The Trump economy
MSN:
Liberal media outlet inadvertently explains benefits of Trump's economic plan
Leave it to MSNBC to ferret out "The biggest difference between Trump's and Harris' economic pitches." According to a recent MSNBC opinion piece with that title, "Trump is obsessed with the macroeconomics, big-picture, 10,000-foot view of the economy" while Harris offers a "microeconomic pitch," with specific polices to improve Americans’ economic circumstances.
Respectfully, the piece does not make the point its author thought he was making.
Particularly in this election year, no one should criticize a presidential candidate as "obsessed" with addressing macroeconomic issues such as inflation, wages, interest rates, economic growth and the deficit.The Biden/Harris administration’s failure to effectively address these very issues resulted in massive inflation, declining real wages, stifling interest rates, a surging federal deficit, and an almost incomprehensibly large national debt.American voters will likely insist that the next president have a better plan to address those issues.And there’s the rub – Harris doesn’t have one. She has unabashedly praised the current plan, a failed big government hodgepodge of massive spending and increased regulatory pressure called Bidenomics....
Bidenomics caused the biggest increase in inflation in decades. Everything from food to cars and trucks costs significantly more than it did when Trump was in office. It will continue to be hard to roll back those cost increases but Trump should be better able to control the increases. Food now costs over 20 percent more than it did when Trump was in office and the cost of gas and vehicles has also gone through the roof. For those on a fixed income that means lowering their standard of living.
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