"US President Donald Trump is promoting his nation's economic record, insisting prices are falling and investment is surging but the data, and rising cost-of-living pressures, tell a different story. Jillian Wolf checks the facts. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile"
"US President Donald Trump is promoting his nation's economic record, insisting prices are falling and investment is surging but the data, and rising cost-of-living pressures, tell a different story."
US President Donald Trump promotes the national economic record by asserting that prices are falling and investment is surging. Economic indicators, however, show rising cost-of-living pressures and do not uniformly support broad price declines. Consumer expenses have increased in multiple categories, reducing household purchasing power. Investment measures and flows do not uniformly reflect a surge in private-sector capital across the economy. Public statements about economic strength therefore diverge from measurable metrics on prices, wages, and investment trends. Observable data on inflation and living costs point to persistent financial strain for many households.
Read at www.aljazeera.com
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