NY News Press

The Source for News, Opinion, and Commentary on

New York Politics, Government, Courts, and Characters.

Trump's Economic Reset: Dismantling Bidenomics, restoring free markets, slashing regulations, and putting Main Street and America First.

TRUMP’S ECONOMIC RESET: MAIN STREET IS BACK! FROM BIDENOMICS TO THE NEW AMERICAN GOLDEN AGE

President Trump Eliminates Biden’s Proto-Fascist Economic Policies and Restores Free Market Prosperity

Trump's Economic Reset: Dismantling Bidenomics, restoring free markets, slashing regulations, and putting Main Street and America First.
Trump’s Economic Reset involves dismantling Bidenomics, restoring free markets, slashing regulations, and putting Main Street and America First.

By Richard Luthmann

President Donald J. Trump leads a bold economic reset, dismantling the disastrous Bidenomics failure and unleashing America’s full economic potential. The United States is once again a dynamic country, driven by private enterprise, not government bureaucracy.

While Radical Left Democrats and Sordid Detractors clamor about “Recession” and “Slowdown,” the American Economy is headed for a needed “economic procedure.”

President Trump is ensuring that the cancer of Bidenomics is excised and cut away. Wall Street and Big Tech grumble because their Biden-funded economic welfare package is being lopped off like USAID money for “Iraqi Sesame Street.”

The beneficiaries under Trumponomics are Main Street and the American people.

The New American Golden Age can finally begin.

BIDENOMICS: A PROTO-FASCIST ECONOMIC FAILURE

Bidenomics was not simply bad economic policy—it was proto-fascist corporatism. Under Biden, the federal government colluded with Big Business, Big Tech, and Corporate Media to control private industry while pretending to support free markets.

Fascism does not nationalize private property outright—it controls it through regulation and coercion.

Biden’s economic policies strangled businesses with excessive mandates, DEI requirements, Green New Scam subsidies, and regulatory overreach. Instead of rewarding competition and innovation, Bidenomics propped up corporate cronies while punishing small businesses and entrepreneurs.

Biden rewarded Wall Street sycophants while ignoring Main Street Americans.

The result? Soaring inflation, declining wages, and an economic environment hostile to growth.

TRUMP’S ECONOMIC RESET: RESTORING AMERICA’S FREE MARKET DYNAMISM

President Trump wasted no time dismantling Biden’s economic disaster. In his first 50 days, he has:

  • Slashed 1,200 burdensome regulations that strangled American businesses.
  • Eliminated the DEI racket that funneled billions to left-wing activists.
  • Revoked Biden’s Green New Scam subsidies, allowing energy markets to flourish.
  • Imposed tariffs on foreign imports to protect American jobs and industries.

“We need an economic reset, and that’s exactly what we’re doing,” President Trump declared. “We’re cutting the waste, restoring the free market, and giving America back to Main Street.”

WALL STREET VS. MAIN STREET: TRUMP PICKS A SIDE

Wall Street billionaires have played both sides for years, donating to Democrats while profiting from government handouts. Under Biden, this relationship flourished as the administration pursued economic policies designed to benefit its elite donors.

Trump’s America First economy prioritizes Main Street over Wall Street. He is shifting wealth back to small businesses, entrepreneurs, and the middle class by:

  • Cutting corporate taxes to bring back manufacturing and domestic production.
  • Reducing capital gains taxes to incentivize investment in American businesses.
  • Eliminating ESG mandates, freeing businesses from politically driven investment strategies.

Trump’s message to Wall Street is clear: “You will no longer run America. The American people will.”

A NEW TAX BILL: LOWER TAXES, MORE PROSPERITY

The Biden administration imposed tax hikes that choked business growth and drained American families.

President Trump’s new tax reform bill reverses those disastrous policies, cutting taxes across the board.

“We are giving people their money back and making America the best place in the world to do business,” President Trump said.

The new tax plan includes:

  • Lower corporate tax rates to keep jobs in America.
  • Middle-class tax relief to offset inflationary pressures.
  • Incentives for investment in American manufacturing and infrastructure.

TRUMP’S ECONOMIC RESET: DESTROYING BIDEN’S FASCIST ECONOMIC MODEL

Bidenomics mirrored the fascist economic policies of Francoist Spain and Mussolini’s Italy, where the government dictated the terms of business while pretending to allow private ownership. Under those regimes, corporations served the interests of the state, not the people.

In 1954, Francisco Franco abandoned Spain’s corporatist economic system, which had stifled growth through heavy state intervention and price controls. Instead, he embraced free-market reforms spearheaded by technocrats, many of whom were members of the Catholic organization Opus Dei. These reforms eliminated bureaucratic inefficiencies, deregulated industries, and encouraged foreign investment.

The results were staggering: Spain entered a period of rapid economic expansion known as the “Spanish Miracle,” which lasted until Franco died in 1975. Industrial output soared, tourism flourished, and living standards rose dramatically.

Although Franco maintained corporatist rhetoric for political purposes, real economic power shifted toward private enterprise. The transition proved that removing government interference and allowing the free market to function led to unprecedented prosperity—an economic lesson President Trump’s financial advisors are now applying to dismantle Bidenomics and usher in the New American Golden Age.

A similar dynamic unfolded under Biden. Big Tech censored free speech at the government’s request. Corporate media covered up corruption. Green New Scam policies funneled taxpayer money to donors and activist groups.

President Trump is tearing down this system.

“We are replacing this corrupt system with a free market that rewards hard work and innovation,” President Trump declared. “No more government picking winners and losers. No more rigged economy. No more crony capitalism.”

THE INVISIBLE HAND RETURNS: A TRUE FREE MARKET

Economists are already seeing market corrections as Biden’s artificial economic distortions are removed. There will be short-term turbulence, but President Trump is clear that this is necessary to restore a healthy American economy and real, sustainable growth.

TRUMP'S ECONOMIC RESET
President Trump and Commerce Secretary Lutnick

Commerce Secretary Howard Lutnick explained the economic transformation: “What you’re seeing is the market shedding Biden’s fake prosperity. That was a house of cards. Now, we’re seeing true economic realignment.”

The Invisible Hand of the free market is guiding America’s economic revival. Only the best businesses will thrive, not the ones subsidized by the government.

THE NEW AMERICAN GOLDEN AGE: AMERICA LEADS AGAIN

America is once again the envy of the world. Foreign leaders now seek economic leadership from Washington, not Beijing. Trump’s pro-business policies have already attracted $1.7 trillion in new investments to the U.S. economy.

“America is dynamic, thriving, and stronger than ever,” President Trump declared. “We will fight, fight, fight. And we will win, win, win!”

The New American Golden Age has begun, and under President Trump, the best is yet to come.

About The Author