GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
it’s possible for you to read more about oureditorial guidelinesand our products and servicesreview methodology.
But rhetoric aside, how have his policies impacted Americanspersonal finances?
On balance, she said the first Trump administrations policies boosted her business and personal finances alike.
But shes no frothing-at-the-mouth fangirl who fails to see the bad alongside the good.
This directly lifted my companys revenue.
We could suddenly get paid for connecting compatible people together.
As a small business owner, he reducedour tax burden.
In turn, that helped not just our business but many others return to healthy profit margins.
That had a trickled down effect that boosted my business and personal finances.
Less Restrictive Energy Policies
Soon after taking office, Trump initiated his America First Energy Plan.
It loosened several energy regulations, aiming for energy independence.
COVID-19 Chaos and Disruptions
Of course, not everything went smoothly under the first Trump administration.
While no one could have predicted the COVID-19 pandemic, that doesnt mean the administration handled it gracefully.
The Trump White House response to COVID could have been handled better, Christensen said.
They could have prevented a lot of financial ruin.
Christensen added that the public health response seemed both ineffective and economically costly.
Due to both federal policies and local lockdowns, we were unable to be as mobile as usual.
Our access to necessary goods was strained, both personally and in our business.
Pandemic Real Estate Reshuffling
One industry that didnt suffer in the pandemic was real estate.
In fact, it continues to this day, Christensen said.
That massive interstate migration might not have happened underbetter pandemic policies.
Trump kept inflation in check despite fueling the economy, Christensen said.
That balance substantially increased my business andpersonal financial buying power.
Will the president-elect be able to walk a similar balance in his second administration?
Only time will tell.
More From GOBankingRates
Share This Article:
