POLITICUSUSA
More and more Americans are losing confidence in President Donald Trump’s ability to handle the economy, according to the latest Gallup poll that found his economic approval rating has dropped to 47 percent in June, a 16-point decrease from numbers reported at the beginning of the year. The poll was the first to show an economic approval rating below 50 percent since November 2017 (when 45 percent of Americans approved).
Dr. Anthony Fauci has warned that reopening the country prematurely will backfire. He was responding to recent protests against social distancing measures in some states.
Fauci spoke to Good Morning America‘s George Stephanopoulos on Monday. He didn’t criticize the protests directly but his message to those opposed to Coronavirus restrictions was clear.
President Donald Trump did not consult every member of the Coronavirus task force before sending a letter about potentially relaxing social distancing measures.
CNN’s Jim Acosta reported on Thursday that President Trump sent a letter to governors about easing restrictions without showing the letter to the entire group of experts.
If you feel like you are in a crisis situation, and need help or someone to talk to, call the National Suicide Prevention Lifeline, at 1-800-273-TALK (8255).
One of the reasons why President Donald Trump wants to end social distancing practices set up in place to deal with the coronavirus pandemic is to stave off an increase in the rate of suicide, brought about, he claims, because of an economic recession due to businesses being shuttered down.
In the past few days, President Donald Trump has made clear his desire to put a quick end to the practice of social distancing in order to combat the threat of coronavirus — a move that health experts agree is premature.
Over the past weekend, in an effort to inject a boost to an already fragile economy and stock market, the Federal Reserve dropped interest rates down to zero percent.
It was a demand that President Donald Trump had frequently made of the Fed for several months. In recent weeks, Trump also implied that the move would help stave off more drops in the stock market, as the world grapples with the economic fallout from the coronavirus pandemic.
The coronavirus outbreak is officially a global pandemic, and policy experts around the world are expressing significant concern over how the virus, which has claimed 4,729 lives worldwide according to the most recent official count, will impact global economies.
President Donald Trump certainly likes to spin news headlines to create an image that is favorable to him.
That’s a mighty difficult thing to do during a global outbreak in which coronavirus, or COVID-19, has affected hundreds of thousands of lives, and resulted in the deaths of thousands across the globe.
Former President Barack Obama reminded everyone who is really responsible for the current economy with a single tweet marking the anniversary of the Recovery Act.
When Donald Trump tweets something patently racist, as when he tweeted the squad of four should go back where they came from or when he derided Baltimore as “rat and rodent infested mess,” media pundits can spend days debating whether or not Trump is racist.
Can we call an economy “successful,” if people living within it are being harmed, not served?
A special report from the Washington Post has revealed that in order to stimulate economic growth, Donald Trump made risky changes in financial rules that could backfire at any time.
Trump took the steps so he would look good and receive high approval ratings due to a booming economy.
Nearly two-thirds of Americans say their finances have not improved since Donald Trump was elected president nearly two years ago. According to the Bankrate 2018 midterm election survey only 38% of respondents say they are better off financially now than they were in November of 2016.
The White House let Trump speak to reporters for an eight and a half minutes and the result was a portrait of a president who is untethered from reality.
By Stephen Culp
NEW YORK (Reuters) – U.S. stock index futures extended losses in post-market trading late Monday after President Trump announced a new round of tariffs on about $200 billion worth of Chinese imports.
Senate Democratic Leader Chuck Schumer (D-NY) and Sen. Martin Heinrich (D-NM) introduced legislation that would require the Trump administration to release wage growth data with quarterly GDP numbers.
"African American unemployment is at record lows. And that would not have happened had the president not ... signed into law the tax cuts and jobs act."
Trump seems to believe – or at least want you to believe – that this rosy economic picture came out of nowhere, thanks to him.
Either the businessman president doesn't understand basic economics or he is intentionally misleading the American public.
Nobody wants to be seen within the same zip code as this president, particularly after he spent the past week defending white supremacists and Nazis.