What a difference three months makes.
Since President Trump took office, economists have dramatically slashed estimates for growth while raising them for inflation and unemployment.
The main reason, according to respondents to The Wall Street Journal’s quarterly survey of economists: tariffs.
When the Journal last surveyed economists, from Jan. 10 to 14, they were unsure about many aspects of Trump’s policies, including tariffs, immigration restrictions and tax cuts. But they had to weigh that uncertainty against an economy that had consistently outperformed expectations.
The shift in economists’ outlook reflects that Trump is pushing his trade policies further than almost anyone imagined three months ago.
Leave it to the Felon in Chief. He has singlehandedly crashed, not only the US economy, but the World economy. The man is an economic wrecking ball. But who is surprised? He is the King of Business Failures. But he is not doing it alone. He is getting a lot of help from the jailbird, Navarro. Let these guys have 3 and 3/4 more years, and we all will be seeking help from the UN food relief.