In the Trump economy, echoes of Hoover and Carter?
Even before he officially took the reins of office, Donald Trump has sought to use his presidency to rebuild hope in blue-collar America.
There were the jobs at the Carrier air-conditioning factory in Indianapolis that, as president-elect, he “saved” from going to Mexico; the huge Foxconn deal in southern Wisconsin – the “eighth wonder of the world,” President Trump called it – that would bring TV manufacturing back to the United States; and U.S. Steel’s $1.5 billion investment in southwestern Pennsylvania that would bring state-of-the-art steel casting back to U.S. shores.
They are shimmering symbols for the president’s vision for a once and now great again America – bright because of the rhetoric Mr. Trump employs, shimmering because the results are, at best, hazy. Has he really changed the economy – and in
Hoover, Carter ... and Trump?A shift on ChinaMillions of workers struggling