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.
“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.