Donald Trump shatters the Reagan consensus

From The Washington Post:

America has traditions that are ingrained. Every power ballad since 1973 is a direct descendant of “Free Bird.” Every summer blockbuster is a riff on “Jaws.” And every Republican presidential nominee since 1988 has run on an economic platform derived from Ronald Reagan.

Until tonight, when Donald Trump chews through the conservative economic consensus like a shark in the water.

Trump, according to remarks prepared for delivery, will only briefly nod to the pillars of the Reagan formula for opportunity and prosperity. He will spend five sentences on a tax-cut package that is presently being revised. He will promise to find places to cut in the federal budget. He will only once utter the word “freedom.”

The 2016 GOP nominee will focus most of his economic attention on two issues, both huge breaks from the free-markets, free-people creed of Reagan Republicans. He will pledge to crack down on immigration, including building a wall on the Mexican border. And he will promise, at great length, to torch America’s trade agreements and negotiate more favorable ones.

Trump will say his economic agenda starts with “a new, fair trade policy that protects our jobs and stands up to countries that cheat. It’s been a signature message of my campaign from day one, and it will be a signature feature of my presidency from the moment I take the oath of office.”

He will add: “I am going to bring our jobs back to Ohio and to America — and I am not going to let companies move to other countries, firing their employees along the way, without consequences.”

Contrast that idea — a president, telling American companies they cannot move production without “consequences” — to the economic principles Mitt Romney laid out accepting the …

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