Sunday, December 21, 2025

Donald Trump promised a new ‘golden age’ for the US economy. Where is it?

This confidence is said to be driven by projections that stimulus from Trump's massive One Big Beautiful Bill Act tax-and-spending legislation will deliver a significant boost to household finances, and spur business investment. 

Outside the administration, economists are skeptical. 

Most lower income Americans will be hurt (net) by these policies. And you need to add the increase in healthcare premiums on top of this," said Simon Johnson, a Nobel prize-winning economist and professor at MIT's Sloan School of Management. "Hard to see how 2026 will be better for most people."…

https://www.theguardian.com/business/2025/dec/20/trump-us-economy


 

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