Bottom line: in the late 1970’s Jimmy Carter wrecked the economy so badly it took two years of Reagan’s tax policies before the economy responded.
Similarly, even if Trump gets reelected and undoes the damage inflicted by Biden, don’t expect the economy to recover overnight.
Biden hasnt enacted any taxes, just spending. But the current tax rates will expire soon, so no action will result in higher rates.
1) Replace all the policies Bidumb removed.
2) stop giving foreign aid money away to any country that sent ‘migrants’
3) stop giving foreign aid money away, period.
4) top to bottom audit
5) mandatory 20 years jail for ANY government fraud, including vote fraud.
5a) one year amnesty for anyone who turns in or self-reports fraud.
6) end ‘spend it or lose it’ budget policy.
6a) offer 10% bonus for any department that cuts spending.
6b) Implement penny-plan. every department budget cut 1% per year until budget is lanaced.
The problem is it is hard for people to understand.
.003 Charged to every money transfer. Retail, ATM, Wires, Stock Trades, anytime money moves. And no it is not the "Fair Tax" which is an increased universal sales tax, and it is not a VAT Tax.
It is called the APT Tax.
It's a tiny charge to individuals, but corporations and banks would pay something, where as now they pay little or NOTHING.
The real damage done is businesses will know they will never be more than four years away from Dem ruin, and often less than that.
So any long term capital projects will be impossible, along with many types of longer term planning.
Should he get elected Trump will face intense resistance from the Deep State, and even from within his own party. Don’t believe Reagan had that problem.
Not sure how much constructive remediation Trump will be able to accomplish as he will only have about three years to try to get stuff done.
The damage Biden has unleashed on this country is deep and long lasting. Elections have consequences as they say.
Bill C used Reagan’s accomplishments as his. It will take years to undo the damage.