Trump’s Tariffs: A Hunger Games for the Little Guy
The recent surge in Bitcoin’s value and Wall Street’s optimistic forecasts for 2025 paint a picture of booming wealth for the super-rich, contrasting sharply with an 18 percent increase in homelessness. Trump’s economic policies, particularly threatened tariffs, are expected to disproportionately benefit large corporations with resources for lobbying and navigating complex exemption processes, leaving small businesses struggling with increased costs and uncertainty. This widening class divide exacerbates existing economic inequalities, with the biggest businesses poised to exploit the situation while smaller enterprises face significant challenges. Economists predict that while business confidence may rise, hiring and investment may not reflect this optimism.
John Q. Hosedrinker