5 Ways How President Trump'll Make The Economy Boom In His 2nd Term

By now, it should be common knowledge that America's economy was way better off under President Trump.

And if you're wondering how exactly he'll make it boom again in his 2nd term, I got you.

Here are 5 ways:

#1 With Energy Independence

Under President Trump, low cost energy and electricity will be achieved by building power plants and easing the permitting process for drilling.

#2 With Tax Cuts

Once he cuts individual and corporate taxes, households and businesses will have more money to invest in goods and services.

#3 With Lowering Interest Rates

Once he lowers interest rates, borrowing money will become cheaper, which will encourage consumer and business spending.

#4 By Slashing Federal Regulations

President Trump scaling back federal regulations (and in turn cutting costs for businesses) will result in (small) businesses being able to hire more people.

#5 By Promoting Entrepreneurship

Once he reduces the corporate tax rate, (small) businesses can keep more of their profits and reinvest them.

Sources:

https://www.instagram.com/p/Cw72VDNOsAr/?igshid=NTYzOWQzNmJjMA==
https://www.instagram.com/p/Cw8JeSoOw1C/?igshid=NTYzOWQzNmJjMA==
https://www.washingtonpost.com/business/2023/09/11/trump-tax-cuts-2024/
https://www.reuters.com/world/us/payback-time-trump-plans-mass-firings-deportations-second-term-2023-11-14/
https://www.investopedia.com/articles/stocks/09/how-interest-rates-affect-markets.asp#:~:text=Lowering%20rates%20makes%20borrowing%20money,the%20effectiveness%20of%20low%20rates.
https://evolutioncapitalpartners.com/3-ways-trumps-proposed-policies-can-impact-small-businesses/
https://apnews.com/article/trump-policies-agenda-election-2024-second-term-d656d8f08629a8da14a65c4075545e0f