No. of Recommendations: 8
Normally I would give six months to a year before thinking it's Trump's economy, but he's making rash and extraordinary moves - so the economy is his from here on out. Example: Trump cuts off Venezuela's limited export of oil to USA - which is expected to increase the price of oil, which should increase the price of gas. That's just one of many - too many moves, too quickly.
Agreed. Normally, it would be the previous administration's budget until -I think- November. But with all the firings, canceling of contracts, tariffs, and more (like the Venezuelan oil, that I honestly didn't know about), the Felon has taken ownership of the economy several months early. It isn't really the Biden economy anymore. And if Congress actually passes that bill with the tax cuts, it really will be divorced completely from what was working quite well for the prior two years.**
**Biden left a growing economy, growing job numbers, inflation that was near pre-pandemic lows, etc.
