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LETTER: Let’s not overdo it on Donald Trump and the economy

While I like Wayne Allyn Root, his pronouncement that President Donald Trump is a financial genius is nuts. The economy is doing well for two reasons. First, Mr. Trump established a business-friendly government. Second, and of greatest importance, the Federal Reserve is making cheap money available.

Cheap money encourages poor decisions. Consider the Regional Transportation Commission’s decision to go with a system of buses on Maryland Parkway rather than light-rail. Had free money been available, board members might have gone with the excitement and novelty of light-rail instead of the smarter, if mundane, choice of buses.

So no. Neither Mr. Root nor the president is a financial genius.

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