Sure, but it’s useful for the bond market and managing the massive national debt.
But also was the economy really solid? A small number of tech companies having runaway valuation isn’t the same as the everyday worker feeling stable. Social media is full of people complaining that the only people really spending are the top 10%. I think that problem is much harder to fix and neither party has a good plan for it.
Trump’s tax cuts added more to the national debt his first term than any president in history, are still adding trillions, and his current plans will add more trillions.
Is that what you mean by “managing the massive national debt”?
People don’t seem to be benefiting in a uniform way from the “solid” economy we have had for awhile. We just had an election about this where there was a disagreement as to whether the economy was “solid” or not.
This may be true, but if incurring pain is necessary to get right, I would appreciate a bit more Milei style "tough love" messaging instead of just yelling "we're the greatest" all the way down.
But also was the economy really solid? A small number of tech companies having runaway valuation isn’t the same as the everyday worker feeling stable. Social media is full of people complaining that the only people really spending are the top 10%. I think that problem is much harder to fix and neither party has a good plan for it.