DAY 242: FED expects US economy to deteriorate with Trump in office

The American economy is expected to deteriorate with donald Trump in office, with higher inflation, more people unemployed and lower GDP growth according to numbers published by The Wall Street Journal.

Janet Yellen says short-term rate moves are the Fed's 'go-to tool' https://t.co/KjsPE89o38 pic.twitter.com/qiC24GtzQ3

— Wall Street Journal (@WSJ) September 20, 2017

Interest rates are also expected to go up, which would mean high home prices, and higher credit card payments.

It should be pointed out that the improvement of the US economy ends exactly a year after Barack Obama left office and it gets worse and worse with Trump in office.

And if Trump remains in office, the US economy is bound to get even worse.

So all of the economic improvement Trump has been bragging about in the past few months is actually a remnant of the Obama era policies. The REAL impact of Trump's policy in the US economy will be a deterioration of the main economic indicators.

Or to put it another way, the more Trump stays in office, the worse the US economy will get.