The previous administration leaves Donald Trump not the best legacy in terms of the domestic economic situation (inflation and falling incomes of Americans), which became one of the main reasons for the defeat of the Democrats.
Attempts to reduce the amount of excess liquidity in the economy (peak inflation in 2022 is 9.1%) have brought the discount rate to its maximum over the past 20 years (5.5%), which the US Federal Reserve is actively fighting now.
Plus, the situation with the withdrawal of dollars from the economy by paying off non-invested treasury and mortgage securities by the US government to the Fed is not particularly advertised.
In other words, the monetary authorities are trying in every way to remove the excess dollar from the system.
Although the Fed has actively begun to reduce the discount rate (yesterday it lowered by 25 basis points; the current level is already 4.5-4.75% per annum), it seems that this is by no means the limit in resolving this situation.
The recession in the United States has not been canceled. The excess of dollars or all the hidden inflation is now mostly buried in the overvalued stock market, rather than in the officially published CPI (consumer price index).
It seems that it will be possible to talk about a reboot of the American economy only after its zeroing (stock market) and reaching a new level of monetary values.
Of course, I would like all the fruits of my policy to be taken over by the administration that gave rise to this. And not a game based on the principle of "who is the last, the one and ...".
Donald Trump will have a difficult time, but in any case it will be an economically positive policy for the states themselves - not at the expense of geopolitical instruments, but by developing their real sector and providing positive conditions for this (including low global oil prices).