Trump’s Historic Win- Not Really- Lowest of Popular Vote in Years. When you look at the map of the US and see all the red, you think wow.  But half of the US population did not vote for Trump. It shall be interesting if he improves our economy and achieves his goals (see below). The economy, men’s dislike of women in power and migration were the key factors in the election. Should be interesting to see what happens. Clearly he did not have an “unprecedented” mandate.

Trump -2024- 49.87%

Biden- 2020-51.3%

Obama-2012- 51.5%

George W. Bush -2004- 50.7%

George H. Bush- 1998- 53.2%

Ronald Regan- 1984- 58.8%

Ronald Regan in 1980- 50.7%

Jimmy Carter- 1976-50.1%

Sources

Percent of Votes

Popular Vote

Trump % of Popular Vote as of Nov. 21, 2024

Trump’s Campaign Promises- November, 2024

  1. Deport undocumented migrants
  2. Sweeping tax cuts, extending 2017 cuts
  3. Tips tax free
  4. Abolish taxes on social security
  5. Corporate tax rate at 15%
  6. Tariff of 105 on most foreign goods
  7. 60% tariff on China goods
  8. Cut Climate regulations- increase production of US fossils fuels
  9. Open Arctic wilderness to oil drilling
  10. End Ukraine War within 24 hours- end it before inauguration day
  11. End violence in Lebanon
  12. Encourage Israel to end war
  13. Trump said he would NOT sign into law a national abortion ban- let states decide
  14. Pardon some January 6 rioters
  15. Fire special counsel Jack Smith
  16. Cut federal funding to schools that teach critical race theory and transgender matters
  17. Roll back Biden’s electric vehicle incentives- roll back an EPA rule
  18. Replace Obamacare
  19. Expand child tax credit
  20. High profile roles for Elton Musk and Robert F. Kennedy Jr

What Trump inherited- November 5, 2024

  1. Fed lowering rate another ¼ point
  2. Unemployment at 4.1%
  3. Inflation- 2.44%
  4. Immigrants- 14.3% of population
  5. Undocumented immigrants- 11.7 million
  6. Current gas prices- $3.20
  7. Current USA Debt- $35.5 trillion
  8. Current interest rate- 30 year fixed 6.92%, 15 year- 6.18%
  9. Current trade weighted average import tariff- 2%of industrial goods, ½ enter the US duty free
  10. Trade balance- trade gap is $773.4 Billion
  11. Building permits in 2023- 920,000 for single family homes