President Trump says a recession isn’t possible because everyone is rich
“I don’t see a recession,” he continued. “I mean, the world is in a recession right now. Although, that’s too big a statement.”load consumers up with money. Despite what Trump promised prior to the tax cut’s passage, the bill did not result in soaring wages for workers, the deficit has skyrocketed, and the primary beneficiaries have been corporations and the wealthiest Americans.
On Thursday, for example, Trump accused the media of deliberately precipitating an economic apocalypse in order to run him out of office. “The Fake News Media is doing everything they can to crash the economy because they think that will be bad for me and my re-election,” he wrote on Twitter.
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