3.11.2017

The Economy is Complicated Too.

A good post from a conservative economist.

What the President Could Learn From Professional Economists

Trump supporters need to know this...(from the link above)
The overall economy is in reasonably good shape. Mr. Trump likes to say that he “inherited a mess.” That was true for President George W. Bush, who came into office in the aftermath of the dot-com bust. And it was especially true for President Barack Obama, who was elected in the midst of a financial crisis. 
But that is not at all true today. The unemployment rate is about 5 percent, close to what many economists consider sustainable in the long run. And inflation is close to the Federal Reserve’s target of 2 percent. Those are real facts, not alternative ones.

A lot of things are complicated to Mr Trump.

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