President Trump’s claim of declining grocery prices is contradicted by a recent Axios-Harris Poll. The survey indicates that nearly half of Americans find it harder to afford groceries compared to a year ago. This discontent may be fueled by rising prices for staples like eggs, ground beef, and coffee. With the majority of Americans perceiving the president as having a significant influence on the economy, these concerns could pose a challenge for the administration heading into the 2026 midterms.
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After redesigning the Oval Office with gold accents, including elaborate details on the fireplace and walls, former President Trump shared a video showcasing the opulent decorations. He claimed that visiting leaders are often impressed by the quality and beauty of the gold. The post sparked immediate criticism, with many users on social media labeling it out of touch given the ongoing economic struggles faced by Americans. Critics highlighted the contrast between the lavish décor and the increasing costs of groceries, along with broader financial concerns like healthcare and national debt.
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The article details President Trump’s repeated claims of a $17 trillion influx of foreign and domestic investment into the U.S. during his administration. Democrats, including Rep. Robert Garcia and Rep. Eric Swalwell, are questioning the veracity of these claims, citing the lack of official government knowledge and the vast discrepancy between Trump’s figures and the White House’s own estimates of $8.8 trillion. White House spokesperson Kush Desai has responded, calling the situation “astonishingly stupid.” The president insists the investments are due to tariffs.
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President Trump recently acknowledged that his trade policies, specifically the trade war with China, are negatively impacting farmers by hindering soybean sales. This admission arrives amid concerning economic indicators, including a loss of 32,000 jobs in September reported by ADP, potentially signaling further economic decline. These unfavorable economic conditions are further complicated by an impending government shutdown battle. Therefore, Democrats may be in a stronger position to negotiate in the shutdown standoff due to these mounting economic vulnerabilities for Trump and the Republicans.
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President Donald Trump has recently renovated the Oval Office with extensive use of 24-karat gold, as showcased in a video shared on his Truth Social account. The post boasts about the quality and aesthetic appeal of the golden additions. However, the lavish display was met with criticism on social media, with many users highlighting the economic struggles of Americans and contrasting them with the president’s extravagant renovations. Critics pointed out the perceived insensitivity of flaunting gold decorations while many citizens face financial hardships and healthcare challenges.
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California Governor Gavin Newsom responded to former President Trump’s proposal to impose tariffs on foreign-made movies with a succinct critique, characterizing it as “PAY MORE AND ENJOY NOTHING.” Trump’s plan, shared on Truth Social, cited the loss of American movie production to other countries, particularly criticizing California. This mirrors a similar proposal from May which caused stock market declines. While the impact of tariffs on foreign intellectual property remains uncertain, the proposal comes amidst economic concerns and rising consumer prices.
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The Finance Ministry is implementing tax increases and expanding the tax base to finance defense and security, including lowering the revenue threshold for reporting for small and medium-sized businesses and introducing taxes on gambling. These measures come as the economy cools and revenue from oil and gas sales decline. Facing economic challenges and previously aiming to replenish the National Welfare Fund, the Ministry now plans to adjust oil-related tax flows. The Ministry’s proposals were made shortly before the formal 2026 budget proposal is to be presented.
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New Zealand is easing immigration policies by introducing two new residency pathways to address workforce shortages and stimulate the economy. These pathways, slated for mid-2026, target skilled workers meeting experience and salary requirements, as well as those in trades and technical roles with specific qualifications and wage thresholds. This initiative follows previous changes to attract digital nomads and wealthy investors, although it has faced internal government dissent. While welcomed by some business groups, a minor coalition partner expressed concerns about the plan.
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At a recent gathering of CEOs, primarily Republican, many expressed concerns about the current administration’s policies. Despite initial support out of patriotic duty, business leaders voiced that Trump’s actions are undermining the economic foundations of the U.S. Two-thirds of the CEOs reported that tariffs have harmed their businesses, leading to uncertainty and investment hesitations. They also expressed disapproval of the administration’s economic interventions and foreign policy, fearing these moves benefit China.
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In an interview with Fox News, President Donald Trump criticized the network’s polling data on the economy, specifically the recent survey indicating that 52% of voters believe the economy has worsened under his administration. Trump suggested that Fox News should replace its pollster. These comments came amidst concerning economic reports, including a rise in unemployment to 4.3% and a slowdown in job growth. The survey, conducted by Beacon Research and Shaw & Company Research, revealed that the economy remains the top concern for voters, underscoring the significance of these polling results.
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John Q. Hosedrinker