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Review & Outlook: Adam Smith’s Revenge
Trade damage takes the economy down to Obama growth levels. The great counterfactual of the Trump Presidency is how much faster the economy would be growing without the damage of his trade protectionism. Wednesday’s report of lackluster 1.9% growth in the third quarter shows again that you can’t escape Adam Smith’s revenge for indulging in
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Posted: October 30, 2019 Wednesday 06:50 PM