As a claimed “art of the deal” expert, President Donald Trump ran and won the 2024 presidential election on his big economic ideas that include “drill baby drill” and tariffs. The American economy is in shambles; and as he plays his on-and-off-again game with tariffs on countries around the world, some of his supporters are waking up. Various Trump supporters are realizing that their 401(k)s are being lost because of Trump.
During his campaign rally in Asheville, North Carolina, Trump called for Americans to vote for him by stating, “If I win, you are three days away from the best jobs, the biggest paychecks and the brightest economic future the world has ever seen.” He also claimed that “the only reason that the stock market is up is because people think I’m going to win. Did you ever hear that?”
Both of these claims were absurd at the time, especially now, as Americans in the past week have seen the stock market sink because of Trump’s irrational economic decision with trade wars and a plummeting stock market to benefit his billionaire connections.
Since Trump took office in January, the country has not seen the jobs, paychecks and economic future that he so boldly proclaimed he would create. Americans have not seen a bright economic future and have instead witnessed the downfall of the stock market.
There is rising concern about a potential recession, with chances of one having risen to nearly 40% thanks to Trump and his useless economic advisors.
The current state of the economy could not be any further from bright. With Trump’s false promises for the working class, the damage that he has caused economically has set America back in terms of grocery prices, cost of gas and has sent panic to many adults trying to make their way into the real world. The fact that less than 90 days of his presidency have passed is daunting. As he continues to play games with the economy for his benefit, there is no telling what might happen next.
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