There are no winners in Trump’s economy, only non-losers and big losers who are getting clearer by the day

President Donald Trump (C), flanked by first lady Melania Trump (L), delivers remarks before dinner with Indian Prime Minister Narendra Modi at the White House June 26, 2017 in Washington, DC. Trump and Modi met earlier today in the Oval Office to discuss a range of bilateral issues. Win McNamee/Getty Images

Looking back, it seems almost quaint that this was ever even a question.

But by now, almost halfway through Donald Trump’s first term in office, it’s clear who lost the war for control of his economic agenda.

It’s his base. They lost. Maybe they don’t know it yet, but it’s over for them now.

Conversely, big business — huge business — should be feeling good right about now (not great, but definitely good).

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