A Return to Trump-Era Economic Prosperity Could Prove More Elusive Than Voters Expect

There’s no reason to trust Trump to cut spending or pass the necessary reforms, in part because he explicitly says he won’t touch Social Security and Medicare, the two main drivers of our fiscal problems.

AP/Alex Brandon
President Trump at the Economic Club of New York, September 5, 2024. AP/Alex Brandon

While the gap may be closing, polls tend to show that more Americans trust President Trump than Vice President Harris on economic issues. This sentiment is understandable, given the strong pre-pandemic economy during Trump’s first term and the challenges of inflation and declining real wages under the Biden-Harris administration.

However, voters pinning their economic hopes on a Trump comeback might find themselves disappointed.

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