Hey, this ride's been great, right?!
So.... today the Dow dropped another 700 pts (2.5%) because the Bloviator-in-Chief is threatening to hit China with pointless, useless tariffs. If you're the average working Joe with a 401(k) retirement plan to supplement your social security benefits (see Paul Ryan about that), your fund just lost money. I really hope that you're not 55 yo or above.
If you're an average middle-class taxpayer happy with the crumbs of a tax cut tossed your way... ruh roh. If you buy things like TVs, phones, radios, smoke alarms, solar lights for your yard, sound equipment, chargers, tools, clothing, shoes, jewelry, cars, furniture, plastic items (ugh), toys, games, etc. get ready to pay much, much more. Raise your hand if you think this is going to benefit either you or the average American blue collar trump-voting worker who shops at the typical big box American store to supply her family with the above-listed goods.
If Trump gets his way, not only will your itty bitty tax cut be swallowed by what you will be paying more for consumer goods -- your retirement plan is going to take a very long time to regain the value it held in early 2017.
How's that Making America Great Again shit working out for you now?