Chaos, tariffs, and nervous consumers
On the campaign trail last fall, President Donald Trump promised a “new era of soaring income, skyrocketing wealth, millions and millions of new jobs, and a booming middle class. We are going to boom like we’ve never boomed before.” On Fox News this weekend, he promised a “period of transition.” He added: “It takes a little time. But I think it should be great for us. I mean, I think it should be great.” When the host asked, “Are you expecting a recession this year?” he didn’t say no.
