It May Be Beginning to Work

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With something like this, I am going to err on the side of caution and declare the safe thing to say. It's too early to tell. But it at least seems to be the case that some of President Trump's economic policies and efforts are beginning to show signs of maybe beginning to work. Recently it was reported that receipts from his tariffs were in, and the April numbers were double, to the tune of $16 billion, and the cumulative current year totals have reduced the budget deficit to $1.05 trillion. Granted, we can argue who ultimately paid for that. But there's no argument that can be made that reducing the federal budget deficit isn't important when we currently stand around $37 trillion in debt and typically add around $1.5 trillion to $2 trillion to that annually. We've got to do something to stop the bleeding, and if you couple the tariff receipts with the DOGE efforts, and the recent spending reduction plan being worked on by the GOP Congress right now, we may actually be able to make some progress. Perhaps we could even see a more balanced budget very soon, but I won't take that leap just yet. On top of that, April inflation numbers were released, and it came in at just 2.3%, which is the lowest point of inflation since 2021. That's progress, and sort of seems to fly in the face of all the Trump naysayers claiming he'd add to inflation. I can only assume the inflation numbers will continue to go down as more and more of Trump's economic plans and policies begin to take effect. We might even see the budget deficit reduced to under $1 trillion. Moreover, I think the stock market can calm down a bit as well as it becomes clearer what any tariffs going forward will actually be. What we're seeing now is only the tip of the iceberg, and frankly, is happening faster than I would ever have predicted. The Trump haters will surely disagree, of course. But I am going to call this a win.