Frustrated Americans who voted for Trump await the economic changes he promised
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Americans frustrated with high prices voted for Trump, expecting economic change; Trump plans to impose tariffs, cut taxes, and deport undocumented immigrants; Dow Jones surged over 1,700 points post-election; Economists warn Trump's policies could worsen inflation, increase federal debt, and slow growth; Peterson Institute estimates GDP could drop by $1.5 trillion to $6.4 trillion by 2028; 23 Nobel-winning economists caution against Trump's economic agenda; Inflation remains a concern with prices 19% higher than pre-2021; Trump's proposed tariffs could cost households $2,600 annually; Deporting 8.3 million undocumented immigrants could slash GDP by $5.1 trillion; Trump's tax cuts may increase deficits by $5.8 trillion over 10 years.
#Trump #Economy #Inflation #Tariffs #TaxCuts #Voters #Gdp #Immigration #Deficit #Politics
https://www.pbs.org/newshour/politics/frustrated-americans-who-voted-for-trump-await-the-economic-changes-he-promised