A retired Ripon College economist says a series of executive orders issued by president Donald Trump last weekend will have little impact on the economy. The president signed the memorandum as negotiations between Democrats and Republicans on a new rescue package ground to a halt. Economist Paul Schoofs says while he’s not surprised the president decided to do something, but what he did won’t do much for the economy. Schoofs says one of the president’s actions, to pause the pay roll tax until the end of the yearis not a good move. “Not very smart, I’d rank it eighth or ninth on my list of priorities of things that could be helpful to the economy,” Schoofs told WFDL news.
