President Donald Trump has entered his second term with a bold agenda and unprecedentedly rapid action.
In the first month of his presidency, he signed 73 executive orders; he unleashed his Department of Government Efficiency, spearheaded by Elon Musk, to identify waste, fraud, and abuse across executive branch agencies; he deployed his foreign policy team to the Middle East to broker an agreement in Ukraine and press for the end of Hamas in Gaza; he freed Immigration and Customs Enforcement to target criminal illegal immigration, and Border Patrol to enforce our southern border. All of that is both good and popular.
But there is a threat haunting the second Trump term.
That threat is economic recession.
Former President Joe Biden left Trump with a shaky economy.
The inflation rate remains high, at 3%, and moving in the wrong direction; interest rates are already…