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Dulcinea

(9,149 posts)
Mon Aug 4, 2025, 08:02 AM Aug 4

Trump's Next Job: Selling Skeptical Americans on His Economy

(Bloomberg) -- Six months into his comeback term, Donald Trump has taken full ownership of the US economy. For better or worse, his party must now sell it to voters.

The president has hailed the world’s “hottest” economy – and found others to blame for any wobbles. When Friday’s jobs report showed a dramatic slowdown in hiring, he fired the head of the agency that published it. He’s pinned some frustrations on his predecessor Joe Biden, and continues to berate the Federal Reserve for what he considers too-high interest rates.

But for political purposes, his takeover has now been cemented — after passage of the “One Big Beautiful Bill” tax-and-spending law, and the latest phase of his global tariff rollout. Commerce Secretary Howard Lutnick trumpeted the transition: “The Trump Economy has officially arrived,” he posted on social media.

The question is whether Americans like it. Next year Trump’s economic record will be on the midterm ballot. Polls suggest voters are unhappy with the tariffs and tax plans — potentially giving Democrats an opening. The loss of GOP majorities in Congress could stall Trump’s legislative agenda and expose him to impeachment efforts, as it did in his first term.

https://finance.yahoo.com/news/trump-next-job-selling-skeptical-140000477.html

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Trump's Next Job: Selling Skeptical Americans on His Economy (Original Post) Dulcinea Aug 4 OP
I really hate the articles that start with the premise that Trump is a competent, rational person tanyev Aug 4 #1
I used to have a political cartoon taped to my wall titled "Leading economic indicators" Yo_Mama_Been_Loggin Aug 4 #2

tanyev

(47,806 posts)
1. I really hate the articles that start with the premise that Trump is a competent, rational person
Mon Aug 4, 2025, 08:21 AM
Aug 4

and this is all just politics as usual. 😠


This is not a complaint that you posted it, it is a complaint that our media is so useless

Yo_Mama_Been_Loggin

(128,749 posts)
2. I used to have a political cartoon taped to my wall titled "Leading economic indicators"
Mon Aug 4, 2025, 12:53 PM
Aug 4

The first frame was titled "Theirs" and it showed two economists in front of some charts arguing. The next frame sad "ours" and it showed a guy looking at what he had in his wallet.

I think that sizes up what's going on now.

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