Donald Trump is not supposed to save jobs one by one. He's supposed to build a sound macro economy in which private enterprises create jobs.

Venezuela has gone from being a democratic country 15 years ago to being totally not a democracy today. Usually that de-democratization doesn't take the form of a heavy handed police state.

The five million people who watch cable news are the political nation, the people who really care.

So little of what makes a democracy work is written down. So much of it is just the things you don't do. There are a lot of things that a prime minister or a president can do and they don't do them because it never occurs to them to do them.

Normally what happens in a new presidency is the president has a big agenda, and Congress is full of people with human weaknesses. And so the president indulges the human weaknesses of members of Congress in order to pass his agenda. This time it's the other way around. Donald Trump does not have much of an agenda. Congress burns with this intense Republican agenda and so does Congress that has to put up with the human weaknesses of the president in order to get a signature on the things it desperately wants to pass.

It's very important to understand that 21st century authoritarian rule does not look like 20th century authoritarian rule. You're not going to have people in parade ground formations. You're not going to have a police state. You're not going to people with decorative armbands bullying people on the sidewalks. And the leaders won't stand at microphones for hours ranting at people. All of that is so 80 years ago.

Events don't happen because I write a speech. I am allowed to write a speech because events are going to happen.