Monday, May 08, 2017

OPINION_ The debt-bubble landmine Obama left for Trump

NEW YORK POST

OPINION

The debt-bubble landmine Obama left for Trump

By Nicole Gelinas


May 7, 2017 | 7:06pm



EPA


President Trump came in for much jeering when he told reporters he had “inherited a mess” from President Barack Obama. On the economy, though, Obama did indeed leave behind a hidden mess: a seemingly healthy jobs market dependent on cheap debt.

When this debt bubble bursts, just as the last one did, the manufacturing jobs Trump wants to save will be in even greater peril.

READ MORE: http://nypost.com/2017/05/07/the-debt-bubble-landmine-obama-left-for-trump/



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09052017

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