Trump Economy Archives

Over Half of Americans Think Economy Is Bad

October 3, 2025 Buck Banks

59%

A new CBS News poll finds 59% of Americans say the economy is “getting worse” and 52% describe the job market as “bad.”

Hiring Is Down, Unemployment Is Up

September 6, 2025 Buck Banks

22,000

The U.S. added 22,000 jobs in August, according to data from the U.S. Bureau of Labor Statistics, reports ABC News. That figure showed a sharp decrease from 79,000 jobs added in the previous month. The unemployment rate ticked up to 4.3%, but it remained at a historically low level.

Trump’s Tariffs Will Cost Americans $2,400 This Year

August 4, 2025 Buck Banks

$2,400

The Yale Budget Lab says the new tariff rates President Trump announced late Thursday are the highest in nearly a century and will cost the average family about $2,400 this year, Axios reports. After blending the various rates assigned to different countries, the average tariff now stands at 18.3%, the highest since 1934.

Most See Trump’s Economy Getting Worse

August 2, 2025 Buck Banks

50%

A new Times/YouGov poll finds few Americans say they are better off under President Trump and most think the economy is getting worse. “Trump pledged to bring inflation down immediately and ‘make America wealthy again’ but only 13 percent of survey respondents said they were feeling any financial benefit. Some 50 percent thought the economy was worsening and only 24 percent that it was improving.”

U.S. Economy Shrunk in First Quarter of Trump’s Second Term

April 30, 2025 Buck Banks

0.3%

The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the Associated Press reports. First-quarter growth was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before Trump imposed massive tariffs.

Half of Americans Worried About Their Finances

April 23, 2025 Buck Banks

53%

A new Gallup poll finds that 53% of Americans believe their financial situation is worsening. That figure marks the first time since 2001 that the majority of Gallup’s respondents expressed fears that their finances are not improving.

Trump’s Imperial Presidency

April 15, 2025 Buck Banks

About Trump’s imperial presidency, here’s the thing —
He could wear a crown and ermine coat and fancy ring,
But he doesn’t know what he’s doing,
And with millions of lives he’s screwing,
And we’re finding that it really sucks to have an incompetent king.

‘Worst Self-Inflicted Wound’ Ever

April 11, 2025 Buck Banks

$4,000

“This is the worst self-inflicted wound that I have ever seen an administration impose on a well-functioning economy.”

— Former Federal Reserve Chair Janet Yellen, who said President Trump’s shifting tariff policy has increased the odds the U.S. will enter into a recession, the Wall Street Journal reports.“Yellen said the Trump administration’s tariff policies could cost the average U.S. household $4,000 a year.”

Nearly Two-Thirds of Americans Disapprove of Trump’s Tariffs

April 9, 2025 Buck Banks

58%

A new Navigator Research poll finds that the share of Americans who say the economy is “getting worse” is now higher than it was before Donald Trump won the election in November 2024, and that 58% of Americans disapprove of his tariffs, while only 30% approve.

Worst Self-Inflicted Wound Ever

April 7, 2025 Buck Banks

59%

A new CBS News poll finds 59% of Americans say the economy is “getting worse” and 52% describe the job market as “bad.”

22,000

The U.S. added 22,000 jobs in August, according to data from the U.S. Bureau of Labor Statistics, reports ABC News. That figure showed a sharp decrease from 79,000 jobs added in the previous month. The unemployment rate ticked up to 4.3%, but it remained at a historically low level.

$2,400

50%

0.3%

53%

A new Gallup poll finds that 53% of Americans believe their financial situation is worsening. That figure marks the first time since 2001 that the majority of Gallup’s respondents expressed fears that their finances are not improving.

$4,000

“This is the worst self-inflicted wound that I have ever seen an administration impose on a well-functioning economy.”

58%

A new Navigator Research poll finds that the share of Americans who say the economy is “getting worse” is now higher than it was before Donald Trump won the election in November 2024, and that 58% of Americans disapprove of his tariffs, while only 30% approve.

“This is the biggest self-inflicted wound we’ve put on our economy in history… Until we have a reversal, I think we’re going to have a real problem.”

—Former Treasury Secretary Larry Summers, quoted by Politico.

Poetic Justice

Pushed out over pushups ...

Verbatim

— Charlie Cook

“Sharia law seeks to destroy and supplant the pillars of our republican form of government and is incompatible with the Western tradition. The use of taxpayer-funded school vouchers to promote Sharia law likely contravenes Florida law and undermines our national security.”

— Florida Attorney General James Uthmeier, introducing an Islamic law scare into the public discourse via an X post magnifying claims that state universal school choice dollars were paying for instruction in Sharia in Tampa charter schools, reported Florida Phoenix.

“I’m the speaker and the president.”

— President Trump, quoted by the New York Times, noting how he’s marginalized Speaker Mike Johnson.

Numerati

1.1 million

$279 billion

18

“President Donald Trump littered his new ’60 Minutes’ interview with a wide-ranging assortment of false claims, the vast majority of them previously debunked,” CNN reports. “We counted at least 18 inaccurate assertions.”

~42 million

$14 billion

“The U.S. economy will lose between $7 billion and $14 billion due to the federal government shutdown, according to a new report released by Congress’s nonpartisan bookkeeper,” the Washington Post reports.