The head of the US office of government ethics resigned last year, and subsequently described the Trump administration in terms of a ‘kleptocracy’. Another manifestation of kleptocracy but also a very peculiar macroeconomic policy experiment: borrow trillions of dollars to stimulate a fully employed economy. Exactly the same forces that drove the election of Trump also prompted a small majority of UK voters to vote for Brexit. That Frum explanation of why voters went for Trump is also a good explanation of Brexit. When – if – she does decide on Brexit it is hard to see how the Tory party can avoid a split.

Source: The Irish Times February 11, 2018 14:48 UTC