'The risk that exists right now in the economy––in the global economy and the U.S. economy––lies squarely, squarely on Donald Trump's reckless, drunk driving approach to economic management.'
The economic adviser for former presidents Bill Clinton and Barack Obama described President Donald Trump on Wednesday as the"number one risk factor" for the economy and said that if Trump"simply did nothing, theSpeaking with MSNBC's Lawrence O'Donnell on Wednesday after U.S.
The president's attempt to restructure global trade relations, particularly focusing on the U.S.-China trade dynamic has infused the global economy with uncertainty. With the U.S. 10-year to 2-year bond yields inverting on Wednesday, global growth slowing and five of the world'seconomies veering toward recession, experts are offering dire warnings about a possible economic downturn.
Trump has claimed that his trade policies will benefit U.S. workers. But the shifting relations has caused uncertainty in global economies, stunting growth.
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