Oil and gasoline might become cheaper overnight, thus a lot of things might go down in price due to cheaper transportation costs. Remember, cutting taxes are one thing but cutting the price of a gallon of gasoline has a lot more weight in our economy. Tax cuts will take effect whenever you gotta pay your tax bill, maybe in a year, IDK your state's particular pay schedule, but everyone across the nation will benefit when the price of gasoline goes down. Now that will necessitate the drilling for oil so more gasoline can be manufactured, or reopen closed down gasoline wells and begin pumping, that way you don't have to drill new wells. Plus there might have to be new oil refineries built to handle the added pressure of more folks using their own vehicles for transportation. And if Trump can get the price of new cars down to a reasonable price, then more folks will want to get out on the road. (<$20K/car) Certainly within six months after Jan 20, '25 everyone in America should see some sort of savings.
Oil and gasoline might become cheaper overnight, thus a lot of things might go down in price due to cheaper transportation costs. Remember, cutting taxes are one thing but cutting the price of a gallon of gasoline has a lot more weight in our economy. Tax cuts will take effect whenever you gotta pay your tax bill, maybe in a year, IDK your state's particular pay schedule, but everyone across the nation will benefit when the price of gasoline goes down. Now that will necessitate the drilling for oil so more gasoline can be manufactured, or reopen closed down gasoline wells and begin pumping, that way you don't have to drill new wells. Plus there might have to be new oil refineries built to handle the added pressure of more folks using their own vehicles for transportation. And if Trump can get the price of new cars down to a reasonable price, then more folks will want to get out on the road. (<$20K/car) Certainly within six months after Jan 20, '25 everyone in America should see some sort of savings.
Could spur new purchases