Trump Faces Low Economic Approval Before 2026 Midterms as Report Card Faults 4 Policy Areas
Updated
Updated · Paul Krugman | Substack · Nov 1
Trump Faces Low Economic Approval Before 2026 Midterms as Report Card Faults 4 Policy Areas
1 articles · Updated · Paul Krugman | Substack · Nov 1
Summary
A pre-midterm assessment says Trump’s weak economic standing stems less from collapse than from voters feeling misled on prices, affordability and his promised “Golden Age.”
Low unemployment and cooler inflation keep the economy from looking disastrous on paper, but the report argues household finances still feel strained—especially on health care—and that gap is driving anger.
The review centers on 4 policy areas where it says Trump has had the biggest economic impact: energy prices, immigration and deportations, tariffs, and health care.
It also argues the economy’s current problems are unusually tied to White House choices, while leaving tax cuts and the ballooning budget deficit for a later analysis because they have not yet gained much political traction.