And how does that work for them?

Fantastic for my knowledge worker 401(k)!

Who knew that cutting taxes while keeping government spending high AND lowering interest rates could result in so much free money going around? That coupled with the dollar losing 10% of its value in a year, of course stocks are higher than before. Inflation and dollar losing value = winning!

Oh, and, of course, a deficit is a tax increase that's deferred to the future.

It's one thing to spend a deficit on something long-term useful, it's another thing to piss it away.

>Who knew that cutting taxes while keeping government spending high AND lowering interest rates could result in so much free money going around?

That's been going on for many presidents in a row, in no way unique to Trump. Bush and Obama take the cake.

>That coupled with the dollar losing 10% of its value in a year

Is this some new virtue signal on BlueSky? USD is still trading in its channel at above historic averages. This is like saying the US market is crashing because we had a -2.5% day on Tuesday. Look at DXY and zoom out. It's been flat since May.

>of course stocks are higher than before. Inflation and dollar losing value = winning!

Three consecutive years of solid double digit market growth that has outpaced inflation and dollar valuation. Tell me you know nothing about financial markets without telling me you know nothing about financial markets.

> That's been going on for many presidents in a row

You were attributing your "knowledge worker 401(k)" growth to Trump though?

> Is this some new virtue signal on BlueSky?

No, I'm not on BlueSky or any social media. Is this a poor attempt at some Trumper "own"?

> USD is still trading in its channel at above historic averages.

Look at the chart after "liberation day" in April. It's been down since then and stayed there. Not a very good sign for his policies.

> Three consecutive years of solid double digit market growth that has outpaced inflation and dollar valuation

I agree, Biden did well with covid recovery. Not sure how electing Trump did much for us other than cause a market crash in April (and subsequent dip buying) and weaken the USD?

> Tell me you know nothing about financial markets

Oh, I know plenty and I'm actually bullish on stocks because there is so much free money going around. It would be stupid not to have your money in assets with such high inflation on the horizon. I just find it funny that you're touting bad policy as a win when his whole campaign was about "Biden's inflation" causing high prices and Republicans are supposedly for being fiscally responsible yet the OBBB goes against that.

American voters elected the people who ran those institutions, or appointed the leaders of those institutions.

I know we all want it to be some shadowy cabal so we can pretend the average person didn't cause this, but it isn't. We did this to ourselves.

All politicians will say what people want to hear.

> Let me fix that for you. This is all happening because the institutions in America failed to deliver for working-class people for over four decades, and Americans got fed up, elected a billionaire willing to be a bulldozer of those institutions and the systems that work for knowledge workers, twice.

Let me fix that for you. Billionaires conned working class into giving up everything for "low taxes". Working class suffered.

And then the same working class elected - get this - another billionaire conman - the same category that previously conned them.