"Trump put dollars and cents at the heart of his speech, suggesting his aides, who have been pushing him for weeks to speak more about the economy, have prevailed for now. He offered a broad-based sweep of kitchen-table economic issues - housing, health care, utility bills, crime, retirement - but he again stopped short of acknowledging that many Americans are still struggling with the high cost of living, including food and house prices."
"In Trump's telling, inflation, mortgage rates and gas prices are falling, while the stock market, oil production and foreign direct investment are booming along with construction and factory jobs. But government data shows inflation ticked up last year, while the economy lost factory jobs and overall job creation was anemic."
"Voters tell pollsters they are anxious about the economy and are dissatisfied with Trump's handling of the issue. Fifty-six percent disapprove of his handling of the economy, Reuters/Ipsos polling shows, while 36pc approve."
Trump delivered a speech emphasizing kitchen-table economic issues including housing, healthcare, utility bills, crime, and retirement. He claimed inflation, mortgage rates, and gas prices are declining while the stock market and job creation are booming. However, government data contradicts these claims, showing inflation increased, factory jobs declined, and overall job creation remained weak. Despite some price drops in specific items like eggs, food and housing costs continue rising broadly. Voter polling reveals 56% disapprove of Trump's economic handling versus 36% approval. Trump also employed wedge issues, arguing Republicans deserve continued congressional control based on their handling of the economy, immigration, and public safety, while making visceral appeals against Democratic politicians.
#economic-policy #inflation-and-cost-of-living #political-campaign-strategy #voter-sentiment #congressional-elections
Read at Irish Independent
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