Donald in Wonderland

Praise for the Trump economy gets curiouser and curiouser.

BY JOHN MILLER| September/October 2018

This article is from Dollars & Sense: Real World Economics, available at http://www.dollarsandsense.org


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This article is from the
November/December 2018 issue.

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Sources: Harriet Torrey and Rebecca Balhaus, “White House Corrects Trump’s Tweet on GDP, Unemployment,” Wall Street Journal, Sept. 10. 2018; Craig Torres, “Bernanke Says U.S. Economy Faces a ‘Wile E. Coyote’ Moment in 2020,” Bloomberg Businessweek, June 7, 2018; Wall Street Journal Economic Forecasting Survey; “Compensation Inequality: Evidence from the National Compensation Survey,” Monthly Labor Review, July 2015; “Employee Benefits in the United States—March 2018,” Bureau of Labor Statistics New Release, July 20, 2018; Áine Cain, “Here’s what Trump’s tax plan means for people at every income level from $20,000 to $269,000 a year,” Business Insider, Dec. 18, 2017; Michael Wursthorn, “Stock Buybacks Are Booming, but Share Prices Aren’t Budging,” Wall Street Journal, July 8, 2018; Luke Kawa, “Buyback Binge That’s Besting Capex Pays Off Big in U.S. Stocks,” Bloomberg Businessweek, September 17, 2018; Amrith Ramkumar, “Buyback ‘Blackout’ to Test U.S. Stock Market,” Wall Street Journal, Sept. 18, 2018.

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