Suits are displayed in the window of a store on Madison Avenue in New York on February 17. Rebalancing US growth towards investment and exports and tempering America’s consumer-driven economy is long overdue. Photo: Bloomberg
Opinion
Opinion
Macroscope
Trump’s policies are setting up the US economy for a fall, but would a Democratic president be any better?
- The Fed’s loose monetary setting is propping up a stock market rally and low job numbers cannot hide the middling GDP growth rate
- The US needs a policy correction, and Trump, who has overseen ballooning budget and trade deficits, is not the right person for the job
Suits are displayed in the window of a store on Madison Avenue in New York on February 17. Rebalancing US growth towards investment and exports and tempering America’s consumer-driven economy is long overdue. Photo: Bloomberg