I said it in 2010 when Obama proposed Social Security tax cuts and I will say it now. This is a really bad idea.

Several senior White House officials have begun discussing whether to push for a temporary payroll tax cut as a way to arrest an economic slowdown, three people familiar with the discussions said, revealing growing concerns about the economy among President Trump’s top economic aides.
...
Their panicking and flailing is palpable and adding more uncertainly to the economy and making a possible Trump recession more likely,” said Rep. Bill Pascrell Jr. (D-N.J.).

Obama did it! Wait, that seems like it would mean it would be all wrong.

Besides, on Monday the current President said and tweeted, " “We have the strongest economy, by far, in the world.”

What is wrong in Washington? Oh, right, I forgot the current President is running the government like one of his businesses. Destined to fail?