Assuming independent, the Fed responsibility of lower inflation is higher than employment. They might tolerate some inflation for employment but we can only tell after the effects of tariffs kick in and we see the new inflation numbers.
One would have to be a moron or literally mentally ill to "believe in these policies,"
either having no understanding, or, having invested in some delusional confabulated make believe universe where the fundamental order of our civilization is collectively reworked (including by enemies and competitors at every scale) in a context of rapidly degrading climate, to suit your ideology.
Trump says anything he can think of and then whatever people respond to he goes with.
That + the last person to discuss something with him are his two leading decision making policies.
Playing devils advocate, I think most people thought the incoming tariffs were going to be a lot smaller, also maybe assumed there would be an industrial policy.
Followed by 2021-2024, where all the adults in the room were talking to the press, explaining how hard they had to work to convince Trump why he shouldn't carry out his worst ideas.
Followed by all of those people getting fired in January of 2025, and replaced by lickspittles, sycophants, and other flavors of yes-men.
There's no way that someone who surrounds himself with the kind of cabinet that he does, or reacts to criticism and feedback the way he does is going to be making good decisions.
For what it's worth, the economy grew under Trump 1.0. This second one is just not making decisions himself, with policy noticeably varying based on who is physically around him [1].
I won't be surprised to learn in a few years that he's being stage managed as tightly as Biden was in his final months in office.
[1] https://www.wsj.com/politics/policy/trump-tariff-pause-navar...
From Wikipedia: “He was hired by Soros Fund Management, eventually becoming the head of its London office. In this role, in September 1992, he was a leading member of the group that profited by $1 billion on Black Wednesday, the British Pound sterling crisis.”
When you're part of a circus, sometimes the least-bad option is a relative win.