On the positive side, the unemployment rate dropped to 4.5 percent with more people returning to the job market. (Daron Taylor/The Washington Post)Trump is no more responsible for this jobs report than he was for the terrific numbers last month. Trump would do far better to stop crowing over temporary economic phenomena and relying on idiosyncratic action (strong-arming a few companies who planned to keep some jobs here anyway). He and Congress should be realistic about tax reform, pursuing attainable corporate tax reform that would remove loopholes and broaden the base while lowering the rate, thereby making the United States a more attractive place to invest and hire. Like most politicians, he has not thought seriously about the root of the lackluster economy — slow productivity gains.

Source: Washington Post April 07, 2017 17:04 UTC