Trump's Booming Economy Claim Contradicts Job, Gas, Stock Data
Dayton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Despite President Trumps optimistic State of the Union, recent data reveals a different economic picture. Job losses, rising gas prices, and a falling Dow indicate a slowing economy. Tensions with Iran have exacerbated inflation fears, which could reach three percent by years end. Unemployment for American-born workers has increased, contradicting claims that immigration curbs would boost hiring. Productivity has risen, but workers income share is at a record low. Overall growth has slowed under Trump, with inflation steady at around two point six percent. White House officials remain hopeful for better numbers ahead, despite ongoing tariffs and the Iran situation.
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