Donald Trump has been calling for the Fed to cut rates to bolster the economy, and yesterday, they announced they would. The bad news is that’s because the economy is going to need a lot more bolstering.

Guest: Justin Wolfers, economist and professor at the University of Michigan

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Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther.

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What Next | Trump’s Getting His Economy. Yikes.