The Trump Economy Will Take Off in 6-9 Months

U.S. President Donald Trump speaks at the Friends of Ireland luncheon hosted by Speaker of the United States House of Representatives Mike Johnson at the US Capitol in Washington D.C., March 12, 2025. (AP)

By Wednesday, 12 March 2025 03:44 PM EDT ET Current | Bio | Archive

The Trump administration is rapidly taking several economic policies aimed at boosting the economy and many are seeing that this economy could take off to new heights of GDP growth within the next 9-24 months.

After four straight years of record inflation, horrible crime, high interest rates, and outrageous energy costs, prices are finally coming down due to strategic decisions by the Trump White House. [i]

Just this week, gas and diesel prices are at a 3-year low, and egg prices are coming down to pre-Biden prices after the Biden Administration killed 166 million chickens, where Biden and Democrats’  failed policies caused a surge in grocery prices that impacted middle-class families several months ago. [ii]

Here are 10 key issues that will create an Economic Boom in the U.S. economy in late 2025:

  1. The elimination of $1 trillion in Government spending fraud, waste, and theft this year by DOGE forensic audits and accounting. [iii] The prosecution of such government fraudsters will also slow down any fraud in the future. Just one suspected waste and fraud event is the $375 Billion given away days before Biden left office to Climate Change related companies. This $375 Billion seems to have been paid directly to political friends of the Clinton, Biden, and Obama families.  As a note, climate change charities do not pay taxes to help the poor like real taxpaying businesses.  $375 billion is most probably enough cash to pay off every credit card for every American under 40 years old. [iv]  We can only imagine that doing a “rain dance” would be more effective than most Democrat sponsored climate change strategies.
  2. 250,000 Gold Visas at $5 million each generating up to $1 trillion per year while bringing in new business and wealth to the USA. [v]
  3. Eradicating Non-Essential NGOs - The eradication of $500 billion in waste to non-essential NGOs that do little but pay cash to loyalists from a charity rather than helping the poor, widows, or orphans in the USA. [vi] The White House says “Waste and Abuse Runs Deep”.
  4. Saving another $1–2 trillion with the removal of 135,000 “non-essential” jobs that were created by Biden to employ partisan workers to boost the pitiful employment rate. Biden may have created over 300,000 new government jobs, so this is only a 40% reduction in jobs concocted by the Biden Administration. [vii]  The Education Department in DC has a budget of $268 Billion per year. If you cut that in half, you have saved another $1 Trillion in just 7 years.  [viii]
  5. Lower interest rates and lending by 50%. The debt burden rates under Biden were 300% worse for working Americans in many cases. If the Prime Lending rates can be taken down from 8.5%-7.5% and brought back to 3.5%, the USA Main Street buyers would have massive amounts of disposable income to spend, boosting the economy, markets, and even state and local governments with sales taxes collected. [ix]  Interest rates on credit cards, auto loans, homes, and student loans should be reduced immediately. If the president can’t do it, the Federal Reserve must act now.  This debt burden reduction will reduce the $1 Trillion of Biden’s new annual debt costs on the working class and reduce another $1 trillion in annual interest on the debt.[x]  The Federal Reserve Will Drop Prime Rates When They Comprehend the Real Unemployment Reality - When the Federal Reserve finally figures out that the unemployment rates under Biden are closer to 10% rather than the fantasy rate of 4%, they will be required to lower interest rates immediately. [xi]
  6. Illegal-Untaxed immigration is down 93% since Trump took office. Immigration has caused great inflation on housing, hospital care, insurance, and even food. Further, immigration has hurt women and minorities in the USA already by depriving them of jobs and benefits.
  7. DEI Waste and $1 Trillion Saved – Since the US Supreme Court has recently outlawed racism and affirmative action, the Biden administration increased projected DEI Spending to billions per year. By eliminating programs that use race to discriminate against Americans of over 5,000 ethnicities, Trump and our leaders can  actually save Social Security. $30-50 billion spent annually across the U.S. on DEI programs amounts to about $1 Trillion saved over the next 30 years. [xii]
  8. Fair Trade - $100 Billion per year in Reciprocal Tariffs Revenue on goods coming into the USA. This is enough money to feed the poor in the USA under the SNAP program. As these tariffs are only on nations that already tax the USA citizens, the tariffs are only equal to what is already charged for exporting. This will greatly boost local manufacturing and jobs over the next 4 years in the USA. [xiii]
  9. End of Worthless Wars – When Trump solves the Russia Ukraine conflict through Powerful Diplomacy, that will save the world trillions in costs, reduce energy inflation, reduce sovereign risk, and open trade up globally.  When I was in Asia this past fall, experts in Asia told me that the Ukraine War had raised the cost of transportation, insurance, energy, and banking fees for businesses on that side of the world.
  10. Tax and Regulation Reduction – If the Trump Team continues to reduce tax burdens on small business and reduce red tape, eliminate kickbacks, and middle-man schemes that raise costs, all Americans and all publicly traded companies will benefit.

