## Trump’s Economic Policies: Undermining MAGA Promises and Widening Inequality
A comprehensive analysis by former senior government officials reveals that Donald Trump’s second-term economic policies have largely defaulted on his core „Make America Great Again” promises of low inflation, high growth, and shared prosperity. Instead of delivering broad-based economic benefits, Trump’s approach has exacerbated inequality, increased living costs for ordinary Americans, and created damaging policy uncertainty. Despite campaigning as a champion of working-class voters, his administration’s actions—including aggressive trade tariffs, tax cuts favoring the wealthy, and attacks on independent institutions like the Federal Reserve—have systematically favored the affluent while squeezing lower-income households.
Key economic indicators demonstrate this divergence from MAGA goals. Inflation has stubbornly remained around 3%, above the Federal Reserve’s target, yet Trump has pressured the central bank for faster rate cuts—a move historically linked to higher inflation. His administration has undermined economic institutions by firing officials at the Bureau of Labor Statistics and threatening Federal Reserve independence, eroding confidence in essential economic data. Meanwhile, everyday costs have surged: healthcare premiums on insurance exchanges have spiked, electricity prices have risen sharply due partly to AI infrastructure demands, and housing remains unaffordable for many. Tariffs, which function as regressive taxes, disproportionately burden lower-income families already struggling with basic expenses.
The administration’s policies have actively widened the wealth gap while failing to stimulate inclusive growth. Nearly all benefits from Trump’s tax legislation flow to high-income households, and stock market gains—a frequent administration talking point—primarily enrich the wealthiest Americans, as only 60% of Americans own stocks and lower-income families hold minimal shares. Furthermore, Trump’s erratic trade policies, featuring sudden tariff announcements, suspensions, and renegotiations, have created uncertainty that discourages business investment and stable job creation. While artificial intelligence generates capital spending, its near-term applications focus on automation that reduces employment opportunities rather than creating them at scale.
Ultimately, Trump’s economic agenda appears disconnected from the frustrations that propelled his electoral victories. His policies have done little to address the inequality and economic anxiety that motivated his base, instead delivering outcomes that favor the already-advantaged. By undermining institutional credibility, increasing living costs, and failing to generate broadly shared prosperity, Trump’s second-term economic approach risks deepening the disillusionment of everyday Americans who expected their economic conditions to improve under his leadership.
Ez a cikk a Neural News AI (V1) verziójával készült.