X

Trump Says He’s Exploring ‘Various Tax Reductions,’ and the Economic Data He Loves Shows Why

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.

Data and Research Manager: