{"id":41366,"date":"2019-04-30T14:34:40","date_gmt":"2019-04-30T21:34:40","guid":{"rendered":"http:\/\/www.newscorpse.com\/ncWP\/?p=41366"},"modified":"2019-04-30T14:44:55","modified_gmt":"2019-04-30T21:44:55","slug":"trumps-pitiful-ignorance-of-fiscal-policy-is-driving-his-dangerous-assault-on-americas-economy","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=41366","title":{"rendered":"Trump’s Pitiful Ignorance of Fiscal Policy is Driving His Dangerous Assault on America’s Economy"},"content":{"rendered":"

The risks posed by the unprecedented incompetence of Donald Trump are more apparent with each passing day. He has damaged our nation’s relationships with decades-long allies, while cozying up to hostile enemies. He has maligned Americans in politics and the press as corrupt, dishonest, and even treasonous. His agenda is one of tearing down the accomplishments of his predecessors and replacing them with empty rhetoric or worse, policies that significantly harm the American people.<\/p>\n

\"Donald
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Trump was frighteningly unprepared for the presidency and he hasn’t bothered to study up for the job since assuming it. One of the areas where Trump has the least amount of knowledge is the economy. He has repeatedly demonstrated that he would not allow his stupidity to get in the way of his boneheaded initiatives. His notion that we should ignore the numbers and “feel”<\/em> the market<\/a><\/strong> is just as dumb as it sounds. And the tendency on his part to plow right ahead despite having no clue what he’s doing was evident in his tweets Tuesday morning:<\/p>\n

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China is adding great stimulus to its economy while at the same time keeping interest rates low. Our Federal Reserve has incessantly lifted interest rates, even though inflation is very low, and instituted a very big dose of quantitative tightening. We have the potential to go…<\/p>\n

— Donald J. Trump (@realDonaldTrump) April 30, 2019<\/a><\/p><\/blockquote>\n