I think Trump, with his business viewpoint, is going to challenge a lot of conventional wisdom, as he already has with his campaign. A cheque writing democrat for most of the previous decade he knows how the system works.
Just looking at the big ticket policies, protectionism in the economy is traditionally a policy of the left, so too immigration. He's always been in favour of state provided health care which marks him away from the right and all aboard the gay train, also typical of the left.
Indeed his message was aimed squarely at Blue collar America which is undeniably the demographic that leftist politicians seek. So too his speeches which vilify the banks, corporate greed and corruption.
Of course some of his policies are clearly right wing, cutting taxes and regulation, increasing the size of the military.
On the latter though he hasn't made his thoughts clear, though he pretty much has in his previous writings. He is very much against what he calls the prestige projects, over complicated and ferociously expensive, in particular the f35 which is the most expensive military program in history.
So I wonder whether he really will increase military spending, I'm not sure he has ever explicitly stated an increase in funds.
You see when he gets into the white house I'm not sure he's going to like what he sees. The US military budget is huge though people rarely analyse where the money actually goes.
Merely looking at the amount spent on overseas military bases, there are over one hundred US installations in Germany alone, I'd be surprised if the total wasn't well North of $100 billion annually. Maybe double that.
Of course these arent just costs, these are also subsidies to the host nations who supply the bases with everything from food to labour and benefit from the dollars spent locally.
There are so many US troops abroad that it wouldn't surprise me if the exchanging of dollars to local currency wasn't enough to have a small deflationary effect.
Which we know is the opposite of his aims.
Viewed through a businessman's eyes such largesse which has been the unchanged status quo since the end of the second world war just does not make sense. Unless of course they pay for it directly, which wouldn't surprise me at all.
Trump is notoriously tight, as I suspect Europe is about to find out.