President Donald Trump regularly and proudly takes credit for the US economy’s strong performance.
With rapid growth in the second quarter, the stock market strong, the unemployment rate back below 4 per cent and the midterm elections looming, his rhetoric and that of his supporters will probably escalate in the coming months.
In fact the approval the US president enjoys is boosted more by the strong economy, than the other way around. This conclusion will only be reinforced if Mr Trump’s current steps towards a trade war retard US economic performance, as is increasingly feared. A variety of observations are pertinent.
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