The hand from a statue of George Washington, overlooking the New York Stock Exchange, is seen in New York on February 16. US President Donald Trump is determined to give businesses a break. Yet, Commerce Department statistics show that corporate earnings remain strong. Photo: AFP

Trump is wrong: corporate tax cuts aren’t the best way to boost the US economy

Stephen Roach says national income statistics show the weak link of the economic chain isn’t US businesses, which remain highly competitive globally, but vulnerable American workers, which accounts for weak consumer demand

Topic |   Donald Trump

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The hand from a statue of George Washington, overlooking the New York Stock Exchange, is seen in New York on February 16. US President Donald Trump is determined to give businesses a break. Yet, Commerce Department statistics show that corporate earnings remain strong. Photo: AFP
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