The Economy He Inherited, and the One He Legislated

The Economy He Inherited, and the One He Legislated

Donald Trump inherited an economy with genuinely mixed conditions in January 2025: unemployment at 4.1% and inflation down to 2.9% from a 2022 peak of 9.1%, set against record housing prices, a 6.96% mortgage rate, structural deficits and a well-funded military that GAO says has been losing readiness for two decades. The more precise criticism of what followed isn’t that he wrecked a good economy; it’s that Public Law 119-21, the reconciliation law he signed on July 4, 2025, made a documented distributional choice. CBO found the law increases household resources through taxes and cash transfers by $3.3 trillion over 2026 to 2034 while cutting in-kind benefits, mostly Medicaid and SNAP, by $900 billion, producing a projected 3.1% resource loss for the bottom income decile and a 2.7% gain for the top by 2034, along with 10 million more uninsured people and a $4.1 trillion deficit increase including interest.

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Trump Campaigned Against It, Now America Is at War (Even Though They Won't Admit It)

Trump Campaigned Against It, Now America Is at War (Even Though They Won’t Admit It)

A president who built his political brand on ending wars has, within thirteen months of his second inauguration, ordered military operations across seven countries — and his administration refuses to call any of it war. This investigation traces the full arc: from a decade of anti-war campaign promises to the January 2026 capture of Venezuelan President Nicolás Maduro, the seizure of the country’s oil infrastructure, and the launch of Operation Epic Fury — a coordinated U.S.-Israeli military campaign that shut down the Strait of Hormuz and triggered the most severe global energy shock in decades. Drawing on congressional records, legal scholarship, energy industry analysis, and on-the-ground reporting, the piece examines the constitutional crisis hiding inside a semantic one — and asks what it means when the most consequential military actions in a generation are officially described as something else entirely.

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How Government Shutdowns Became Corporate Welfare in Disguise

How Government Shutdowns Became Corporate Welfare in Disguise

While federal workers scrambled to pay bills during the October 2023 government shutdown, something curious happened on Wall Street. Defense contractors saw their stock prices rise. Federal IT companies reported steady revenue streams. And private security firms landed lucrative “emergency” contracts to fill gaps left by furloughed government employees.

Welcome to the dirty secret of modern government shutdowns: they’ve become a wealth transfer mechanism from working families to corporate boardrooms, wrapped in the rhetoric of fiscal responsibility.

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