Trump Isn’t Explaining His Economic Plans

“President Donald Trump acknowledges that his economic plan is causing short-term pain while the nation advances to a new ‘Golden Age.’ But administration officials have been much less clear about what that destination will look like — and how long it will take to get there,” the Washington Post reports.

“The president talks about reindustrializing the Midwest while his treasury secretary emphasizes weaning Americans from an unhealthy reliance on government spending. Trump’s commerce secretary is keen to balance the federal budget. His top White House economic adviser touts the virtues of tax cuts and ‘massive deregulation.’”

“Amid signs of investor unease, the Trump administration insists it aims to help Main Street, not Wall Street. But so far, the administration’s discordant chorus is not satisfying either one. The erratic pace and tone of Trump 2.0 is taking a toll on the stable economy the president inherited, denting growth prospects and leaving Americans more downbeat than they have been in years.”