THE DML REPORT

IT’S ALL ABOUT THE ECONOMY STUPID

“It’s the motto elections are based on, and so with all eyes on Iran — let us be reminded that Trump’s plans work. Please ignore the bloviating idiots who tell you he will lose his base over protecting us from Iran. If the economy continues to build a baseline, the Democrats will never resume power again. Do not listen to the know-nothing pundits and paid-for-politicians who want to protect the evil empire of Islamic radicals that dream of nuking the world.” — DML

NUMBERS MATTER

I know I am doing better under Trump than with Biden. Are you?

Trump’s ECONOMY: A Bold Start

The Trump administration’s second term, starting January 2025, has prioritized economic revitalization, job growth, inflation control, profitability, and government efficiency. Below are key accomplishments in the first six months, with the stock market as the final point:

• Economic Growth and Investment: The administration’s America First agenda—tariffs, tax cuts, and deregulation—has spurred economic activity. Over $1.1 trillion in private investments have been committed to U.S. manufacturing, with companies like Apple, Hyundai, and Nvidia reshoring operations, boosting GDP growth projections.

• Job Creation Surge: Since January, 345,000 jobs have been added, including 139,000 in May alone, surpassing forecasts. Private-sector jobs dominate, with 92% of March’s 228,000 jobs in non-government sectors. Manufacturing added 9,000 jobs, reversing prior losses, while unemployment holds at a low 4.15%.

• Inflation Tamed: Inflation dropped to 2.4% by March 2025, the lowest since early 2021, down from a 2022 peak of 9%. Real wages rose 1.4% annually, and grocery prices, like eggs (down 61%), have eased, enhancing affordability.

• Business Profitability Boost: The extension of the 2017 Tax Cuts and Jobs Act and proposed corporate tax cuts to 15% for domestic manufacturers have fueled profitability. Deregulation, including a 10-to-1 rule elimination ratio, has saved businesses $935 billion, encouraging investment.

• Government Cost Savings: The Department of Government Efficiency (DOGE), led by Elon Musk, proposed $9.4 billion in federal spending cuts by June 2025. Regulatory rollbacks, like EPA’s tailpipe emissions rules, saved $667 billion, reducing costs for families.

• Stock Market Resilience: Despite tariff-related volatility, the S&P 500 gained 4.43% from Election Day 2024 to June 2025. Investor confidence in tax cuts and deregulation persists, though tariff uncertainties temper gains.

There are signs that the economy is cooling a bit, and that is okay. It is part of the ebb and flow, and it will be short lived as interest rates are sure to drop — thus, making it attract for businesses to borrow, which means more jobs — and for lenders to offer better mortgage rates, so housing will pick up. It also makes life easier on retirees as credit cards rates drop. And the tariffs will be a boost for manufacturing at home. By 2026, our economy will be the best in a lifetime. Trump’s early achievements reflect a strategic focus on growth and efficiency, though tariff policies spark debate about long-term impacts. And I for one am investing in the future.