Donald Trump has been bragging about the economy a lot lately. He says the United States is now the “economic envy” of the world. Unfortunately, Trump is once again trying to reshape reality to fit his own delusions. Reality is refusing to cooperate.
It’s true the U.S. economy is in the fast lane, by some measures, just as it was in the final years of Barack Obama’s presidency. But where, exactly, is it headed?
And what will happen when the next blowout comes, as it inevitably will?