Trump Keeps Gambling With the Economy — And Getting Away With It
Despite Trump's policies and global uncertainties, the U.S. economy remains surprisingly resilient, though public opinion reflects disapproval of his economic handling.Summary
The U.S. economy continues to perform well despite challenges posed by Trump's policies, including tariffs and political instability, and external factors like the conflict in the Middle East driving up oil prices. While some sectors, like manufacturing and small businesses facing import taxes, are struggling, and household debt delinquency is rising, overall macroeconomic indicators remain positive. Experts like Bernstein suggest this resilience demonstrates the economy can withstand policy experiments, like tariffs. However, risks remain, including potential disruptions from artificial intelligence and further increases in oil prices. Despite the economic stability, public opinion polls reveal low approval ratings for Trump's economic management, suggesting vulnerability if the economy falters.
(Source：Politico)