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The chutzpah of Trump blaming the Fed for the economy's weakness is really amazing 1/ nytimes.com/2019/09/11/bus…
For one thing, the administration's rosy projections just a year ago envisioned interest rates substantially *higher* than what we actually have 2/ whitehouse.gov/wp-content/upl… 
For another, Republicans lambasted the Fed for its easy-money policies when unemployment was still 9, that's right, 9 percent 3/ nytimes.com/2011/02/10/bus…
The basic story here is that the Trump tax cut was a damp squib, and the Trump trade war is turning out to be a strongly depressing force; but rather than acknowledge these failures, Trump is both blaming someone else and demanding that they rescue his efforts 4/
The thing is, the market has already priced in Fed cuts, with long-term rates near record lows. If this isn't enough to rescue the Trump economy, unlikely that any further Fed action will 5/
So what's the actual plan? My guess is that when bad numbers come in, Trump will cross them out and write in better numbers with a Sharpie — and/or try to pressure the statistical agencies into faking the data 7/
