Trump is inheriting an economy that's weaker than it looks

Contributing sentiments towards policy:

72% : Rightly or wrongly, there is confidence in the marketplace now that Trump has won.
63% : Things are not as cut-and-dried as "Trump is inheriting a strong economy."
61% : Second, I wonder whether Trump can provide a continued lift to animal spirits.
58% : Under Biden, the office has announced or completed nearly $30 billion in loans or loan guarantees to 23 commercial projects, per Politico, supporting efforts including the domestic supply chain for electric-vehicle batteries, clean hydrogen, and replacing fossil fuels in steelmaking.
54% : "Consumer and business confidence remain well below where they were when Trump was in office and have plenty of room to move up.
51% : Trump 1.0 came into office at a time of low inflation, some slack in the jobs market, and, importantly, a synchronized upturn in global manufacturing activity: Well over half of the global manufacturing purchasing managers' index -- a private measure of factory activity -- stood in expansion territory in early 2017.
51% : By contrast, the last time Trump assumed office, mortgage lending standards were improving.
47% : The last time Trump was president, he was new to Washington, and the wider Republican majority in Congress had an agenda ready for him to sign into law.
46% : Trump may well be inheriting a consumer with strong balance sheets, but their income isn't going to increase by much, and by extension, they will buy fewer things.
44% : For Trump, this economy looks like a mirror image of the one he inherited in 2017.
39% : Trump 2.0 will have no such opportunity.
38% : While this would be difficult to do given the tight Congress, there are things Trump could do unilaterally.
37% : What's different about the latest market reaction relative to the last time Trump was voted into office?
35% : If Trump is able to rein in some of his more economically worrisome instincts, like broad-based tariffs, then declining inflation risk keeps the Fed at bay, while animal spirits keep the economy humming.
22% : President George W. Bush passed the Economic Growth and Tax Relief Reconciliation Act of 2001, President Barack Obama had the American Recovery and Reinvestment Act of 2009, Trump had his Tax Cuts and Jobs Act, and President Joe Biden had the American Rescue Plan, Infrastructure Investment and Jobs Act, and CHIPS Acts.

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