The signs of health risks for the U.S. economy suddenly are everywhere. And President Trump’s prescriptions for prevention would actually be poison for the patient.
At a single time today, the Drudge Report featured four stories all pointing to different worrisome economic indicators, while the Wall Street Journal’s website was publishing a fifth. Trump’s quack medicines for the problems include significantly higher federal spending, significantly lower interest rates, and more aggressive trade wars. What’s needed instead is lower federal spending, steady interest rates, and a major relaxation in trade tensions.
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