In sum, these 10 Key Variables may reduce fees, costs and expenses of Americans by  up to $5-7 Trillion Dollars in the next 12-24 months.  This increased wealth and spending by the working class Americans, will boost profits across the board increasing jobs, benefits and opportunities for all Americans from every race, ethnicity and creed.


Addressing the Policies and Boosting the Economy
A key initiative is  addressing fraud, waste, and inefficiencies within federal programs. One of the key achievements of the Trump Administration has been  the recent identification and reduction of $1 trillion in fraud across various government programs, a move that has directly contributed to increasing the financial sustainability of public expenditures and saving Social Security and Medicare/Medicaid.

According to reports from the Department of Government Efficiency, this initiative is expected to free up funds that could be redirected into critical sectors, thereby enhancing the efficiency of government operations and reducing the overall fiscal deficit.

Beyond waste reduction, President Trump's economic agenda sought to reduce inflation and lower energy costs through increased domestic oil and gas production. The reinstatement of the Keystone Pipeline was a centerpiece of this policy, as it aimed to expand the nation’s energy infrastructure and promote energy independence.

This initiative has been shown to have substantial benefits, including lowering utility bills, reducing fuel costs, and ultimately mitigating rising inflation by cutting energy-related expenses for both households and businesses.

The focus on energy independence is expected to decrease the U.S.'s reliance on foreign energy sources, which have been subject to global market volatility. In turn, this policy has contributed to a more stable economic environment, fostering growth by reducing uncertainty in the energy market. Keep in mind that the average American was paying about $3.75 per gallon during Biden’s 4 years, and it is already down to $2.75 under President Trump saving working families a Trillion per year. [xiv]

Crime rates in urban areas have also been a persistent challenge for American businesses, particularly those operating in high-crime cities.

By focusing on reducing crime, the Trump Administration’s policies have helped address the financial strains businesses face due to property damage, theft, and heightened security measures. Lower crime rates reduce insurance premiums and security costs, providing economic relief to businesses.

According to economic studies, cities with higher crime rates tend to experience lower business growth and job creation, as the costs of operating in such environments can outweigh the benefits. With enhanced public safety initiatives, businesses are more likely to invest in urban centers, knowing that their investments are safer and more sustainable. Experts say that Trump has already deported up to 20,000 high risk immigrants that were convicted murderers, rapists, child molesters and deadly dope dealers. [xv] [xvi]

Moreover, the reduction of corporate taxes under the Trump Administration was another significant policy change aimed at spurring economic growth. By slashing corporate tax rates, the administration provided businesses with more capital to invest in hiring, infrastructure, and wages, which contributed to an increase in job creation and investment. Corporate tax cuts have been shown to stimulate economic activity by encouraging businesses to reinvest their savings into the economy, fostering an environment conducive to growth.

The introduction of the Gold Visa program further complements these economic strategies. By offering a pathway to permanent residency in exchange for significant investment, the program attracted global talent and foreign investment, generating billions of dollars in capital inflows.  Along with other Trump plans such as the Platinum Plan for Minorities and Women, the Trump Administration is poised to boost incentives for productivity and creativity for minorities and empowerment zones. [xvii]

The Federal Reserve's response to these policies, particularly in terms of interest rate reductions, has played a critical role in enhancing the economy. Lower interest rates reduce borrowing costs for consumers and businesses alike, making it more affordable for individuals to purchase homes, cars, and other goods. In turn, businesses are able to borrow at lower costs, facilitating expansion and job creation. Research indicates that when interest rates are low, consumer spending and business investment increase, leading to higher levels of economic activity.

Studies also show that deregulation and tax cuts have historically been associated with higher levels of business investment, increased employment, and more robust economic growth. It is the Amazon/Walmart Rule or Laffer Curve Rule which states that if you lower costs and undercut the competition, your margins will be smaller, but bigger than everyone else when competing against the other 180+ nations for tax revenue. [xviii]

Remember, under Speaker Newt Gingrich's Congressional Spending Powers and leadership in the 1990s, government spending as a percentage of GDP fell from around 22% to 18%. This reduction in federal spending was part of a broader fiscal policy that focused on balancing the budget and reducing the deficit. The economy experienced significant growth during this period, which was marked by strong economic performance, low unemployment, and rising stock market values.

