Five important reasons why the Trump economy is about to really blast off
Fox News
Economic analysis reveals five key elements showing Trump's policies are transitioning America from Biden-era government spending to private sector growth.
Shrinking the unproductive public sector while growing the private sector is a welcomed change, but it initially shows us as a negative in many economic metrics. E.J. Antoni, Ph.D., is Chief Economist and the Richard F. Aster fellow at the Heritage Foundation and a senior fellow at Unleash Prosperity.
President Donald Trump turned off those spigots, slamming the brakes on government spending growth and firing a record number of bureaucrats at the federal level. Shrinking the unproductive public sector while growing the private sector is a welcomed change, but it initially shows us as a negative in many economic metrics.
Shrinking the federal workforce and cutting wasteful government spending subtracts from the overall job numbers and GDP, respectively. Just as Biden was able to boost these figures with government largesse at taxpayer expense, now cutting the bloat drags down the headline numbers. Nevertheless, it’s a positive change.
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Economic analysis reveals five key elements showing Trump's policies are transitioning America from Biden-era government spending to private sector growth.
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