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Trump will make the lives of American Jews better, but they won’t thank him for it

Most Jews didn’t vote for Trump – but they’ll all benefit from him

December 31, 2024 09:59
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Former US president and 2024 presidential candidate Donald Trump leaves after speaking at a campaign rally in Claremont, New Hampshire, on November 11, 2023. (Photo by JOSEPH PREZIOSO / AFP) (Photo by JOSEPH PREZIOSO/AFP via Getty Images)
4 min read

America enters 2025 at a fork in the road. The next year will show whether November’s election result was a repudiation of a corrupt Democratic oligarchy or an embrace of the new, populist Republican Party. It will also reveal whether the Republican Party is defined by its foot soldiers, the pitchfork MAGA mob, or its funders, the libertarian tech bros. This being America, it’s usually best to follow the money.

The money has already followed America. In the month after Donald Trump’s election victory, foreign investors moved $140 billion into American stock funds. The markets are up. While the British economy circles the drain and the Eurozone edges into recession, Americans can expect modest economic growth in 2025. This alone will improve the mood.

The majority of Jewish Americans were on the losing side in November. That is no obstacle to them benefiting from the new administration’s policies. Jewish Americans will benefit from a growing economy. The Trump administration’s policies on immigration, crime and the radicalisation of the universities may, however, have far more significant effect on Jewish American life. They may even save Jewish Americans from themselves.

Jews are America’s most liberal demographic. They are disproportionately enthusiastic about Democratic wedge issues, especially abortion rights and the alphabet soup of sexual identities. They are disproportionately panicked by moderate displays of Christian faith, though queasily patronising about fanatical displays of non-Christian faith. They are on the wrong side of the immigration debate that will define the second Trump presidency.