Amazingly, some still suffer from Trump Delusionment Syndrome, defending his economic policies while claiming Biden ‘destroyed the economy’ or insisting that Trump needs to ‘break some eggs’ to bake a cake—meaning we need to endure pain. No, we don’t need pain. The economy performed the best in history during Biden’s term, in sharp contrast to […]
Tag Archives: economy
Trump Economic Facts
Gold: A Growing Influence in Today’s Market
by Daniel Brouse March 28, 2025 Gold: A Growing Influence in Today’s Market Gold has always been a significant asset in the global financial landscape, but recently, its influence has grown in ways not seen for quite some time. One key reason for this increased attention is its impact on the Atlanta Federal Reserve’s GDPNow […]
Trump’s Sector-Specific Tariffs
March 27, 2025 Since January 2025, the United States has implemented several sector-specific tariffs in an effort to protect domestic industries. These tariffs are in addition to any existing country-specific tariffs and represent a continuation of protectionist trade policies. However, historical data suggests that such high sector-specific tariffs often fail to achieve their intended goals. […]
The Inevitable Collapse: How Trump’s Policies and Climate Neglect Will Reshape the Economy
The Balancing of Wealth Inequality Wealth inequality may correct itself sooner than anticipated. Trump’s rapid and unconstitutional actions are already causing his political influence to unravel. The economy is entering a significant slowdown. Historically, 80% of GDP has been driven by immigrants, and the effects of their declining contributions are becoming increasingly apparent. On April […]
Why Are People Boycotting Tesla?
Elon Musk’s extreme hypocrisy has led to widespread boycotts and protests against Tesla. It’s the only company in U.S. history to achieve profitability primarily through carbon credits and remains one of the largest recipients of government subsidies, including tax credits. Yet Musk publicly opposes these very policies, making his contradictions even more damaging—not just to […]
GOP Socializes Egg Prices
Ironically, President Trump has taken a far-left liberal approach by socializing the egg industry. Unable to keep his campaign promise to lower egg prices, the U.S. government has subsidized the industry to the tune of billions of dollars. U.S. Agriculture Secretary Brooke Rollins announced that the United States is importing hundreds of millions of eggs […]
Beyond Tariffs: How International Boycotts Are Quietly Crippling the U.S. Economy
by Daniel Brouse March 21, 2025 Retaliatory tariffs are just one piece of the broader economic damage facing the U.S. economy. Equally significant—but often overlooked—are the growing international boycotts against the U.S., which further erode economic stability. For example, Canada has reported a staggering 40% decline in travel to the U.S., a trend that could […]
Tariffs: The Most Regressive Tax That Hurts the Economy Without Reducing the Deficit
by Daniel Brouse March 20, 2025 Tariffs function as one of the most regressive forms of taxation because they disproportionately burden lower-income individuals, harm economic efficiency, and provide minimal benefit in terms of reducing the deficit. Here’s why: 1. Tariffs as a Regressive Tax A regressive tax is one that takes a larger percentage of […]
Trump’s Sweeping Tariff Plan Threatens to Reverse Decades of Trade Progress
by Daniel Brouse March 20, 2025 Trump aides are preparing to implement a sweeping new set of tariffs on imports valued in the trillions of dollars, aligning with the administration’s push for a more protectionist trade policy. This plan, part of Trump’s so-called “reciprocal” trade agenda, is expected to significantly alter U.S. trade relations by […]
Economic and Security Implications of Trump Policies
by Daniel Brouse March 18, 2025 Recent policy decisions by the Trump administration have led Canada and Australia to reconsider significant defense contracts with the United States. Canada’s Reassessment of the F-35 Fighter Jet Deal Canada is reevaluating its C$19 billion contract for 88 Lockheed Martin F-35 fighter jets. This reconsideration stems from escalating trade […]