Chaos and back-stabbing have become the new norm
Based on publicly available betting data the main issue that’s attracted the interest of political punters in the past week has been whether or not Mr. Trump is going to survive as President to the end of a full term. The numbers are in the Betdata.io chart above and show that the UK betting markets rate his chances of remaining at 51%.
So far I’ve not been tempted by the Trump survival betting because I don’t like the betting options that are on offer. How many months that he serves as president would be a good spread market but, alas, the spread firms are far less imaginative than they were in the 1990s when Bill Clinton had all his troubles.
The President’s tumultuous week in which his main legislative objective of repealing ObamaCare failed is well described Peter Baker in the New York Times on the background to the latest White House staff moves.
“.The shake-up followed a week that saw the bombastic, with-me-or-against-me president defied as never before by Washington and its institutions, including Republicans in Congress, his own attorney general, the uniformed military leadership, police officers and even the Boy Scouts. No longer daunted by a president with a Twitter account that he uses like a Gatling gun, members of his own party made clear that they were increasingly willing to stand against him on issues like health care and Russia.
The setbacks came against the backdrop of a West Wing at war with itself, egged on by a president who thrives on conflict and chaos…”
At the moment the Republicans hold the White House, the House and the Senate a situation that might not survive the November 2018 mid-term elections. This should be the period when the Trump administration gets most done.