Summary

Donald Trump is set to inherit a stable U.S. economy, but his actions have introduced uncertainty. Now he faces challenges including stubborn inflation and a potential government shutdown.

His actions, such as threatening tariffs and undermining bipartisan deals, have unsettled markets and raised concerns among voters and the Federal Reserve.

Trump’s economic agenda, including tax cuts and deregulation, faces skepticism and potential limitations due to a higher national debt and public dissatisfaction.

  • BombOmOm@lemmy.world
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    2 days ago

    The average American not feeling the economy doing well was one of the main reasons Biden/Harris was voted out. People didn’t want more of the same.

    • PhilipTheBucket@ponder.cat
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      2 days ago

      The average American was led and instructed to blame the pain they were feeling on Biden/Harris, and led to the conclusion that Trump would be a sensible solution. Neither of those had anything to do with reality, but they saw it on the news and social media, and lo and behold they bought it.

      That same average American who made that decision is about to lose their health care and experience a massive downturn to their economic situation, and all on purpose. You can blame the Democrats for being plutocrats who mostly don’t give a shit about working people, it’s true. But at least they weren’t deliberately trying to wreck things, and Biden for whatever reason was actually trying to help. Trump really wants to hurt people. They’re about to get a whole new chapter of “the same,” and they’ll have to be very lucky for it to be limited to economic devastation much worse than anything they experienced so far.

            • PhilipTheBucket@ponder.cat
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              2 days ago

              “Much worse” is understating it by quite a bit.

              And “more of the same” is also wrong, for that matter. It’s spilt milk at this point, but Biden reduced inequality by quite a lot, and raised low-income wages by quite a lot. Both of those are almost un heard of in American governance. All everyone remembers is that eggs cost more now, but that’s not all that’s been happening.