Americans feel ‘absolutely miserable’ about Trump's economy

Economy & Inflation - The US economy is viewed with skepticism by a majority of Americans, with concerns about its potential decline [1] - Inflation remains a persistent issue, exceeding the Federal Reserve's targets, while fiscal deficits are unusually high for this stage of the business cycle [3] - Some believe current policies, including government spending and tariffs, may exacerbate inflation and affordability challenges [5] - Affordability is emerging as a significant concern for Americans [6] - Real wages are not keeping pace with inflation, impacting the living standards of average workers [8][10] Public Sentiment & Presidential Approval - A significant portion of Americans feel financially worse off compared to the previous year [13][14] - Consumer confidence is near its lowest levels, comparable to periods of recession and financial crisis [15] - The President's economic policies have faced criticism for increasing affordability problems, leading to public dissatisfaction [17][18] Political Implications - The economic climate could impact upcoming elections, potentially affecting the success of candidates [18][19] - Key congressional races are being targeted by political committees, with the economy playing a crucial role [20] - The outcome of future elections will depend on the effectiveness of candidates in addressing economic concerns [22][23] Economic Assessment - An economics professor assesses the economy with a "B" grade based on unemployment, inflation, and the budget deficit [2] - Public sentiment towards the economy is significantly more negative, with many rating it a "D" due to personal financial struggles [9][15]