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American Plight: Our Economy in Freefall as Trump Bails Out Argentina’s Chainsaw President

American Plight: Our Economy in Freefall as Trump Bails Out Argentina’s Chainsaw President

The United States is confronting an unprecedented wave of sociopolitical turmoil as the federal government grinds to a halt. More than 700,000 civil servants remain deprived of remuneration, and even the dissemination of inflation and unemployment data has been suspended. Now entering its fourth week, the federal shutdown is already impinging upon growth; economists caution that it could erode between 0.1 and 0.2 percent of real GDP each week—a trajectory that threatens the world’s second-largest economy and confirms the fact that our economy in freefall is no longer a metaphor but an incontrovertible reality. Has the U.S. Army Become Reliant…
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