Donald Trump on Wednesday wrapped up Day 101 of his second term by declaring the economy in “good shape,” but congressional Democrats have warned the president’s policies are causing “negative” ripple waves that could sink the economy.
“We finally have a president who wants to put our country first,” Trump said at a White House event with business leaders. “The private sector really starting heating up after the election. … Every new investment, every new factory and every new job created is a sign of strength in the American economy and a declaration of confidence in America’s future.
“The entire Trump economic agenda is about making it easier to do business in America, to create jobs in America, to hire American workers, and to build your factories here in America — not in China or any other country. And we’re dealing with many, many countries right now,” he added in his late-afternoon remarks. “So expensing one year, you take a [tax] deduction one year so you can build your factories right now, essentially almost tax free. If you think about it, nobody’s ever been given that.”
