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6/22/20

USA: Mismanaging the US Economy: How Trump Defeats Himself - by George R. Tyler

Whatever Donald Trump’s grievous failings on fact-based, empathetic leadership or his various failures on managing the coronavirus pandemic and displaying compelling leadership by mitigating racial division, it is another lost opportunity that is the only one that is truly surprising.

Trump’s failure to craft an effective economic response to the COVID 19 pandemic is extremely short-sighted for a politician who is otherwise so focused on the importance of a solid economic performance.

Trump and his Senate allies blocked food stamps and rejected adequate income support for U.S. households.

According to the Hamilton Institute, government assistance is currently replacing only about half of salaries and wages lost to COVID 19.

The U.S. Census Bureau has found that 48% of households suffered income losses since mid-March and 33% expect lost work to reduce incomes in the month ahead.

 Read more at:
Mismanaging the US Economy: How Trump Defeats Himself - The Globalist

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