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Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him
- A surprisingly strong August jobs report (162,000) didn’t please Trump — he angrily blamed the Fed, markets and trade partners for inflation rather than celebrating the gain.
- The economy has grown only about 2% annually versus his promised boom, and his economic approval has slipped (around 32%), hurting voter confidence.
- Tariffs, threats to cut foreign trade and a rising national debt (now over $40 trillion) are contributing to higher interest rates and political risk.
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