Some of the administration’s favorite data points are now flashing warning signs about investment, jobs and growth.
Last fall, administration officials displayed a series of charts that showed how President Trump’s economy was outperforming President Barack Obama’s.
But many of the indicators officials used to showcase a Trump-fueled economic “boom” have fizzled on the back of the president’s escalating trade fights.
On Tuesday, Mr. Trump confirmed that he was considering “various tax reductions,” including a payroll tax cut, to stimulate an economy that is beginning to slow.
View the complete August 20 article by Jim Tankersley on The New York Times website here.