U.S. Posts The Biggest Monthly Budget Deficit In American History

Trump's economics model is not working. It is predicated on more production and larger factories. This condition is supposed to increase GDP and wages. The tariffs have somewhat hurt this model as corporations face uncertainty of eating the extra costs or selling products at a higher price. Many of the corporations are holding tax cut money close to their vest through stock buy backs.

Agriculture is an industry that is very much in trouble. The tariffs have made other countries' products cheaper to buy. The demand for storage has gone up do to an over supply, and the flooding is not helping. Farm bankruptcies has increase 20% and many farms who were owned for several generations will not survive these economic conditions.

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