Economy Surging Under Trump’s Deregulation and Lower Taxes Print
By Timothy H. Lee
Thursday, October 30 2025
Stock markets continue to pioneer new record highs, blue-collar wages have increased more than under any other president, inflation remains moderated in comparison to his predecessor and economic growth has proven impressive.
Despite constant warnings of impending recession from media figures who solemnly pretend that they wouldn’t welcome a downturn they could blame on President Trump, the economy keeps expanding under his agenda of lower taxes and deregulation.
Nearly every day throughout recent weeks, we’ve witnessed successive new record stock market highs reflecting that economic vigor. The Dow Jones Industrial Average continues to break new highs. So does the S&P 500. So does NASDAQ.
That doesn’t happen unless something is going fundamentally right in our economy.
Accordingly, while some people may not like President Trump, their 401(k) accounts certainly do.
To read news reports, however, it almost appears as if investors reluctantly accept that America’s economy has defied pessimists’ expectations, as highlighted by The Wall Street Journal:
https://cfif.org/v/index.php/commentary/43-taxes-and-economy/7450-economy-surging-under-trumps-deregulation-and-lower-taxes