“Real investment in factories has more than doubled since President Biden took office; for the electronics industry, it has nearly quadrupled since the beginning of 2022. By comparison, Mr. Trump’s Council of Economic Advisers tried to show that his 2017 tax cut spurred investment but instead found an effect of zero…” NY Times
Facts don’t seem to register with voters. I ask myself, what do Trump voters think he will do about inflation– what policy or legislation or executive action? They don’t know but they know that when he announces it, it will sound simple and it will annoy people who spend their lives studying economies. And is he really going to round up “25 million” illegal immigrants? Will even his supporters have the stomach for what that will look like?
But I do look forward to the magic that ends the wars in Gaza and the Ukraine and persuades Iran to abandon it’s nuclear program. Just not holding my breath.