The narrative from the left has long been that Donald Trump would ruin the American economy. Yet as of June 27, 2025, the S&P 500 and Nasdaq have closed at 6,173 and 20,273 respectively. This reality starkly contrasts the predictions of doom and gloom that permeated mainstream discourse. The resilience of our markets suggests that the American economy is thriving under Trump’s leadership, and many Americans are eager to see just how much more winning we can achieve.
Market Performance Under Trump
During his first term, President Trump's economic policies significantly bolstered market performance. According to The Economist, the S&P 500 index climbed by nearly 70%. This growth demonstrates that the markets responded positively to his tax cuts and deregulation efforts, which are core tenets of conservative economic philosophy.
Understanding the Tariff Impact
However, it’s important to acknowledge the mixed implications of Trump’s tariff policies. As reported by the Wharton Budget Model, these tariffs are projected to reduce long-run GDP by about 6% and wages by 5%. A middle-income household could face a lifetime loss of up to $22,000. While tariffs may protect certain domestic industries, they can also burden American consumers and create a complex web of economic repercussions.
S&P 500 closes at record high; Dow comes close
Consumer Costs and Economic Reality
The tariffs are not without their costs. Stanford’s SIEPR estimates that these tariffs could cost consumers around $2,600 annually. This raises a critical question: are we sacrificing consumer welfare for short-term gains? The balance between protecting American jobs and ensuring affordability for everyday Americans must be carefully navigated.
Conservative Principles at Play
As conservatives, we fundamentally believe in the value of private ownership and free markets. This is evident in Trump's economic strategies, which contrast sharply with the collectivist tendencies of the left. According to Wikipedia, conservatism emphasizes private property ownership, advocating for individual economic freedom over government intervention. Trump's policies align with these principles, aiming to stimulate growth through deregulation and tax reductions.
President Trump promises tax cuts are coming soon | Fox News Video
The Road Ahead for Trump’s Economic Agenda
Despite the challenges posed by tariffs, there is a palpable sense of optimism among many Americans regarding Trump’s economic agenda. The current market performance, juxtaposed against negative predictions, highlights the resilience of our economy. Moreover, with the upcoming elections, it is imperative for conservative leaders to rally support, emphasizing the successes of the Trump administration while addressing the complexities introduced by tariffs.
As we move forward, the focus must remain on promoting policies that prioritize American interests, ensuring that our economic growth is sustainable and inclusive for all. The upcoming years will be critical in shaping the narrative around Trump’s economic legacy and the broader implications for conservative governance.
