OBAMA LITE:

A more likely outcome to the Trump Show is probably something far more prosaic. Maybe we'll look back on his presidency not as a dystopian nightmare, but instead as a total and complete waste of our valuable time.

I don't just mean the way President Trump triggers outrage after emotion-draining outrage with his Twitter account. The larger time-waster is this: Trumpism is built around unworkable solutions in search of actual problems. And the opening weeks of his administration suggest President Trump has no better grip on the real-world challenges facing America than candidate Trump did.

His immigration ban is perhaps the most obvious example. Banning tourists, immigrants, and refugees from some Muslim countries from entering the United States addresses what pressing issue, exactly? Refugees already undergo extreme vetting. And you have a much greater chance of getting killed by lightning strike than refugee terror attacks. This overhyped policy is a total waste of time.

Then there's his core of Trumponomics: risking a global trade war to "bring back" manufacturing jobs long lost to automation, not offshoring. Waste of time.

Or how about building his expensive megawall -- even though the undocumented immigrant population has stabilized, and maybe 40 percent or so are visa overstays, not border-crossers? Waste of time.

A wonkier Trump policy distraction, one shared by many congressional Republicans, is to repeal and replace the Dodd-Frank financial reform law. Opponents claim it is supposedly suffocating business lending and thus economic growth. After signing an executive order to review the law last week, Trump told reporters how "so many people, friends of mine, with nice businesses, they can't borrow money, because the banks just won't let them borrow because of the rules and regulations and Dodd-Frank."

Anecdotes aren't data, something Trump's economic council could tell him if he had one. Commercial lending has been expanding three times as fast as the economy since 2013. And during an analyst conference call last month, Bloomberg noted, a top JPMorgan executive described loan growth as "robust." Another waste of time.

Of course with these time wasters come massive opportunity costs.

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