'Unfathomable': Aghast economist backtracks support for Trump after 'rank incompetence'

'Unfathomable': Aghast economist backtracks support for Trump after 'rank incompetence'

Conservative economist Michael Strain, who was initially optimistic about the prospects of President Donald Trump's second term, has now found himself aghast at what he sees as the president's remarkable economic mismanagement.In his latest column posted at Project Syndicate, Strain argues that in p...

Presidents usually do everything they can to avoid recessions, so much so that they avoid even uttering the word. But in recent weeks, President Trump and his advisors have offered a very different message. Yes, they have said that a recession is possible. Perhaps it would not even be so serious. Howard Lutnick, Trade Secretary, has stated that Trump's policies "worth it" even if they cause a recession. Scott Bessent, Secretary of the Treasury, …