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295 views | 4 weeks ago

JD Vance tows the Cultist Trump Line on the US Economy

How does one give the economy of Trump in 2025 an A+++ when it has produced a record number of bankruptcies for Small Businesses? How does one do that when Gold prices are $4,300+ per ounce and Silver is now over $60 an ounce? This is record inflation. The Dollar (DXY) has dropped from the highs of 108 - 109 range down to the 98 - 99 range in the last year. This economy is very weak and that is why Trump is calling on Jerome Powell to lower interest rates which he has done now 3 times and the 10-Year Treasuries are still yielding around 4.10 - 4.20, thus they haven't made a dent in that number. The deficits are blowing records at now $38 Trillion in National Debt. This Administration is tone deaf and have actually made things worse than what they inherited from the Biden Administration and even the 1st Trump Administration. I guess A+++ means they want an economy like this with Record Inflation and Stagnation on Main Street. Wall Street might be doing great, but Main Street is hurting and maybe that's why they want. It certainly fits the COVID Model that Trump had, where he pumped all that cash to prop up the Stock Markets and forced Brick and Mortar Small Businesses to shut down in the 2020 Lock downs, but the Targets, Wal-Marts, etc. could stay open. This Administration despises Small Businesses and loves Big Corporations and Big Government, and has done a great job of merging the two, in other words, it's A FASCIST Addministration or Crony Capitalist Administration.