News & Politics

Trump's Christmas Eve Tweets Targets Those on His 'Naughty List'

United States President Donald J. Trump participates in NORAD Santa Tracker phone calls in the East Room of the White House in Washington, D.C on December 24, 2018. Credit: Olivier Douliery

Donald Trump let loose a series of tweets on Christmas Eve that show he has a very good idea about who’s been naughty and who’s been nice.

The president was handing out a lot of coal yesterday.

It’s interesting that the president claims “America is respected again” in one breath and complains with the next that other nations are taking “total advantage” of the U.S. Lots of coal for NATO and Japan.

I don’t know if piling on the Fed is such a good idea. The stock market lost more than 650 points yesterday, the largest drop on Christmas Eve in history.

But investors are more concerned about the chaos in Washington than about what the Fed is doing. While the economy remains strong and the employment picture is bright, skittish investors see the continued stalemate in D.C. as a threat to stability. In effect, the obstinacy of Trump and the Democrats in making a budget deal is doing more damage to the economy than the Fed with its rate hikes.

I don’t know if Trump is such a great Santa. He took some calls from children yesterday, in conjunction with the NORAD Santa tracking effort.

“Merry Christmas. How are you?” Trump asked one caller. “How old are you?…. Are you doing well in school? Are you still a believer in Santa?” The Hill reports: “After a short pause to hear the child’s response, the president then added: ‘Because at seven, it’s marginal, right?'”

The president will be in the White House over the holidays, waiting for Congress to get its act together on the budget.