PhotoTo listen to Donald Trump describe the American economy is to hear about a horrifying alternate reality in which the recession that started at the end of 2007 is still with us. The recovery that began in the middle of 2009, though not perfect, has steadily created jobs and lifted wages. The 4.9 percent unemployment rate is half of what it was in the depths of the recession in 2009. Hillary Clinton would increase investments in infrastructure, help lower the burden of student loans and expand access to affordable health care. Mr. Trump’s main policy idea is to cut taxes for the wealthy, a reprise of the old trickle-down economics that has consistently failed.

Source: New York Times November 05, 2016 02:00 UTC