Inflation Under Trump analyzes the economic policies of the Trump administration from 2017–2021 and their connection to subsequent inflationary pressures. The book avoids political commentary, instead focusing on a rigorous economic analysis of cause and effect. It examines fiscal stimulus, such as tax cuts and increased government spending, and trade policies, including tariffs, to determine how they contributed to rising price levels. Understanding these factors is critical to comprehending the inflationary dynamics that unfolded during and after the Trump presidency. The book establishes a foundation of macroeconomic principles to explore the impact of the Trump administration's policies on inflation. It argues that these policies created vulnerabilities that amplified the impact of external shocks, contributing to an overheated economy. For example, the Tax Cuts and Jobs Act of 2017 is examined for its potential inflationary consequences, alongside analyses of trade protectionism and deregulation efforts. The book employs economic data from sources such as the Bureau of Economic Analysis and incorporates insights from Federal Reserve reports. The book unfolds systematically, beginning with the macroeconomic conditions present at the start of Trump's presidency and progressing through an examination of specific policy initiatives. This structured approach, combined with accessible language, makes the book valuable for economists, policymakers, and anyone seeking a deeper understanding of the relationship between government policy and price stability. The book provides a detailed yet accessible exploration, avoiding overly technical jargon and presenting complex information in a clear and concise manner.
