"Trump's Controversial Wish: An Economic Crash for Political Gain"

1 min read
Source: CNN
"Trump's Controversial Wish: An Economic Crash for Political Gain"
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TL;DR Summary

Former President Donald Trump expressed hope for an economic crash within the next year, before a potential second term, to avoid being likened to Herbert Hoover. Despite Trump's criticism of President Joe Biden's economic policies, the US economy has shown resilience, with a strong labor market and stock market gains in the past year. Treasury Secretary Janet Yellen defended the economy's strength, citing the absence of a predicted recession and the market's ability to overcome various challenges.

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