are reading this, you very likely have capital at risk in a variety of investments. You are more likely to have higher-than-average levels of education, income and professional standing. Which leads me to this claim: President Donald Trump is on the verge of endangering what for readers is the most significant aspect of his entire agenda -- a once-in-a-generation opportunity to accomplish tax reform. It is an issue of great significance with lasting repercussions.