More than 1,100 US economists signed a letter sent to President Donald Trump and to Congress on Thursday (May 3), urging them to avoid repeating the mistakes that worsened the Depression in the 1930s. The economic advisors to two Republican and two Democratic presidents and 15 Nobel laureates were among those urging the administration to fend off "a host of new protectionist activity, including threats to withdraw from trade agreements, misguided calls for new tariffs in response to trade imbalances, and the imposition of tariffs." The letter, from the National Taxpayers Union, which advocates for tax reform and ... (full story)