People ask, “If Trump is so bad, why do Trump supporters still like him?”
“Simple,” I replied. “The pain hasn’t arrived yet.”
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People ask, “If Trump is so bad, why do Trump supporters still like him?”
“Simple,” I replied. “The pain hasn’t arrived yet.”
House Speaker Mike Johnson and Elon Musk have given Americans a preview of the sweeping changes a potential Trump presidency could bring to healthcare and government spending. Speaking in Pennsylvania, Johnson vowed “massive” healthcare reform in Trump’s first 100 days if elected, promising a major overhaul to address issues he says were created by Obamacare. Johnson emphasized that healthcare reform would be a critical priority, signaling a commitment to reshaping America’s healthcare system as part of an aggressive legislative agenda.
Elon Musk, who Trump has promised would oversee government “efficiency,” offered a stark perspective on the broader fiscal impacts, predicting a period of “temporary hardship” for Americans under Trump’s plan to address the national debt. In a recent virtual town hall, Musk outlined that tackling this issue would require tax code changes and major spending cuts, which may impact Americans financially in the short term. He argues that these sacrifices are essential for “long-term prosperity,” implying a significant reconfiguration of government spending aimed at reducing the deficit.
The message each men want Americans to expect from a potential second Donald Trump presidency is simple: expect to suffer.
Less than two weeks to November 5th, our national Election Day. It appears younger voters don’t care whether Trump’s former staff believe Trump is a dictator (in waiting). Most younger voters were too young to be impacted by Trump’s first term. And even though under Trump, the U.S. national debt increased by 39%, reached $27.75 trillion by the end of his term, and the U.S. debt-to-GDP ratio also hit a post-World War II high, young voters believe Trump will handle the economy better.
Trump’s economic numbers exposed a far more complicated reality. His tax cuts never delivered promised growth, budget deficits surged (and stayed relatively high under Biden), and tariffs and trade deals never brought back lost factory jobs. Both Trump and Biden suffered from COVID’s pandemic lockdown. The borrowing both presidents leveraged enabled the government to make direct payments to citizens and small businesses during the lockdown. These increased payments provided temporary feelings of being better off despite a recession.
Questions we should have asked.
