Daunting Economic Condition Under Trump 2.0

The most significant factors behind Trump’s victory were Covid-19 and the Federal Reserve’s response. Life is likely to become harder for Americans—and for much of the rest of the world.

Yopie Hidayat

November 18, 2024

AS the dust settles following the tumultuous conclusion of the United States presidential election, analyses abound regarding Donald Trump’s resounding victory. While a confluence of factors undoubtedly played a role, most analysts agree that one issue stood out: the cost of living. Over the past four years, high inflation led voters to blame President Joe Biden and the Democratic Party, paving the way for Trump’s return to the W

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