Trump Tariffs to Cost Households $1,300 in 2026
#TradeTariffs #USEconomyA new study finds Trump's tariffs will cost the average U.S. household an extra $1,300 in 2026, marking the largest tax increase since 1993. The levies are projected to reduce GDP and face broad public disapproval. read more
Poll: Majority Say Economy Worsened Under Trump
#USEconomy #TrumpPollA new poll finds over half of Americans believe the economy has worsened under Trump, with 55% disapproving of his economic actions. This sentiment poses a significant challenge for his administration and upcoming political contests. read more
Young Workers Hit Hard by Burnout Crisis
#WorkplaceBurnout #USEconomyNearly a quarter of US workers report burnout, with Millennials most affected. Over half cite the struggling economy as the top job threat, and many feel underpaid. Workplace understaffing and poor growth opportunities exacerbate the issue. read more
Wealth Gap Defined: New Net Worth Benchmarks Reveal American Classes
#WealthBrackets #USEconomyA financial expert defines U.S. wealth brackets: poor is under $20,856 net worth, middle-class is $193,000, and wealthy is $3.8 million. These figures contrast with public perception and occur amid political debate over economic affordability. read more
Majority of Americans Believe US Economy is Worsening Under Trump
#USeconomy #Republicanviews39% of Republicans, compared to 8% last May, now believe the US economy is improving, while 51% of Americans overall think it is worsening. A Harris poll uncovers shifts in opinions post-Trump reelection, with many believing the economy is declining. read more
US Economy Ends 2024 on Strong Note, Growth Below Predictions
#USEconomy #InflationPressureThe US economy grew 2.8% in 2024, with a strong end to the year, but inflation pressures persist. Consumer spending increased, potentially due to Trump's tariff threats. Tariffs may have influenced big-ticket purchases, impacting economic growth. read more
Americans Feel Financial Strain Despite Positive Economic Outlook
#USEconomy #FinancialStrainDespite the U.S. economy being praised as the 'envy of the world', many Americans are not reaping the benefits, feeling financially strained due to high costs. Various communities express concerns about inflation, housing, healthcare, and financial security. read more