Analyzing the economy under Trump is complex. We saw initial boosts from tax cuts and deregulation, leading to job growth and a strong stock market. Unemployment hit historic lows, and GDP growth, while positive, remained within the range of the Obama administration.
However, critics point to rising national debt due to those tax cuts, trade wars with China that impacted certain sectors, and a reliance on pre-existing economic trends. While the economy appeared strong on the surface, some argue it was a 'sugar rush' fueled by unsustainable policies. The long-term effects of these policies, and the pre-pandemic economy's true strength, remain subjects of ongoing debate among economists. Ultimately, assessing the 'economy under Trump' requires considering both the positive headlines and the potential underlying vulnerabilities.
