Under President Trump, US family wealth has grown by $12 trillion in only nine months. The growth comes from deregulation, tax cuts, and deportations.
Productivity is running at 4.9%; it is the best since the Reagan administration.
This can accelerate with the Big Beautiful Bill and Trump’s tariffs and investments from other nations. Housing has improved.
However, a lot of Americans are not doing spectacularly. People live paycheck to paycheck. They need better prices and higher salaries. People have to get off the couch. Ten million working-age Americans don’t work. They are getting welfare. Many able-bodied people get to stay home and live off taxpayers.
In a short time, Trump turned Biden’s disaster around, and now Congress has to finish the job.
My family wealth has not soared, period. In fact, if you figure any small increase in my income and adjust for the increased price of all most everything I buy, I actually fell behind some more. I don’t understand why people don’t see it but discounting every other thing, we are being robbed by inflation. Here is an example. Our brilliant leaders like(or want) the US to have a 2% inflation rate yearly. OK, let’s see, 2% times 50 years is 100%. That means that virtually everything in the US will double in price every 50 years. However, there are years in which it is more than 2% and very few that it is less than 2%. I would like to say here that this is very basic math and the truth is this is very complex in reality. So, here is what I find. Inflation is much worse than the 50 year/2% thing. This is because, if you will check the numbers on one item that we all have to have to go to a job, you will see this. If you buy a car in 2001 and buy the essentially the same car in 2025 you will find the car has basically doubled in price. You check this out for yourself. Perhaps the vehicle you price is a little less, perhaps it is a little higher or maybe it is much higher. No matter if you find an item that doesn’t double in 25 years, I can find an item that more than doubles in that same period. A friend of mine told me a long time ago, if a man makes a dollar it is taxed by all departments at all levels of government and let’s say that all of the taxes/fees/permits/etc come to 33%. Every time that dollar is paid to a worker – 33%. So that it only changes hands 3 times and the government gets the whole dollar. This is much like inflation, it is much more complex but is generally true. Are Americans not dumber than a brick?
Numbers like that are just propaganda. In this case, right wing propaganda.
It’s a hard concept for many to understand.
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