Economy

Wall Street Journal show, “It’s President Trump’s economy now, and voters are increasingly unhappy with how he’s handling it”. Mortgage rates are the lowest in three years with a 30-year loan at 6%. GDP was 4.3% third quarter an projected 5% fourth quarter. Inflation is 2.7% down from 5% average last four years Unemployment holding steady at 4.5% Wages up 1.7 percent higher than inflation Stock market at record highs Record private investments in manufacturing including AI Record investments by foreign companies Oil below $60 and gas below $3 Two reasons why the voters see the economy different from the data. First prices are not going down as promised and second according to Google AI Recent news coverage on the U.S. economy has generally been characterized as increasingly negative and sometimes disconnected from positive economic data, with studies showing a growing "unmooring" between media tone and fundamentals, even as some indicators improve, leading to public confusion and pessimism despite strong job growth and market performance