Source: The cartoon by Beka
A high-tension diet: Trump slimmed down the economy and families are losing
Although a president's direct economic tools are limited, Trump seems to want to focus on pushing the United States into recession in the short term, to ensure that it is growing by the end of his term, with a crucial final goal: keeping interest rates low. To achieve this:
Public spending decreases that he wants
He does not know which button to press to make the market rise and he does not care about the 'wealth effect' of a declining market. Something different compared to the first term.
He does not care about the political uncertainty it generates and that delays important investment decisions, household purchases, and new hiring.
