The Donald Trump tax cut, mainly for the rich, is sending ripples through the economy, creating billions of dollars in hidden costs that will come out of the pockets of millions of consumers and businesses over the next decade....
Donald Trump has one thing going for him amid all his troubles, he inherited President Obama’s fairly robust economy. He’s boasted about both the stock market and the latest jobs report, claiming credit for both. But a number of significant signals point to a recession later this year, possibly as early as the second quarter. The evidence has been mounting for sometime now, despite the stock market’s historic run up . The latest data, released today does nothing to dim the prospects of a downturn....
