You can look at the charts over the last year and see how the Biden/Harris administration was spending and working with the Fed to promote more economic illusion going into the election. That was the whole point of the rate cuts. That really must come to an end.
There is a danger that comes with taking away the punch bowl. It could mean a panic by the bond market and a push by the media to announce the Trump Recession.
This is why it is imperative that the Trump team move quickly to explain that right now, the economy is in much worse shape than has been advertised. The pit is very deep and it would be good to dial back expectations of a quick recovery.