ECONOMY/OBAMA ADMIN/TRUMP AS PRESIDENT: “During Barack Obama’s presidency, uncertainty about U.S. economic policy was much higher than it had been during the previous 25 years, according to calculations by a trio of academic economists. You would think uncertainty would be low now, with economic expansion advanced and secure, the global economy on a stable footing, and a president in the White House focused on helping business by cutting regulation. But it isn’t. The researchers find economic policy uncertainty is slightly higher under President Donald Trump than it was during an Obama era marked by deep recession, auto bailouts, unconventional Federal Reserve interventions into the financial system and routine brinkmanship between Democrats and Republicans on fiscal policy.”
–Jon Hilsenrath, Under Trump, a Strong Economy but Murky Policy Outlook,” The Wall Street Journal, April 1, 2018 9:00am