Who is Donald Trump's election good for in terms of the economy? In his first term he lowered taxes for the rich which made him and other rich people richer while the debt grew by 7 trillion dollars due to lower tax revenue, He put up tariffs on imports which increased costs for consumers, He wanted to ban TikTok for outcompeting American companies like FaceBook and Twitter, He wants to ban electric cars from China because they are expected to outcompete American manufacturers due to quality and being more affordable. Donald Trump invests in property so he might want the prices of homes and rent to increase Donald Trump is clearly for the rich. 78% of Americans are living paycheck to paycheck according to Payroll.org Most can't afford to buy a house and rent is high, Donald Trump will make these issues worse.

Who is Donald Trump's election good for in terms of the economy?

In his first term he lowered taxes for the rich which made him and other rich people richer while the debt grew by 7 trillion dollars due to lower tax revenue,
He put up tariffs on imports which increased costs for consumers,
He w...


1 0 reply

(by: Politics Dude) (ID: 10) Politics,Money




The USA wants TikTok's Chinese owners to sell it by the 19th of January 2025 or they might ban it in the USA

The USA wants TikTok's Chinese owners to sell it by the 19th of January 2025 or they might ban it in the USA

(by: Tee) (ID: 13)
Economic analysts are suggesting Donald Trump's tariffs are having the effect of decreasing goods being imported into the USA and other countries are buying the goods that would be going into the USA without the tariffs.

Economic analysts are suggesting Donald Trump's tariffs are having the effect of decreasing goods being imported into the USA and other countr...

, (by: Patrick J.) (ID: 137)
The US Federal Reserve has cut its key interest rate to a target range of 3.50% to 3.75%, a reduction of a quarter percentage point (25 basis points). This decision was announced on December 10, 2025, and marks the third rate cut of 2025. Current Target Range: 3.50% - 3.75%. Previous Rate: 3.75% - 4.00%. The cut comes amid signs of a cooling labour market, including stalled job growth and higher unemployment, which prompted policymakers to provide an economic boost.

The US Federal Reserve has cut its key interest rate to a target range of 3.50% to 3.75%, a reduction of a quarter percentage point (25 basis point...

, (by: Patrick J.) (ID: 288)
On 2-January-2026, United States president Donald Trump announced the arrest of Venezuelan President Nicolás Maduro and his wife Cilia Flores.

On 2-January-2026, United States president Donald Trump announced the arrest of Venezuelan President Nicolás Maduro and his wife Cilia Flores.

(by: George of the Forest) (ID: 334)

People reacting to increases in petrol prices due to the Iran war https://www.youtube.com/watch?v=B3MVS8WvTXg&feature=youtu.be

, (by: Politics Pat) (ID: 372)
The US national debt is now higher than 37T$

The US national debt is now higher than 37T$

(by: FinanceBro) (ID: 79)
The price of silver just reached 48$. It hasn’t been this high since April 2011 where it reached its all time high of 49.51$

The price of silver just reached 48$. It hasn’t been this high since April 2011 where it reached its all time high of 49.51$

(by: Patrick J.) (ID: 166)
In the past 5 years, the US Dollar strengthened by 50% against the Japanese Yen. 1 Dollar was 104 Yen 5 years ago, now 1 Dollar is 156 Yen. Japan also has 235% debt to GDP ration.

In the past 5 years, the US Dollar strengthened by 50% against the Japanese Yen. 1 Dollar was 104 Yen 5 years ago, now 1 Dollar is 156 Yen. Japan ...

, (by: Patrick J.) (ID: 259)
The S&P 500 grew by 15% in 2025

The S&P 500 grew by 15% in 2025

(by: J-Money) (ID: 329)
The value of America’s biggest 500 companies has gone up 24% in the past year

The value of America’s biggest 500 companies has gone up 24% in the past year

(by: Patrick J.) (ID: 412)
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