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Caroline Baum: Trump says economy is the 'greatest,’ Powell says it’s in a 'good place,’ but both are wrong


How can an economy be ‘good’ if it needs lots of help to keep it stable? President Donald Trump says he’s presiding over “the greatest economy in the history of the U.S.” Federal Reserve Chair Jerome Powell says the economy is “in a good place.” Who’s right? Neither, actually, although Trump’s assessment — sometimes supported by a

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Posted: October 10, 2019 Thursday 08:49 AM