The combination of lower government spending, tax cuts, and the tech boom contributed to a period of prosperity during the Gingrich Leadership even while Clinton was impeached. The U.S. saw sustained economic growth, increased productivity, and the first budget success in decades. While other factors, such as the tech boom and global trade expansion, also played roles, the reduction in government spending was widely regarded as a contributing factor to the economic boom of the late 1990s. [xix]

In conclusion, the Trump Administration’s policies have already been instrumental in reducing waste, fraud, theft, and inefficiency while simultaneously addressing issues related to help reduce  injurious forms of:  inflation, energy costs, crime, interest rates, immigration, regulations, wars, and taxation. These combined efforts by President Trump after his landslide victory in 2024 have set the stage for an economic transformation, one that promises to reduce costs for businesses and consumers alike, stimulate job creation, and foster sustainable growth. By continuing to pursue these strategies, the U.S. economy is poised for long-term prosperity and will become the nation with the most reasonable forms of business and taxpayer friendly rights and laws.

_______________

Commissioner George Mentz JD MBA CILS CWM® is the first in the USA to rank as a Top 50 Influencer & Thought Leader in: Management, PM, HR, FinTech, Wealth Management, and B2B according to Onalytica.com and Thinkers360.com. George Mentz JD MBA CILS is a CWM Chartered Wealth Manager ®, global speaker - educator, tax-economist, international lawyer and CEO of the GAFM Global Academy of Finance & Management ®. The GAFM is a EU accredited graduate body that trains and certifies professionals in 150+ nations under standards of the: US Dept of Education, ACBSP, ISO 21001, ISO 991, ISO 29993, QAHE, ECLBS, and ISO 29990 standards. Mentz is also an award-winning author and award winning graduate law professor of wealth management of one of the top 30 ranked law schools in the USA.Mentzenborg is just a term of art to describe the theory and process by George Mentz JD MBA ChE. CWM is for Chartered Wealth Manager ® and ChE Chartered Economist ® is a credential for economics professionals.

Citations

 

[xviii] Laffer Curve: History and Critique

[xix] William J. Clinton - Federal Impeachment - Research Guides at Library of Congress

Other Legal and Financial References

  1. Government Accountability Office (GAO), “Opportunities to Reduce Fragmentation, Overlap, and Duplication and Achieve Other Financial Benefits,” GAO Report, 2019. GAO Report
  2. Office of Management and Budget, “Budget of the U.S. Government, Fiscal Year 2020,” OMB, 2019. OMB Budget Report
  3. U.S. Department of Justice, “Report on Government Waste, Fraud, and Abuse,” 2018. DOJ Report
  4. U.S. Energy Information Administration, “Energy Independence and Economic Growth,” EIA, 2019. EIA Report
  5. The White House, “Energy Independence Executive Orders,” 2020. White House
  6. “Keystone Pipeline and U.S. Energy Security,” Energy Policy Institute, 2019. Energy Policy Institute
  7. International Energy Agency (IEA), “Global Energy Markets: Impact of U.S. Energy Independence,” IEA Report, 2018. IEA Report
  8. Federal Reserve Bank of Chicago, “The Relationship Between Crime Rates and Economic Growth in Urban Areas,” 2017. Chicago Fed
  9. National Bureau of Economic Research, “Crime, Economics, and Business Development,” NBER Working Paper, 2019. NBER Paper
  10. Tax Foundation, “Effects of the 2017 Tax Reform on Corporate Tax Rates and Investment,” 2020. Tax Foundation
  11. U.S. Department of the Treasury, “Tax Cuts and Jobs Act: Economic Analysis,” 2019. U.S. Treasury
  12. Congressional Budget Office (CBO), “Corporate Tax Rates and Their Effect on Business Investment,” CBO, 2020. CBO Report
  13. National Economic Council, “Immigration and Investment: The Economic Benefits of the Gold Visa Program,” 2020. NEC Report
  14. U.S. Citizenship and Immigration Services, “Gold Visa Program Analysis,” 2021. USCIS
  15. Council on Foreign Relations, “U.S. Immigration Policy and Economic Growth,” CFR Report, 2020. CFR Report
  16. Federal Reserve, “Monetary Policy and Interest Rates,” Federal Reserve Economic Data, 2019. Federal Reserve
  17. Brookings Institution, “The Impact of Interest Rate Cuts on Economic Growth,” 2020. Brookings
  18. U.S. Chamber of Commerce, “Deregulation and Economic Growth: Evidence from the U.S. Economy,” 2021. U.S. Chamber
  19. Economic Policy Institute, “The Effects of Tax Cuts and Deregulation on Business Investment,” EPI, 2020. EPI Report
  20. Bureau of Economic Analysis, “Assessing the Impact of Economic Policies on U.S. GDP Growth,” BEA, 2021. BEA Report

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GeorgeMentz
The Trump administration is rapidly taking several economic policies aimed at boosting the economy and many are seeing that this economy could take off to new heights of GDP growth within the next 9-24 months.
trump, economy, tariffs, taxes, stocks, doge, budget
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2025-44-12
Wednesday, 12 March 2025 03:44 PM
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