Inquiring minds want to know: have we reached Peak Trump? Most of the polls told us that Trump would cruise to victory in Iowa. Instead, Cruz did the cruising, not only precipitating the largest turnout in history (186,000 votes; the previous record was 122,000), but also achieving that record after frankly opposing ethanol subsidies, a fuel that (so the pundits told us) was absolutely indispensable to victory in the Hawkeye State.
Except that it wasn’t. Once upon a time, Trump had been opposed to ethanol subsidies, until political expediency convinced him to join the “I love ethanol” bandwagon. But then, Trump’s record has shown that he will say anything at any time to anyone if he thinks it will benefit him.
For his part, Rubio declared himself in favor of ethanol subsidies “for seven years” (that should hold ’em). The pandering of the Republican cohort over the issue of ethanol subsidies was nauseating (the Dems didn’t quite rise to that level of pandering), but Cruz was the only one who stuck to his free-market guns. The ethanol subsidy is a classic government boondoggle: bad for everyone and everything (even the environment, which it was supposed to help). It even hurts the farmers getting the government checks, because it lures them into a cycle of dependency and so robs them of their independence.
So what’s next? All the polls I’ve seen put Trump way ahead in New Hampshire, where the world will descend on February 9 to gape and ogle before decamping for points south until the cycle starts again in four years. But now that the game is really afoot, has Donald Trump peaked?