"TRUMP'S ECONOMY: WHEN PROMISES MEET REALITY!"
Trump took the reins of a healthy economy and has spent the last two months driving it off a cliff.
If listening to most of the pundit’s bullshit on television makes you want to pull your hair out of your head, you’re not alone. Charts, diagrams, bar graphs are shown that offer no real, clear insight into the economy and what’s going on. So, I’ll do it. Here’s the brutal truth; Trump walked into the White House in 2025 with a gift from Biden: an economy that was on the upswing, with 3.6% unemployment, steady growth, and inflation dropping to 3.0%. But don’t expect him to thank Biden for it. No, Trump took that solid foundation and, in less than 60 days, managed to turn it into a dumpster fire. Tariffs, trade wars, and a complete lack of clear direction have sent the markets tumbling and uncertainty soaring. Trump had a chance to keep the economy humming, but instead, he’s done what he does best; make everything chaotic. So, when he starts spouting off about “making America great again,” remember, he’s not fixing anything; he’s wrecking it all over again.
Let’s start with the facts. Under Biden, we had one of the lowest unemployment rates this country has ever seen; 3.6%, the kind of number you don’t just pull out of your ass. That’s the kind of result you get from actual work, not empty promises. Biden inherited an economy wrecked by a global pandemic, but by January 2025, he had the country back on its feet, solidly. Inflation had crept up after the pandemic but had come down to 3.0%, which was still a hell of a lot better than the 9% we saw just a year prior. Growth? Real GDP grew 2.3% in Q4 2024. So yeah, things weren’t perfect, not by a long shot, but we were headed in the right direction.
But here’s the thing; the economy was recovering, steadily and surely. And when Biden left office, it was clear; the country was on track. He didn’t work miracles, but under his watch, the economy was better off than it was when he came in. That’s the hard truth, no matter how much Fox News and Republicans want to deny it.
Now, fast-forward to Trump’s first 60 days back in office. The guy took the reins of a healthy economy and has spent the last two months driving it off a cliff. But let’s be honest; he’s been doing this since day one, and the fact that anyone thought this would be different is beyond me. His first move? Trade wars and tariffs. Because nothing says “I know what I’m doing” like pissing off China, Canada, and Mexico and driving the price of everything through the roof. When you slap tariffs on goods, guess who ends up paying the price? It’s you and me, the consumers, and businesses that have to raise their prices just to stay afloat. So, yeah, prices are up, and the people who voted for Trump are the ones getting burned. That’s right MAGA, I’m talking to you…you’re paying higher price for everything!
And let’s not forget the stock market. Since Trump got back into office, the S&P 500 has lost 4,000 points. I’m sorry, but there’s no way to spin that as a good thing. That’s a disaster. And that doesn’t even take into account the volatility, the fear, and the uncertainty that’s now gripping every investor, business owner, and damn near every person with a 401k. No one knows what’s coming next, and that’s a direct result of Trump’s erratic behavior and the mess he’s created with his so-called policies.
And while all this is going on, the Federal Reserve is walking a tightrope. Inflation is projected to hover around 2.7% by the end of 2025, but let’s be real; that’s only if the Fed can keep things from completely falling apart. Interest rates are currently at 4.25% to 4.50%, and the only reason the Fed hadn’t dropped them yesterday is because they know the economy’s on a knife’s edge. If they cut rates too soon, they risk igniting inflation again. But if they don’t, well, they’ll have to watch as Trump’s mess continues to spiral out of control.
The Fed is basically stuck trying to clean up a mess that this administration has no clue how to fix. And that mess? It’s getting bigger every day.
Let’s take a second to remember what Trump promised during the 2024 campaign. The guy was out there telling anyone who would listen that he was going to bring back jobs, cut taxes, reduce your cost of gasoline and groceries and make the economy great again. Well, here’s the reality; tariffs are hurting everyone; including the very people Trump promised to help. Businesses are scared to invest, and the stock market’s tanking. The only thing Trump’s "economic genius" has delivered on is a steady decline in confidence, and, that’s not exactly the "boom" he sold to the 77 million Americans who voted for him.
You want proof of how bad it’s gotten? Take a look at the numbers. The stock market isn’t just volatile, it’s on a downward spiral. The S&P 500 lost 4,000 points in the first two months of his second term. That’s not just a bad 2 months; it’s an economic meltdown in the making. And that’s not even counting the rising inflation, the stagnant wages, job loss due to DOGE cuts and the mounting debt.
Here’s the ugly truth: Trump didn’t inherit a broken economy. He inherited a recovery; a country on the mend, led by an administration that was putting the pieces back together. What did Trump do with it? He ran it into the ground. And now, 60 days into his second term, the economy is stumbling, the markets are tanking, and inflation’s still looming over us. If you thought Trump was going to fix anything, think again. The economy isn’t "great again"; it’s in freefall, and there’s no sign of a parachute.
So let me be clear: the economy under Trump is a disaster. And when history looks back, it’ll show that Trump didn’t "win" the economy. He just destroyed it.
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Spot on, Michael. The markets and CEOs everywhere hate uncertainty and their natural response is to pull back on investing. They accumulate cash instead. As a former CEO, I knew that my primary job was to manage risk while trying to drive growth. Risk corrodes the results obtainable by sensible executive decision making. DJT is an uncertainty engine. And uncertainty compounds like a carnival roller coaster with failing brakes. It is a hard-wired human instinct. In an age of near instantaneous communication, this fear washes down to consumers rapidly. That best describes our current situation. Layer on top of this the pending effects of mass government layoffs and downsizing by federal contractors. Given the months-long lag in data reporting, this won't show up until May/June. Then look out. This is why Powell is holding back on further rate cuts, because he needs to warehouse those cuts to deal with the mounting risk. Inevitably, this will prompt DJT/Doge to go after the Fed to artificially lubricate the economy with aggressive rate cuts. They will attempt to bend the Fed to their will. And how do you suppose the financial markets will react to that!
And Trump, Musk, and Vought are placating people by telling them it's a "little disruption" and temporary hardship but then everybody is going to be wealthier than ever before. The lies and the media lying to prop up the lies is all Trump's gullible base is hearing. They don't listen to the Fed, understand what tariffs even are, or pay attention to actual policy. If they did, we wouldn't be here.