As you doubtless would expect, I disagree with the article. Doing nothing is better than screwing up. The Economist seems to think that if he gets out of the hole, he'll somehow do good things. The reason he is in the hole is that he does bad things.
If he works on tax reform or infrastructure, he's going to make it worse. Better to wait for a change of Congress and see if working with Democrats for a few years will make him change course.