I haven't really heard anyone break down why trump's economic policies are good or bad

@ianR0ckwell 👆️ this is right... it gives breathing room for people to invest. And since the taxes are low, the incentive to invest is higher.

This however obfuscates the facts that lower regulations also means: bad working condition (labor is less productive), it makes labor compete harder with eachother (lower wages), ... and when everyone starts to invest massively, chances of creating bubbles are higher. These things have to build up over time, so you'll see the impact of the measures fairly quickly, but the results on what it does to a society only in the long term.

It also means that the state, has less tax dollars, so they have a more difficult time to invest in certain areas like schooling and roads.

A strong economy is not always good for the entire community (or even the majority, if we come to the idea that you can never be good for everyone)

@Kwek00 if the economy is growing...the tax base expands leading to greater government tax dollars

When the economy grows it increases the demand for labor which leads to higher wages and better working conditions because businesses must compete for good employees.

Bubbles are usually created by the manipulation of currency..such as stimulus spending..