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.
Don’t forget, when politicians talk about “the economy” the average American isn’t even an afterthought.
That’s why Dems kept insisting the economy was doing great, the rich got a lot more wealth over the last four years, but wealth is finite, them getting more means less for everyone else
https://www.americanprogress.org/article/americans-wages-are-higher-than-they-have-ever-been-and-employment-is-near-its-all-time-high/
Not that it matters anymore, but the last four years were highly unusual in that income inequality actually went down. That basically never happens in American politics, and it was a result of deliberate and specific policies to help working people, which also basically never happens.
There’s a little bit of a mislead in that “higher than they’ve ever been” statement. There were times when unions were strong when the situation for working people was clearly better than it is now. But as far as I can tell, the historic high average is actually true right now, stemming from a combination of high-end wages dragging the average up on a scale of decades, and then also Biden’s policies pulling things up at the bottom end for the last few years.