‘He’s Actually Weakening the Economy’

“President Donald Trump is carving out his own brand of capitalism — launching extraordinary federal interventions in the economy through ownership stakes in private companies alongside sweeping tariffs, tax cuts and deregulation. But the way he’s using these tools isn’t really guided by a discernable economic strategy, according to one of the world’s experts on industrial policy,” Politico reports.

Mariana Mazzucato, an economist who has advised governments around the globe, said Trump’s policies, taken together, are more like “an idiosyncratic hodgepodge.”