The real reason Trump is destroying the economy

The Real Reason Trump Is Destroying the Economy

Donald Trump has long positioned himself as a champion of economic prosperity, boasting about stock market highs and tax cuts. However, a closer look at his policies and leadership style reveals a much darker reality: rather than strengthening the economy, Trump’s actions have actively undermined it. From reckless tax cuts to trade wars and regulatory rollbacks, his decisions have had long-term consequences that many Americans are still struggling to recover from.

1. The Illusion of Economic Growth

During Trump’s presidency, the stock market surged, and unemployment remained low. However, these superficial indicators masked deeper economic instability. Much of the economic growth under Trump was fueled by short-term measures like massive tax cuts for corporations and the wealthy. His 2017 Tax Cuts and Jobs Act slashed corporate tax rates, leading to a temporary boost in stock prices but failing to produce lasting benefits for average workers. Instead of using their tax savings to invest in jobs and wages, corporations engaged in stock buybacks, further enriching shareholders while leaving middle-class and lower-income Americans behind.

The national debt also ballooned under Trump. Despite Republican claims of fiscal conservatism, his administration added nearly $8 trillion to the debt, with little to show for it. His tax cuts, combined with increased government spending, created an economic time bomb that future generations will be forced to deal with.