by Peter Bohmer, Economics for Everyone, Talk, October 10, 2025, updated for ZNetwork, October 28 2025

Overall, The Trumpist economic agenda is to make even more unequal, the already obscene inequality of income and wealth. Domestically it is a continuation of Republican administration policies, although more extreme. This project is unstable with a real possibility of higher unemployment and higher prices in the coming period, a serious recession. I will conclude with what is to be done.

My focus will be “Trump’s Big Beautiful Bill”, the budget that Passed July 4th, three months ago, officially, OBBBA (one Big Beautiful Bill Act) and secondly, Trump’s tariff policy.

This horrific federal budget will lower taxes for the wealthy and further reduce social programs for working class and poor individuals and families and documented immigrants, with major cuts in health care programs and will substantially increase the spending for the military and on immigration detentions and deportations. … (see link)

Trumponomics is Dangerous to Your Health