
At GLHR Investing, we’re tracking how President Donald Trump’s second term, now in its third month as of March 26, 2025, is shaking up America’s economic landscape. After a landslide 2024 victory, Trump’s promised to turbocharge wealth with tax cuts, tariffs, and deregulation—echoing his first-term playbook but with a bolder twist. Are these moves making America richer? Let’s dissect the early evidence, from policy wins to market ripples, in detailed bullet points that cut through the noise.
- Tax Cuts Redux: Trump’s reinstated the 2017 Tax Cuts and Jobs Act (TCJA) via executive orders and a GOP-led Congress, slashing corporate rates from 35% to 21% permanently as of February 2025. Individuals get temporary relief—$2,000+ for a $75,000 family of four—while the child tax credit doubles to $4,000. X posts note the rich pay more proportionally (e.g., @HunterPSU01), but IRS data shows 83% of TCJA benefits hit the top 1% by 2027. Early 2025 GDP growth forecasts tick up 0.3% (Oxford Economics), hinting at a short-term wealth boost—though critics say it’s skewed upscale.
- Tariff Power Play: Since February 4, Trump’s slapped 25% tariffs on Canada and Mexico (paused for most goods after backlash) and 20% on China, aiming to bring jobs home. Companies like Tesla (doubling U.S. output, per Musk’s March 11 X post) and Foxconn are expanding stateside, driving $10 billion in pledged investments by March 15 (Bloomberg). Goods prices rose 2-3% (Peterson Institute), denting consumer wallets, but manufacturing jobs are up 50,000 (BLS estimate)—a wealth shift from shoppers to workers.
- Deregulation Surge: Trump’s signed 90+ executive orders by March 7, axing 25,000+ pages of red tape—more than his first term’s total. Energy deregulation (e.g., oil/gas permits up 30%, EIA) dropped Brent crude to $70/barrel, saving households $300/year on gas (AAA). Businesses report $3,100 annual savings per household (White House), fueling reinvestment—S&P 500’s up 2.1% since January 20. X cheers “freed-up capital” (@mesjr86), though environmentalists warn of long-term costs.
- Sovereign Wealth Fund Vision: On February 3, Trump ordered a U.S. Sovereign Wealth Fund plan, eyeing Norway’s $1.5 trillion model. Treasury’s drafting funding via tariff revenue ($50 billion projected for 2025, CBO) and energy royalties to “maximize national wealth” (White House). If launched by year-end, it could grow $100 billion in a decade (UBS estimate), bolstering fiscal firepower—X sees it as a “game-changer” (@musk_news13), though details remain fuzzy.
- Crypto Push: Trump’s “crypto capital” pledge (November 2024) materialized with a March 10 directive easing SEC rules on digital assets. Bitcoin’s up 8% to $104,000 since, and $Trump coin’s wild ride (Axios pegged Trump’s net worth at $58 billion briefly) pumps crypto wealth. Retail adoption’s up 15% (Coinbase), adding $20 billion to U.S. investor portfolios—X bulls roar “to the moon” (@DaCryptoGeneral), but volatility spooks traditionalists.
- Immigration Clampdown: Trump’s deported 100,000+ undocumented migrants by March 15 (Border Patrol), aiming for 11 million. Construction and agriculture face labor crunches—wages up 5% but output down 2% (NIESR)—costing GDP $4.7 trillion over 10 years (CAP). Wealth concentrates in higher wages for remaining workers, though X debates “job theft” vs. economic drag (@StrongHedge).
- Stock Market Surge: The S&P 500’s climbed 5% YTD, hitting 5,800 by March 21, fueled by tax and tariff optimism. Wealthy investors (owning 89% of stocks, Fed data) gain $2 trillion in paper wealth, per UBS. Middle-class 401(k)s grow too—up 3% on average—but X notes the “rich get richer” gap (@wallstengine), with tariffs sparking a 3.1% dip last week before rebounding.
- Energy Dominance: Doubling solar/wind from 2016-2019 (EIA) gets a fossil fuel twist—oil production’s up 10% to 13.5 million barrels/day (March EIA). Energy exports hit $200 billion annually, boosting GDP 0.2% (Oxford). Households save on bills, but X warns of “boom now, bust later” (@TATrader_Alan) if renewables lag.
- Job Creation: 500,000 jobs tied to Opportunity Zones (White House) get a sequel—tariff-driven manufacturing adds 50,000 more (BLS). Unemployment’s steady at 3.7%, wages up 3.8% YoY—$1,500 extra for median earners (Census). X hails “jobs returning” (@HunterPSU01), though deportations offset gains in some sectors.
- GLHR Takeaway: Trump’s moves juice short-term wealth—stocks, jobs, and energy roar, adding $3 trillion to U.S. net worth (Forbes estimate). But tariffs hike prices, deportations sap growth, and tax cuts favor the top. It’s a high-octane gamble—middle-class gains trickle in, while billionaires soar. Long-term? Jury’s out.
Are Trump’s policies fattening your wallet or just Wall Street’s? At GLHR Investing, we’re watching the scoreboard