Tariffs Brought the Pain. Now Comes the Ask.
“The only real question now is whether President Trump has the humility to ask Congress for help before it’s too late.”
The last time the United States endured a recession without a Congressional bailout was in 1990.
That mild downturn—sparked by the Gulf War, oil shocks, and the S&L crisis—wasn’t greeted with trillion-dollar rescue packages. There were no stimulus checks. No emergency relief. The Federal Reserve lowered interest rates, and the country slowly climbed out.
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