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Donald Trump lives here and now. The performing artist focuses on the President in eight decades often in controversial judgments: bankruptcy and divorces, and unlikely comeback that has assembled the White House.
But here's the thing about the life of this devil-Mai-care approach: it can reward the hedonist gift, but do not take into account the inevitable future. The immediate stimulus and the course discount are often unsuitable and the legacies are not triggered in a short queue. In addition, the negative results tend to last longer than positive.
Therefore gaming Trump is play The economy is so blatant with his legacy. When Dow opened on Monday, it was about 6% of Trump's first full -time day – and that was the progress of last month. The markets have shook the uncertainty released from this White House, as it threatened the world tariff regime worldwide, directed China with even more steeper import duties that it now suggests, perhaps evaporating in a short period of time, and teasing trade transactions as fast as this week with other nations. Turnum has left the economy in the instability and the Americans notice.
Which explains why he accuses Joe Biden of all the economic concerns of the country, even if the idea that his predecessor is guilty is becoming more absurd every day.
Last week, after the Trump Trade Department published a report showing that the US economy decreased during the first three months of the year – before Trump triggered tariff tariffs – Trump took responsibility. “It's a bidel and you can even say that next quarter is a kind of bidet,” said During the office meeting.
At other points, he seems to be satisfied with the accusation of Jerome Powell, chairman of the Federal Reserve, although it has not moved the needle.
However, worries about the recession are increasing and Trump's best efforts to evade responsibility do not work.
“I think the good parts are Trump's economy and the bad parts are Biden's economy,” notice On Friday, “Meet the press”. Moderator Kristen Welker asked if he agreed to send the economy to the economic downturn as a long -term improvement, he kept him. “Look, yes, it's – everything is fine,” he said. “What are we – I said it is a transition period. I think we will be fantastically.” When asked if the recession was coming, Trump seemed indifferent: “Something could happen.”
The usual ones do not come out of nowhere. They are often a trembling Consumer self -confidence and anxiety grow, regardless of whether these feelings are justified or not. Currently, the confidence of consumers is lower If even during a major economic downturn and frightened consumers mean consumers. Their dollars heat about 70 cents per dollar and are currently holding their wallets.
To listen to voters, they put it directly on Trump in a way they have never before. Take the latest NPR-PBS Marist survey: 60% of Americans said the current economic situation is the result of Trump's policy. Compare the results of the same poll at that time Barack Obama's first term of office when he took only 14% of the voters full of complete recession.
Trump likes to be a vigorous champion of the universe, a titanium who can bend reality to his whims. A masterful salesman, he has convinced the Legion of Americans in this wrong reality. But these same Americans look around and see some gloomy truths pouring when the stock sinks, supply chains begin to break down and prices rise. They are worried and are looking for someone to blame. If Trump wants to be an almighty Colossus, he must also be a blame if Americans want to find a ship for their anxiety. Trump wanted a big prize back. Now he has to take it for another term.
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