Do you have any idea how much you've set yourself up for buyer's remorse, disappointment, if Trump's policies precipitate the worst of all economic situations, stagflation?
Stagflation is a combination of inflation, recession, and unemployment
Stagflation occurs when there is high inflation, stagnant economic growth, and high unemployment. It's a rare but challenging economic condition for policymakers to manage.
Assuming the economy is much as it is now at the 'handoff' on 1/20/25. It will be the equivalent of a relay race with Trump 'running'....roll this metaphor around in you head just for laughs....the anchor leg. Tariffs = inflation, mass deportations = economic contraction with the loss of jobs that American citizens will NOT take.
Pottery Barn rule applies. Trump voters 'bought it'...... we're not better off than 4 years ago.....Trump breaks what he would gush over if he had passed a similar economy off to Biden, Trump and his supporters own it. This is far less a political shift than an economic misunderstanding.
Secretary of State Colin Powell told this president [Bush] the Pottery Barn rule: If you break it, you fix it. Now, if you break it, you made a mistake. It's the wrong thing to do. But you own it.
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