bloomberg.com/opinion/articl…
1. The Tax Cut
2. The Trade War
But in the short-term, an analysis by the IMF found that the tax cut didn't boost business investment much if at all.
imf.org/en/Publication…
Another 2019 study, this one by the Congressional Research Service, also found little or no effect.
everycrsreport.com/files/20190522…
Maybe they'll have a long-term effect! Who knows!
But it appears they weren't responsible for sustaining the expansion of 2018-19.
bloomberg.com/opinion/articl…
econ.ucla.edu/pfajgelbaum/RT…
princeton.edu/~reddings/pape…
So economically, the Trade War was a complete failure.
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bloomberg.com/opinion/articl…