IMO: Amateur hour at the GOP debate, on both the candidate and moderator side.
Didn't watch the debate, but skimmed the transcripts. Surely someone presidential is able to focus the debate on Big Problems rather than trivialities. Investors and others now hold the opinion that the American president + Congress is simply unable to meaningfully govern or solve real problems, at a time when there really are rather large structural problems.
I saw scant recognition of any of this.