{"id":68,"date":"2026-05-20T08:07:22","date_gmt":"2026-05-20T08:07:22","guid":{"rendered":"https:\/\/nextaddressamerica.com\/?p=68"},"modified":"2026-05-20T08:07:22","modified_gmt":"2026-05-20T08:07:22","slug":"former-aide-wall-street-is-now-regretting-voting-for-trump","status":"publish","type":"post","link":"https:\/\/nextaddressamerica.com\/?p=68","title":{"rendered":"Former aide: Wall Street is now regretting voting for Trump"},"content":{"rendered":"
\n

President Donald Trump\u2019s spending in his second term, which is on pace to reach $9 to $10 trillion by the start of 2029, is so bad that one of Trump\u2019s former aides believes a Democratic president would be impeached for it.<\/p>\n

Read more Donald Trump is not coming back from this<\/a><\/p>\n

\u201cIf Barack Obama had done half of what Trump is doing now, Fox News would have been calling for impeachment,\u201d Anthony Scaramucci, former White House Communications Director during Trump\u2019s first term, posted on X on Tuesday. <\/p>\n

\u201cTrump has no economic philosophy,\u201d he added. \u201cHe spent $8.2 trillion in his first term and he’s on pace for $9 to $10 trillion in this one. We’re at 100 percent debt to GDP held by investors \u2014 122 percent if you count the Fed’s balance sheet. Ray Dalio will tell you those numbers put you in sovereign debt crisis territory. And when that happens, the only way politicians are willing to pay for it is through inflation. Which is the cruelest possible outcome, because inflation is the worst tax you can impose on lower and middle income people.\u201d<\/p>\n

Earlier this month, Scaramucci even pointed out that his Wall Street friends are concerned about Trump\u2019s economic policies.<\/p>\n

“Trump is too dangerous,\u201d Scaramucci said at the time. \u201cIt\u2019s funny, all my Wall Street buddies voted for him and now they\u2019re regretting the fact,” later clarifying that “most of the people are.\u201d<\/p>\n

Read more No one can save Trump from himself this time<\/a><\/p>\n

“I\u2019m of the belief that prices are higher,\u201d Scaramucci said. \u201cWe have an oil crisis. He imposed illegal tariffs, which raised the pricing umbrella for all the lower-middle-income people that voted for him. He\u2019s put us in a very vulnerable state as a country and an economy. If you want to make the case that the banks have record profits in the short term, sure \u2014 but he\u2019s also suing some of the banking executives. You are losing the predictive capability of our justice system \u2014 what our civil rights are, what our free speech rights are. It\u2019s very, very bad for business.”<\/p>\n

Speaking with this author for Salon in 2018, Scaramucci explained that even then he was concerned about Trump reaching out to and connecting with voters who struggle economically.<\/p>\n

\u201cWhat I saw was in a generation we went from aspirational working class families, like the one I grew up in, to [desperate] working class families,\u201d Scaramucci said. \u201cWhat I saw is a decline in wages causing some level of economic asphyxiation for a very large group of people. And so Trump being out there, going into those areas, explaining the policies that he\u2019s going to put in place, and then executing on some of those policies. I mean it\u2019s not me saying, it\u2019s just go look at \u2018The Wall Street Journal.\u2019\u201d<\/p>\n

Read more Trump doesn\u2019t have to care about your pain anymore \u2014 thanks to John Roberts<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump\u2019s spending in his second term, which is on pace to reach $9 to $10 trillion by the start of 2029, is so bad that one of Trump\u2019s former aides believes a Democratic president would be impeached for it.\u201cIf Barack Obama had done half of what Trump is doing now, Fox News would have…<\/p>\n","protected":false},"author":1,"featured_media":67,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-68","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nFormer aide: Wall Street is now regretting voting for Trump - Next Address America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nextaddressamerica.com\/?p=68\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former aide: Wall Street is now regretting voting for Trump - 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