Are there other ways that the economy might rescue Trump? What about the 2017 tax cut, which Trump said would be “rocket fuel” for the economy? Well, by increasing the budget deficit, that cut probably gave the economy some stimulus, temporarily raising growth. But that effect is already fading out, and the economy would have been slowing down even without the extra drag created by the Trump shutdown. But wasn’t the tax cut supposed to increase long-run growth, by increasing business investment?

Source: New York Times January 21, 2019 23:12 UTC