David Sacks: Why Do I Support Trump?
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David Sacks: Why Do I Support Trump?
I believe President Trump can lead us back on track.
Navigating Web3 tides with focused insightsAuthor: David Sacks
Translation: TechFlow
This article consists of a series of posts David Sacks published on X in June this year.
Interestingly, Elon Musk expressed support in the comment section of these posts.
Everything has its roots. Below is the full translated text.
As many media outlets have reported, tonight I will be hosting a fundraising event at my home in San Francisco for President Donald J. Trump.
In recent years, I've hosted events for presidential candidates Ron DeSantis, Vivek Ramaswamy, and Robert F. Kennedy Jr., as well as various congressional members from both parties. I’ve financially supported many individuals, but rarely offered formal endorsements.
Today, however, I am announcing my endorsement of our 45th president, Donald J. Trump, in his campaign to become the 47th president. My decision rests on four critical issues—matters vital to America’s prosperity, security, and stability—on which the Biden administration has gone seriously off track, and where I believe President Trump can lead us back.
1. Economy
When President Biden took office, the U.S. economy was already recovering strongly from the shock of the pandemic in Q2 2020. Demand had rebounded, and the labor market was healing. Yet he chose to further overstimulate the economy with additional pandemic-related spending—including a nearly $2 trillion package passed in March 2021, followed by trillions more for “infrastructure,” green energy, and the so-called “Inflation Reduction Act.”
Larry Summers, former Treasury Secretary under Clinton, warned early that this would trigger inflation—but the Biden administration pushed forward anyway. When inflation emerged, they dismissed it as “transitory.” Even after the fastest interest rate hikes in decades, inflation remains stubbornly high.
Due to inflation during the Biden years, the average American has lost about one-fifth of their purchasing power over the past few years. Moreover, anyone needing a mortgage, auto loan, or credit card now faces significantly higher interest costs, further eroding their financial strength.
The federal government faces the same problem: it must now pay over $1 trillion annually in interest on its $34 trillion debt—a sum that grows by $1 trillion every 100 days. This trend is unsustainable, yet Biden’s 2025 budget proposes even more spending increases.
Economic growth has slowed from 3.4% in the final quarter of 2023 to just 1.3% in the first quarter of this year. We cannot afford another four years of “Bidenomics.”
2. Foreign Policy / Ukraine War
When President Trump left office, ISIS had been defeated, the Abraham Accords were signed, and there were no new major wars erupting globally. Three and a half years later, the world is in turmoil—and some of President Biden’s strategic choices are to blame.
In his first year, Biden needlessly alienated Saudi Arabia, only to later realize they are indispensable partners in the Middle East. He also oversaw a chaotic withdrawal from Afghanistan (the policy direction was right, but the execution was disastrous).
Yet his greatest failure lies in Ukraine. His administration immediately pushed for Ukraine’s NATO membership, despite lack of consensus among existing NATO members. Predictably, this provoked Russia, and the Biden administration repeatedly insisted at key moments that “NATO’s door is open to Ukraine and will remain open.” President Biden himself further inflamed tensions by rejecting any notion of Russian “red lines.”
After the invasion began, there was still an opportunity early on to stop the war and minimize loss of life and destruction. Ukrainian and Russian negotiators drafted an agreement in Istanbul that would have seen Russia retreat to pre-invasion borders in exchange for Ukrainian neutrality. But the Biden administration rejected the deal and ignored General Milley’s November 2022 recommendation to pursue a diplomatic solution.
As the war drags on, Ukrainians face mounting casualties and shattered infrastructure. Yet President Biden continues allowing escalations, risking a Third World War. Every escalation he initially resisted—Abrams tanks, F-16s, ATACMs, permitting strikes inside Russia—he eventually approved. Only one step remains: direct NATO ground forces fighting Russia. And our European allies, such as Emmanuel Macron, are already anticipating exactly that.
Under Biden’s leadership, our options are reduced to either waging proxy war until the last Ukrainian dies—or entering the war ourselves. President Trump has said he wants to end the bloodshed in Ukraine through negotiations. While Ukraine may no longer get the deal we urged them to accept in April 2022, we can still work to preserve Ukraine as an independent nation and prevent a global war.
3. Border
As an immigrant myself, I deeply believe in America’s historic strength: welcoming talented people from other nations to strengthen our country. But fulfilling this promise requires an orderly, legal immigration system focused on skills and adherence to American principles—the very approach pursued under President Trump.
Upon taking office, Biden implemented a de facto open-border policy. On his first day, he rescinded Trump-era executive orders restricting illegal immigration, halted construction of the border wall, and even sold parts of it as scrap metal. This quickly led to a surge in illegal crossings, plunging the southern border into chaos and danger.
President Biden—alongside the inept Kamala Harris and malicious DHS Secretary Alejandro Mayorkas—responded to growing public concern by misleading Americans, claiming there was no border crisis, despite constant video evidence of massive crossings.
When the situation became impossible to ignore, Biden claimed he lacked executive authority to fix it and blamed Republicans for not passing legislation. Yet this week, facing poor poll numbers on the issue, Biden suddenly discovered he *does* have executive power. His newly signed order is a weak and belated attempt to slow the flow before the election. But Biden has already shown he isn’t serious. If re-elected, the open-border policy will resume, and millions more illegal immigrants will flood in.
4. Weaponized Lawfare
One cornerstone of America’s political stability over the past 250 years has been the principle that we do not win elections by imprisoning political opponents. Yet since Biden took office, he has advanced selective and unprecedented prosecutions against both past and potential future rivals.
Merrick Garland carefully reviewed the January 6 events and found no grounds to charge Trump—even as a one-sided congressional committee submitted highly biased recommendations to his Justice Department. News reports later revealed Biden was disappointed by Garland’s hesitation. Ultimately, federal prosecutor Jack Smith and state-level prosecutors Alvin Bragg and Fani Willis stepped in. All brought charges based on unprecedented legal theories, explicitly targeting Trump. In New York, Bragg repackaged a long-dormant bookkeeping misdemeanor into 34 felony counts, alleging an underlying second crime he never clearly defined—and the judge did not require jury unanimity on which crime it was.
I immigrated to America as a child because my parents opposed a government that resolved political disputes by jailing opponents. The irony is that the kind of lawfare we fled is now emerging in the United States.
President Biden repeatedly claims that Trump’s return to the White House would threaten democracy. Yet it is his own administration that has partnered with tech platforms to censor the internet, used intelligence agencies to cover up the Hunter Biden laptop scandal, and launched selective prosecutions against political opponents.
Conclusion: An A/B Test
Voters have experienced four years each under President Trump and President Biden. In the tech world, this is called an A/B test. On economic policy, foreign policy, border policy, and the fair administration of justice, Trump delivered better results. He is the president who deserves a second term.
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