The Trump administration comes into power with many policy goals, including economic initiatives like enacting significant tax cuts; imposing broad-based and significant tariffs; sweeping raids, mass deportations and tighter immigration controls;
This dichotomy shows up neatly in the latest University of Michigan consumer sentiment data. The sentiment index for Republicans jumped from 53.6 in October to 69.1 in November, putting it at the highest level since shortly after President Joe Biden took office in 2021.
In analyzing the loss, Harris’s team also credits the Trump campaign with reaching sporadic voters, especially young men, through new media channels.
The first reading of the S&P U.S. services index climbed to a 32-month high of 57.0 in November from 55 in the prior month. Senior executives said the prospect of lower interest rates and a more pro-business White House made them more optimistic.
Every four years, we elect a new president to lead our nation. Also referred to as "the leader of the free world," this person is often judged and associated with how the economy is doing when
Liberal journalists are rich and isolated in a bubble full of rich journalists. It is no surprise that they didn't understand how voters viewed the economy.
President-Elect Donald Trump’s mass deportation plan for undocumented immigrants could have wide-ranging impacts across the country, particularly in Florida.
A mass deportation could hurt the economy in the Houston area, which is believed to be home to nearly 600,000 immigrants living here illegally.
"The U.S economy is the envy of the world," said Rutgers Business School finance professor Parul Jain. "Why didn’t that message get through to the electorate?” “There’s always a big lag between objective economic indicators and public opinion ...
Nearly 2 million undocumented immigrants are the backbone of some industries, and they pay billions in taxes for services they never receive.
The Republican sweep of the 2024 election sets the economy on course for potentially faster economic growth, higher inflation, and higher interest rates in the years to come, according to several economic forecasts.
The Morning Joe panel discusses the outcome of the 2024 presidential elections and the road ahead for the Democratic Party.