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New Threats Emerge for Trump’s Economy

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“The guardrails that protected the U.S. economy from President Donald Trump’s policy jolts are wearing thin,” Politico reports.

“New economic reports show inflation is ticking higher, prompting the Federal Reserve on Wednesday to keep interest rates steady. Hiring has stagnated, wage growth has fallen, and market-based interest rates are climbing amid concern over rising prices, sending mortgage rates up. And with oil now topping $100 a barrel — with no end in sight for the Iran conflict — Trump’s economy only has a thin cushion to rely on if the war in the Middle East starts to rock the economy.”

About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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