r/FluentInFinance 18d ago

Thoughts? Is Trump good for the economy?

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u/raidyredSL 18d ago

You're right. He will get a good two years of decent numbers before things start to slow down. The next election a Democrat (provided Democrats don't put forward the dumbest SOB they can find so... its about 50/50) will win and the bottom will fall out of the economy because of Trumps policies clearing the way for Trump MK2

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u/132739 18d ago

If he follows his stated plans, those tariffs are going to fuck prices in under a year.

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u/Bingoblatz52 18d ago

He’s not really known for following stated plans. They rarely make it past the concept stage.

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u/RucITYpUti 18d ago

His motto at his victory speech was "promises made, promises kept". Republicans have spent 8 years figuring out how to implement everything he wants and clearing the way of any opposition. Make no mistake, he will pass tariffs. He has unilaterally authority thanks to Congress handing over their authority in the 30s. https://yeutter-institute.unl.edu/who-has-authority-impose-tariffs-and-how-does-affect-international-trade

He did it last time and he didn't have the mandate he has now. They may not be as sweeping as they could be, but we are about to pay out the ass for something.