What Now America?
How to make the most of the next four years
(Not intended to be investment advice, opinions are purely my own. Please do your own research before investing.)
What I feared would happen has come to pass. Donald Trump and the Republican Party were able to ride a wave of discontent around inflation, immigration, and the economy all the way to the White House and a senate majority. What’s frustrating is that many of the economic issues that Trump successfully blamed Democrats for during his campaign were actually of his own making. Others were made up. And still others were due to forces beyond anyone’s control.
Take inflation for example. The wave of inflation that hit America in 2021 and 2022 was due in equal parts to COVID (specifically the way it wreaked havoc on global supply chains) and the fiscal and monetary policies enacted during Trump’s first presidency (some in response to COVID and others because Trump loves to pump stock markets). Unfortunately for Harris and the Democrats, it took time for the after effects to be felt. So by the time inflation arrived, Trump was already out of the White House. And being the liar that he is, he had a field day pointing the blame at Biden, Harris, and their Democratic peers.
But that’s the past now and what’s done is done. We have no choice but to accept the…