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Measuring Trump 2.0 Against Trump 1.0: Tariff Boasts Meet the Data
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Measuring Trump 2.0 Against Trump 1.0: Tariff Boasts Meet the Data
In his State of the Union address earlier this year, President Trump boasted that “one of the primary reasons for our country’s stunning economic turnaround, the biggest in history, where the Dow Jones broke 50,000, four years ahead of schedule, and the S&P hit 7000 where it wasn’t supposed to do it for many years, were tariffs.” The facts tell a different story. First, because there is no schedule for stock-market gains, it is meaningless to sa…
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