Donald Trump’s so-called “big, beautiful bill”, which will eviscerate the living standards, healthcare and aspirations of his white, working-class base, conclusively draws the curtain down on his Maga populist conceit, the most elaborate charade in recent American political history.

The price will be staggering: $1tn in cuts to Medicaid; throwing 17 million people off health coverage closing rural hospitals and women’s health clinics; battering food assistance for families, children and veterans; the virtual destruction of US solar and wind energy manufacturing; limiting access to financial aid for college; and, according to the Yale Budget Lab, adding $3tn to the national debt over the next decade, inexorably leading to raised interest rates, which will depress the housing market. These are the harsh, brutal and undeniable realities of Trumpism in the glare of day as opposed to his carnival act about how he will never touch such benefits.

The president’s Maga populism has been a collection of oddities reminiscent of PT Barnum’s museum on lower Broadway before the civil war that exhibited a 10ft tall fake petrified man, the original bearded lady and the Fiji mermaid, the tail of a large fish sewn on to a bewigged mannequin. Trump attached plutocracy to populism to construct the Maga beast. But after the passage of the bill, the Fiji mermaid that is Maga has come apart at the seams, the head separated from the tail.

“I just want you to know,” Trump said as he signed the bill, “if you see anything negative put out by Democrats, it’s all a con job.” He claimed the law was the “single most popular bill ever signed”. It is, in fact, the most unpopular piece of legislation since George W Bush proposed partial privatization of social security, which he abandoned without a single congressional vote. A Quinnipiac poll showed 53% opposing Trump’s bill, with only 27% support – 26 points underwater.

At a meeting where Trump lobbied Republican House members to vote for his bill, he told them it would not cut Medicaid because that would damage their electoral prospects. “But we’re touching Medicaid in this bill,” one Republican member complained to the publication Notus. In response to the obvious contradiction, a White House spokesperson issued a statement that the bill would “protect Medicaid”. Problem solved.

Even if Trump didn’t actually know what was in his bill, too bored to pay attention to minute details or even if he was pulling a con, he coerced the........

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