How Much Until We Break

If the last election was about anything, it was about the economy and how Americans were hurting because of inflation.

Since Inauguration Day, the economy has been all but ignored by the administration. Tariffs, which seem to be foremost on the president’s mind are supposed to heal many illnesses from trade imbalances to illegal drug importation including making our economy better. Their effects will have economic fallout for sure, but Trump is using it as a broader ranging tool.

In my opinion, no administration can do much to determine the price of “eggs.” Every administration can foster policies that hurt the national economy while doing little to help it. Yet because President Trump himself told the voters that he would bring down prices on “Day 1,” it is important that he be held to the standard that he set.

If anything, the economy is showing signs of increased inflation and a general economic slowdown. Up until this point, I don’t believe Trump’s policies have contributed enough to make much of a difference either way that is measurable, but going forward it is now the Trump economy.

While there is no doubt our escalating deficit is in the long term unsupportable, the chaos that has enveloped the Trump administration and its dismantling of the government has rattled the markets. Trillions of dollars of congressionally enacted spending have been disrupted, sending shock waves throughout the markets.