Neal Freiman
π€ SpeakerAppearances Over Time
Podcast Appearances
He did not float much in the way of new policies, as presidents typically do in their states of the union, instead recapping some of his greatest hits like last year's tax bill,
and Trump accounts that seed newborns with $1,000 in the stock market.
However, by saying the economy is hunky dory, Trump may seem out of touch with what Americans are actually feeling because they are nervous about the economy and don't think Trump is managing it very well.
57% of voters disapprove of his handling of the economy in a recent Washington Post Reuters Ipsos poll.
This was Trump's opportunity to show he's got a plan to fix some of those anxieties, but he mostly dismissed the concept of affordability.
And it also said he didn't float that many new proposals.
But there was one that people are talking about.
He called Trump called for the creation of government backed 401k like plan for U.S.
workers that don't have a retirement match from their employer.
Fifty six million private sector employees work for companies that don't have an employer sponsored retirement savings plan.
So Trump said he would do an executive order to get this across the finish line.
There was a plan that was already put in place by the Biden administration that's going to take effect next year.
We don't exactly know how this particular retirement proposal from Trump is different from that Biden one.
He said it's going to be different.
So that was one of the new things that we heard from Trump last night by way of changing up the economy.
He also talked about some of the things that he had proposed in the past that
haven't been taken up by Congress yet, like getting institutional investors out of buying homes, things of that nature.
So that was one of the proposals that we actually hadn't heard for the first time.
And it raised hackles again for possible insider trading, because one of the things you could bet on, not all of these things that he's had that he was going to say you could bet on, but you could also bet on the length of his speech.
And certainly a lot of people inside his circle knew how long the speech would be and also what he would say.