Trump touts wealth boon for elites at Davos, drawing critics

At the World Economic Forum in Davos, President Trump boasted that his policies have made the rich even richer, telling CEOs they’re in great shape and praising a deregulatory/tax approach that has benefited business leaders; he even joked about a friend buying a plane for a tax deduction. The remarks come amid a arguedly “K-shaped” economy, with billionaire wealth rising while many Americans feel the economy is stagnant, highlighting perceived favoritism toward the wealthy and prompting criticism of the administration’s economic priorities.