The U.S. has many economists who look at the economy but can't decide what causes problems or what are the solutions. Thank goodness for a brilliant mind in our Office of the President.
President Trump made the rounds today explaining the economy to the dullards in the liberal press. He explained that the economy is doing so great people finally have money to spend and are enjoying themselves. This is happening, he explained, because of his tax cut.
He also explained there is always the possibility things will not be this good at election time next year. If economic conditions are bad next year that will be because the Federal Reserve did not lower the interest rate as much as he has been demanding.
This was all brilliant Economics 101: Economy good, President Trump. Economy bad, Federal Reserve.
You can bet economists across the country were writing all this down. You will see some changes in college economics courses this Fall.
https://www.motherjones.com/kevin-dr...huge-stimulus/