Polls Show Concern Over Trump's Economic Performance Despite Approval Spike
#Trump #economyPolls show cracks in Trump's once-solid economic reputation with a decline in Americans' belief in his ability to lower prices. Despite Trump's high approval ratings, dissatisfaction with his economic policies, such as tariffs, is growing. read more
Americans Displeased with Trump's Economic Policies and Tariffs
#Trump #economyAmericans are dissatisfied with President Trump's economic policies and tariffs, as shown by recent polls. Over half disagree with his handling of the economy, with concerns about tariff impact on cost of living. Commerce Secretary supports policies, despite predictions of a possible recession. read more
Rob Schmitt: Market Plunge Could Help Average Americans Prosper
#USPolitics #EconomyNewsmax anchor suggests market crash might benefit the working class amidst inflation, praising Trump's economic changes. Fox also debates economic uncertainty due to tariffs and cuts. Schmitt argues for a "nosedive" in stocks to relieve inflation, stating it would help the working class. read more
Trump's Treasury Secretary Attributes Economic Slowdown to Government Spending
#USpolitics #economyTrump's Treasury Secretary, Scott Bessent, dismisses the economic slowdown as a necessary "detox" due to the transition from government to private sector spending. The administration's focus on private spending prompted him to call for a natural adjustment in the economy. read more
Fox Anchor Blames Biden for Potential American Recession in Interview
#USpolitics #economyMaria Bartiromo warns of a potential recession in the US, attributing it to Joe Biden. She criticizes Trump's handling of tariffs and predicts tough times ahead. Economic indicators suggest a decline, with discussions on interest rate cuts and consumer spending. read more
"U.S. Economy Adds 151,000 Jobs, Unemployment Rate Increases Slightly"
#USpolitics #economyThe US economy adds 151,000 jobs, falling short of the predicted 160,000, leading to a slight increase in unemployment under President Trump. Job creation slowed in both federal and private sectors, raising concerns about economic growth and potential interest rate changes. read more
Trump threat of steep tariffs faces economic backlash and criticism
#Trump #EconomyDonald Trump spoke about the economy at the Circa Resort and Casino in Las Vegas before departing on 25 January. Experts warn that his proposed tariffs could lead to increased inflation, decreased economic growth, and consumers bearing the brunt of the cost. read more
U.S. Unemployment Drops, Job Growth Surges in December
#USjobs #economyIn December, the U.S. saw a surprising surge in job growth with the addition of 256,000 jobs, dropping unemployment to 4.1%. Despite good news, rising interest rates may impact homebuyers and businesses. The unexpected job increase may influence Federal Reserve's interest rate decisions. read more
President Biden touts strong economy and cautions against trickle-down economics
#Biden #economyPresident Biden warns Trump against dismantling the strong US economy he leaves behind, advocating for a bottom-up approach. He cautions against high tariffs and tax cuts for the wealthy that could harm Americans' finances. read more
Argentine President Milei's Economic Reforms Reshape Country's Future
#Argentina #EconomyArgentina's President Javier Milei, a libertarian, has been in office for a year, implementing shock measures to reshape the economy. Supermarkets faced daily price hikes as the country teetered on hyperinflation, but Milei's austerity measures have shown signs of improvement, though challenges remain. read more
US Inflation Rise Spurs Policy Debate Amid Positive Economic Indicators
#USinflation #economyIn the US, inflation decreases have stalled, with consumer prices rising again. In October, prices went up by 2.3%, indicating a slowdown in the decline from a peak of 7% in mid-2022. Economists are now unsure about further rate cuts. read more
Immigrant Labor Boosts Economy, Provides Opportunities for Native Workers
#Immigration #EconomyData reveals that migrants are not taking 'Black jobs' or 'Hispanic jobs,' contradicting Trump's claims. Trump vows extensive deportations, but economists warn this could cost up to a trillion dollars and raise living expenses. Immigrant labor boosts the economy and creates opportunities for native workers. read more
US Labor Market Sees Slowdown with Rise in Unemployment
#USjobs #economyIn Sunrise, Florida, a job fair was held on 26 June 2024, as US job growth weakened. In July, the economy added 114,000 jobs, below expectations, causing a rise in unemployment to 4.3%. Wall Street reacted negatively, with the S&P 500 and Nasdaq dropping. read more