Newman: In Trump’s economic vision, everybody’s on their own
Published On Jan 30, 2025, 6:00 AM
The article discusses President Trump's second term in office and his economic policies that lean towards reducing federal influence and promoting self-sufficiency. Critics argue these policies will harm lower-income voters who depend more on the government. There is an emphasis on potential cuts to Medicaid that could impact millions, raising questions about the viability of a libertarian approach to governance in today's society. The article also considers whether voters truly desire less government intervention or simply want more opportunities to thrive economically.
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Trump's policies, urging less government intervention and potential Medicaid cuts, could hurt consumer spending and ultimately the businesses that rely on that spending, particularly in the healthcare and consumer goods sectors.
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