At the higher elevations of informed American opinion in the spring of 2018 the voices of reason stand united in their fear and loathing of Donald J. Trump, real estate mogul, reality TV star, 45th president of the United States. Their viewing with alarm is bipartisan and heartfelt, but the dumbfounded question, “How can such things be?” is well behind the times. Trump is undoubtedly a menace, but he isn’t a surprise. His smug and self-satisfied face is the face of the way things are and have been in Washington and Wall Street for the last quarter of a century.

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