The President's Win Streak

President Trump continues his win streak. On Thursday Congress passed his signature piece of economic legislation, which should catalyze significant economic growth, fix Biden's immigration mess, and strengthen the military. Plus, it avoids a massive tax increase which would've otherwise kicked in this year.

Jim Geraghty has more on Mr. Trump's week at National Review:

I haven’t loved every detail of how Trump has treated NATO, but there’s no getting around the fact that the recent announcement that (almost) every member of the alliance is going to get military spending up to 5 percent of GDP represents A) a giant win for American interests, B) a major deterrent to further Russian military aggression on the European continent, and C) a stronger alliance in the years to come.

Trump has strong-armed our NATO allies into becoming stronger and more unified by making it clear that if our European allies and Canada didn’t pull their weight, he wasn’t interested in remaining in the alliance. We may not always like the methods, but it’s difficult to argue with the results.

[S]ince Trump took office, U.S. Immigration and Customs Enforcement has arrested more than 38,000 illegal immigrants with criminal convictions and 2,711 alleged multinational gang members. As of the end of April, about 65,682 illegal immigrants have been removed from the country, with 1,329 accused or convicted of sex offenses, 498 accused or convicted of murder, 9,639 accused of assaults, 6,398 accused or convicted of DWIs or DUIs, and 1,479 accused or convicted of weapon offenses.

It's not clear how many illegals have self-deported but the New York Post published an estimate of close to one million. The article also estimated that there are about 15.4 illegals in the country, most of whom entered during the Biden/Mayorkis open border era.

Geraghty continues:

Since January, the Trump administration has also “destroyed” any inflation rate above 3 percent. The traditional midsummer spike in gas prices is, if not destroyed, then significantly mitigated compared to recent years.

After a calamitous stretch in spring, the stock markets have rebounded. The day Trump took office, the Dow Jones Industrial Average closed at 43,487.83, the tech-heavy Nasdaq Composite closed at 19,630.20, and the S&P 500 closed at 5,996.66. Last night, the DJIA closed at 44,484.42, the Nasdaq closed at 20,393.13, and the S&P 500 closed at 6,227.42 — record highs for the latter two. Compared to January 20, that’s modest growth; compared to the low points of spring, that’s a phenomenal comeback.

There's much more that the White House can point to with satisfaction from the week just ending. Inter alia, Trump seems to have gained the support of the Qataris in settling the war in Gaza, antisemitic universities are on defense, job numbers are up, and Democrats are reduced to nominating communists to run for office.

Not a bad week for the president.