By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Economist John Williams says President Trump has to do something fast and big to turn the faltering U.S. economy around. Williams explains, “You are seeing the economy slow down. Some people are recognizing that. The Fed’s statement a week or two ago . . . many analysts consider that dovish. The Fed knows what’s going on here. They are trying to get rates up a little, but they have a circumstance that they are not out of the woods with the banks. What they are hoping for is maybe the Trump Administration is going to bail them out and stimulate the economy.”
Williams says “The banks are still not healthy. . . . The Fed is still fighting the battle it effectively lost in 2008. Mr. Trump has several problems. One is the economy. One is the long term budget deficit, and the