Summary
President Donald Trump claims he improved the U.S. economy after inheriting problems from the previous administration. He gave the economy a high personal rating despite many Americans feeling financial conditions are not as good. Various polls show a disconnect between his positive assessment and public sentiment.
Key Facts
- President Trump rated the U.S. economy an “A+++++” during a rally in Pennsylvania.
- He claims to have rapidly lowered costs after what he described as historic inflation.
- Polls show that 76% of Americans feel the economy is "not so good" or "poor."
- A New York Federal Reserve survey found worsening expectations for personal financial situations.
- Consumer confidence in November dropped to its lowest since April, according to a survey by the Conference Board.
- Some analysts argue the economy is struggling partly due to Trump's policies.
- Trump argues tariffs and energy initiatives have improved the economy.
- The White House claims there has been progress with lower gas prices and moderate wage growth.
