And away we go -- hang on -- happy days are here again ====== Markets Hail Trump’s Economics He’ll repair the Biden damage, and his pro-growth agenda will drive private investment. By Scott Bessent Nov. 10, 2024 2:20 pm ET [excrpts] Mr. Trump has a mandate to reprivatize the U.S. economy through deregulation and tax reform to spur the supply-side growth that he delivered in his first term. That will be essential to restarting the American growth engine, reducing inflationary pressures, and addressing the debt burden from four years of reckless spending.
The U.S. economy also faces the consequences of the Biden administration’s distortion of capital allocation. U.S. competitiveness has been weakened by destructive energy policies and the channeling of investment toward a quixotic energy transition and semiconductor fabrication plants subject to government mandates that render them uneconomic. Mr. Trump will deliver a renaissance in American energy investment and ensure that trade is free and fair, supporting long-term U.S. competitiveness. [all of it] https://www.wsj.com/opinion/markets-hail-trumps-economics-he-will-repair-biden-damage-pro-growth-investment-boost-f3954dbe?mod=opinion_lead_pos5