household debt

Trump Boasts Economy While Two-Thirds Fear Price Hikes

President Trump has expressed pride in the economy, claiming to have resolved the affordability crisis, despite widespread public concern over basic necessities. While projecting strong GDP growth, the administration’s claims of massive investment, such as the $18 trillion figure, have been questioned and lack clear explanation from economists. This comes as household debt has reached record highs and a significant majority of Americans report being “very concerned” about the costs of healthcare, food, and housing, with more believing the country is worse off due to his economic policies.

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