The upcoming Trump administration may not lead to the economic woes predicted by many experts due to its containment. As long as radical policies are kept in check, U.S. growth should remain positive in 2025.
While some of President-elect Donald Trump’s proposals would enhance growth and reduce inflation over time, others would have a negative impact. On the positive side, Trump is expected to be pro-business, which could stimulate economic activity by unleashing “animal spirits” that drive business investment, innovation, and growth.
If Trump succeeds in extending corporate and personal income tax cuts, set to expire in 2025, U.S. growth would likely benefit. Additionally, if his deregulatory agenda is kept under control, reducing bureaucratic red tape could promote growth, encourage competition, and lower prices over the long term.
Overall, a balanced approach to Trump’s policies may lead to better economic outcomes than initially expected.
Source: https://www.marketwatch.com/story/the-good-news-about-trumps-bad-economic-plans-they-might-not-happen-386d4024