Despite recessions, wars, financial crises, and political upheaval, the U.S. economy has maintained its reputation as the safest place in the world for investors looking to invest money and for entrepreneurs wanting to build their businesses.
This has given the United States an almost incalculable economic advantage, allowing it to borrow cheaper, grow faster, and emerge from downturns more successfully than almost any of the world-renowned countries.
President Trump may be gradually losing this advantage.
In recent weeks, Mr. Trump fired the head of the Bureau of Labor Statistics when her agency reported weak job growth and attempted to oust officials from the Federal Reserve who refused to lower interest rates. He and his aides have used the powers of the federal government to pursue — and possibly prosecute — alleged enemies, including those in the Fed, as well as to pressure companies regarding their business decisions.