Economic Genius

Electing a successful business person as president might make sense if the United States were a business.  Electing a scam artist who poses as a successful businessman was never a good idea. Still, a large block of voters bought into the Trump act on a reality TV show and concluded that despite much evidence to the contrary that Trump was a money making genius.  They bet he would somehow create an economic miracle that would bring back manufacturing jobs, reopen coal mines and stop US corporations from moving jobs to low cost foreign countries.  Here's the bill for that foolish decision.

The U.S. budget deficit tripled this year to $3.3 trillion, by far the highest ever. The U.S. economy shrank at a 31.7 percent annual rate in the second quarter, by far the worst ever. The trade deficit is at its highest level in 12 years. Consumer confidence is at its lowest level in six years. Unemployment claims, which had never topped 700,000 in a week before March, have topped 700,000 every week since March. Farm bankruptcies are rising, even though government payments to farmers are at an all-time high.