I disagree, Trump is talking about bringing more jobs back to America and lowering taxed on everyone including poor and middle class. We can argue about whether that helps as much as the democrats, but i don't see any direct financial harm in the platform he's running on.
Besides, 1% benefitting the most doesn't mean the other 99% are harmed (although I don't believe trump is running on a platform that benefits 1% the most anyway)
The president doesn't create jobs; in cooperation with Congress, he attempts to create economic conditions favorable for job creation.
Trump's stated policies won't create jobs or make companies in-source.
For reference, here are some of his policies:
1. Bring China to the bargaining table by immediately declaring it a currency mainpulator.
2. Force China to uphold intellectual property laws.
3. Put an end to China's illegal export subsidies and lax labor and environmental standards.
4. Mandate a 15% tax for outsourcing jobs.
5. Place a 45% tariff on Chinese exports to the United states.
6. Rejects the Trans-Pacific Partnership.
7. Impose a 35% import tax on Mexican goods.
8. Impose a 20% tax on all imported goods.
Source.
In practice, all these actions will do are increase barriers to trade and raise the cost of goods in the United States. Will Trump's Republican Congress pass a raise in the minimum wage to counter this? In my opinion, these policies encourage
autarky. While this might be popular with low-skill, low-wage and industrial workers, these policies actually hurt the overall economy and large companies.
I know there's a strong anti-corporate sentiment on GAF, but the companies that have employed tens of thousands of workers in the post-war economy are export-driven. Now you may say, "Fuck Ford/Apple/Microsoft/Google/IBM/Boeing/Airbus/GlaxoSmithKline/Carrier/etc.!"; however, these companies and suppliers, employees, and consumers are all adversely affected by the policies Trump has outlined.
We joke on GAF, but these policies actually would lead to higher unemployment and inflation. Trump's policies may be populist, but populism isn't necessarily good for the economy.