Did the Fed give us Trump?

Sometimes it’s hard to know what old rules of politics still apply in the Age of Trump. But this one might: If you’re the presidential nominee of the incumbent party, you don’t want a lousy election-year economy. And it’s also one rule President Trump probably has no interest in breaking. He’s pushed for the U.S. economy to reopen as fast and fully as possible during the pandemic.

Four years ago, roles were reversed. Trump was the challenger during a time of economic weakness, while Hillary Clinton was the nominee of the incumbent party. No, there wasn’t an all-out recession back then.


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