Donald Trump’s re-election campaign will be centered around claims that he has done great things for the economy. And let’s be honest: The U.S. economy is running pretty hot these days. and employment has been good, though not spectacular; the unemployment rate is near a historic low. And the story of how that happened has deeply disturbing implications for the future of U.S. politics. Let’s go back for a minute to early 2009, when the economy was imploding and desperately needed help in the form of deficit spending.

Source: New York Times February 06, 2020 22:52 UTC